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Connections between Frontier Markets

Author

Listed:
  • Eliza-Olivia Lungu

    (National Research Institute for Labour and Social Protection)

Abstract

The global financial system presents a high degree of connectivity and the network theory provides the natural framework for visualizing the structure of it connections. I analyse the financial links established between the frontier markets and how these links evolve over a 10 years period (2001 - 2011). I identify patterns in the network looking both at the node specific statistics (degree, strength and clustering coefficient) and at the aggregated network statistics (network density and network asymmetry index).

Suggested Citation

  • Eliza-Olivia Lungu, 2013. "Connections between Frontier Markets," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 16(48), pages 121-140, June.
    • Handle: RePEc:rej:journl:v:16:y:2013:i:47:p:121-140
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    References listed on IDEAS

    as
    1. Stefano Schiavo & Javier Reyes & Giorgio Fagiolo, 2010. "International trade and financial integration: a weighted network analysis," Quantitative Finance, Taylor & Francis Journals, vol. 10(4), pages 389-399.
    2. Giorgio Fagiolo, 2006. "Directed or Undirected? A New Index to Check for Directionality of Relations in Socio-Economic Networks," Economics Bulletin, AccessEcon, vol. 3(34), pages 1-12.
    3. Chinazzi, Matteo & Fagiolo, Giorgio & Reyes, Javier A. & Schiavo, Stefano, 2013. "Post-mortem examination of the international financial network," Journal of Economic Dynamics and Control, Elsevier, vol. 37(8), pages 1692-1713.
    4. Ana Babus, 2016. "The formation of financial networks," RAND Journal of Economics, RAND Corporation, vol. 47(2), pages 239-272, May.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Financial Network; Econophysics; Weighted directed network;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

    Statistics

    Access and download statistics

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