IDEAS home Printed from https://ideas.repec.org/p/arx/papers/physics-0504009.html
   My bibliography  Save this paper

Characteristics of the Korean stock market correlations

Author

Listed:
  • Woo-Sung Jung
  • Seungbyung Chae
  • Jae-Suk Yang
  • Hie-Tae Moon

Abstract

In this study, we establish a network structure of the Korean stock market, one of the emerging markets, with its minimum spanning tree through the correlation matrix. Base on this analysis, it is found that the Korean stock market doesn't form the clusters of the business sectors or of the industry categories. When the MSCI (Morgan Stanley Capital International Inc.) index is exploited, we found that the clusters of the Korean stock market is formed. This finding implicates that the Korean market, in this context, is characteristically different form the mature markets.

Suggested Citation

  • Woo-Sung Jung & Seungbyung Chae & Jae-Suk Yang & Hie-Tae Moon, 2005. "Characteristics of the Korean stock market correlations," Papers physics/0504009, arXiv.org, revised Jun 2005.
    • Handle: RePEc:arx:papers:physics/0504009
    as

    Download full text from publisher

    File URL: http://arxiv.org/pdf/physics/0504009
    File Function: Latest version
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arx:papers:physics/0504009. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: arXiv administrators (email available below). General contact details of provider: http://arxiv.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.