What is it about?
This paper explains how financial crisis which originated in the US affected the Asian stock markets and which stock markets of Asia are systemically important. If these systemically important markets affected by any reason it would result in contagion and markets of whole Asian region would be affected.
Featured Image
Why is it important?
This paper uses the network science and related algorithms like Kruskal and Djikstra to explain the contagious behaviour in the Asian region which was not attempted before.
Perspectives
Writing this paper was a great experience and especially using the Minimum Spanning Tree (MST) algorithms to show the systemically important markets was quite interesting. Mainly these kinds of algorithms are used by the companies like Google, Facebook, Uber, Lyft etc to show the minimum distance between the two places.
Jitendra Aswani
Fordham University Gerald M Quinn Library
Read the Original
This page is a summary of: Impact of global financial crisis on network of Asian stock markets, Algorithmic Finance, December 2017, IOS Press,
DOI: 10.3233/af-170192.
You can read the full text:
Contributors
The following have contributed to this page
