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A mechanism of international transmission of financial crises

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Empirical Science of Financial Fluctuations

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Abstract

This paper proposes a model of international financial market that is based on the statistical mechanics. The aim of this paper is (i) to show a mechanism of international transmission of financial shocks, and (ii) to explain the stylized facts characterizing in periods of international financial crises by using the model.

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References

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Author information

Authors and Affiliations

  1. Depaertment of Economics, University of Kiel, Olshausenstr. 40, 24118, Kiel, Germany

    Taisei Kaizoji

  2. Division of Social Sciences, International Christian University, Osawa, Mitaka, Tokyo, 181-8585, Japan

    Taisei Kaizoji

Authors
  1. Taisei Kaizoji
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Editor information

Editors and Affiliations

  1. Sony Computer Science Laboratories, Inc., Takanawa Muse Bldg. 3-14-13 Higashigotanda, Shinagawa-ku, Tokyo, 141-0022, Japan

    Hideki Takayasu Ph.D. (Senior Researcher) (Senior Researcher)

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© 2002 Springer Japan

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Kaizoji, T. (2002). A mechanism of international transmission of financial crises. In: Takayasu, H. (eds) Empirical Science of Financial Fluctuations. Springer, Tokyo. https://doi.org/10.1007/978-4-431-66993-7_10

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  • DOI: https://doi.org/10.1007/978-4-431-66993-7_10

  • Publisher Name: Springer, Tokyo

  • Print ISBN: 978-4-431-66995-1

  • Online ISBN: 978-4-431-66993-7

  • eBook Packages: Springer Book Archive

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