Taper Tantrum and Emerging Equity Market Slumps
Estrada, Gemma B.; Park, Donghyun; Ramayandi, Arief | September 2015
Abstract
This paper empirically examines the effect of the taper tantrum on the equity markets of emerging
economies. The study finds that virtually all emerging market equity markets were affected by the taper
tantrum, thus highlighting the need for emerging market authorities to remain vigilant about the effects of
advanced economy monetary policies on their financial stability.
Citation
Estrada, Gemma B.; Park, Donghyun; Ramayandi, Arief. 2015. Taper Tantrum and Emerging Equity Market Slumps. © Asian Development Bank. http://hdl.handle.net/11540/5156. License: CC BY 3.0 IGO.Keywords
Financial Stability
Financial Management System
Capital Market Development
Financial Sector Regulation
Regional Economic Development
Public Finance
Economies in transition
Banks
Local Government
Financial aid
Social responsibility of business
Market
Banks and banking
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Citable URI
http://hdl.handle.net/11540/5156Metadata
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