The effect of ASEAN-4 stock market volatility on the Japanese yen as a safe haven asset from 2003 to 2019
Clicks: 3
ID: 286242
2020
Article Quality & Performance Metrics
Overall Quality
Not rated
Combines reader engagement with the AI quality analysis. This
article has not been analysed, so there is no overall score —
reader engagement is measured and shown alongside.
Reader Engagement
Popular Article
0.6
/100
3 views
0 readers
AI Quality Assessment
Not analyzed
Readership in this journal
PopularRanked #864 of 3,757 articles by views in Malay Journal
Most read
Least read
Bar heights use a square-root scale. Only the 120 most-read articles are drawn; the journal has 3,757 in total.
Mint this article as an NFT
Not yet mintedCreate a permanent, verifiable on-chain record of this article on the Scimatic Network. The NFT is held in your Journament account, and you can withdraw it to your own wallet at any time.
5
SUSD
one-off · no wallet required
Abstract
Uncertainty and volatility will always exist in the market due to it being imperfect and filled with ambiguity. That is why it is important for investors or other financiers to have a safety net or a last resort during financial instability. It is very crucial to verify and ascertain all the possible safe haven currencies in a specific country or location. This study is focus on examining how the Multivariate GARCH-BEKK model can help determine and evaluate the relation between the Japanese Yen and the stock market volatilities of the ASEAN-4 countries. Moreover, the objective of the study is to determine the effects of ASEAN-4 stock market volatility with regards to the Japanese Yen as a safe haven currency and the extent of its risk exposure as a safe haven currency during stock market volatility in the ASEAN-4 countries using the study’s main model. The results of this study indicate that the Japanese Yen is sometimes affected by the stock market’s volatility which is why it only serves as a safe haven currency during certain periods and only in some countries. Moreover, results also show that the Japanese Yen best be used as a safe haven currency for the country of Indonesia while for the countries of the Philippines and Thailand, the Japanese Yen is somewhat useful in certain periods. However, for the country of Malaysia, the Japanese Yen did poorly, thus it was deemed not suitable for Bursa Malaysia.
| Reference Key |
persistent_1760657988_68f182449efc8
Use this key to autocite in the manuscript while using
SciMatic Manuscript Manager or Thesis Manager
|
|---|---|
| Authors | Lao, Shiela Camille Chua |
| Journal | Malay Journal |
| Year | 2020 |
| DOI |
DOI not found
|
| URL | |
| Keywords | Keywords not found |
Citations
No citations found. To add a citation, contact the admin at info@scimatic.org
Comments
No comments yet. Be the first to comment on this article.