Reporton Bachelor/ MasterThesis
tnstitute of Economic Studies, Faculty of Social Sciences, Gharles Univercity in Prague
Student:
Bc. Anažka Fialová
Advisor:
Doc. Roman Horváth, MA, PhD.
Title of the thesis:
Asian Financial Linkages: The Case of Japan
in English,Czech,or Slovak):
ovERALt ÁssEssilE^,r @rcvided
The aimof thethesisis:a) to reviewtheissueof empiricalanalysisof financial
to
ap_proaches
an overviewof mainmethodologica!
linkagesin generat,including
(2009)
to
Yilmaz
and
by Diebo|d
indexintroduced
meašureit;b) to use the spi||over
examinethedegreeof stockmarketlinkagesin East Asia withspecialattentionbeing
paidto thepositionof Japan.
The thesis,writtenin English,has 87 pagesandtheauthorquotes35 titlesof
The text
mostlyarticlesfromhighqualityinternaqtlonaljournals.
retevantreferences,
by 18 tables21 figures.
is illustrated
|inkageand its
|nthefirstpartthe authorpresentsa reviewof thetopicof Íinancial
financial
terms
of
the
definitions
theoretical
lt introduces
empiricalmeasurement.
whlchthefinancial
mainchannelsthrough
linkage,mentions
andfinancial
contagion
dealingwith
marketsinfluenceeachother,providesan outlineof existingliterature
methodological
main
of
an
overview
financiallinkagesandalsooffersto thereader
the internationa|
them.The secondpartintroduces
approachesoÍmeasuring
beingpaidto thestock
attention
special
with
markets
financial
Japanese
of
retations
studiesdealingwith
of
empirical
provides
review
a literature
market.Moreoverit also
on theempiricalanalysisof
EastAsianfinanciallinkage.The thirdpartconcentrates
Japanesestockmarketlinkages.Forthepurposeof theempiricalanalysis,thetime
of the EastAsian
consisting
seriesof dai|ystockpriceindicesof 16 countríes,
countriesandmajorworldeconomiesin thetimespan 1995-2012areanalyzed.
The mainfindingsof thethesissuggestthatwhileJapanesestockmarkethas been
westemimpacts,it has beenexercisinggrowing
openingtowardspredominantly
eventhoughthedrivingforcebehind
Moreover,
on EastAsiancountries.
inf|ueněe
the US, it is JapanandnotChina
from
has stem
regionalstockmarketmovements
|eader.
Íinancia|
its positionof regiona|
thatintensifies
andhas a format
methodology
usesrelevanteconometric
The textis weltstructured,
thesisshou|dbe
of
the
of a goodqua|ityresearchpaper.l be|ievethatmajorÍindings
economiciournal.
in an international
forpublication
submitted
gradeA.
highqualityof thethesisI recommend
Considering
Reporton Bachelor/ MasterThesis
Institute of Economic Studies, Faculty of Social Sciences, Charles Univercity in Prague
Student:
Bc. Anažka Fialová
Advisor:
Doc. Roman Horváth, MA, PhD.
Title of the thesis:
Asian Financial Linkages: The Case of Japan
SUMMARY OF POTwTSAWARDED (fordetaits,see below):
CATEGORY:
Literature
Methods
Contribution
Manuscipt Form
POiltTS''.'
20
(max.20 pints)
(max.30 points) 30
(max.30 points) 30
(max.20 pints) 20
.ť,oÍilE.;.Poil|T$liftnaxl...í00.ffiffi|.l
GRADE
:
{.tAi,',:
NAME OF THE REFEREE:
Prof. RNDr.lng. FrantišekTumavec,CSc.
DATE oF EvAL|lATtoN: SepÍemb
er 2, 2o1g
/
/(
*+, ) uuu tn-'
Referee Slgnature