Formation of stock market trade networks model in modern condition

dc.citation.conference7th International youth science forum «Litteris et Artibus»
dc.citation.epage326
dc.citation.journalTitleLitteris et Artibus : матеріали
dc.citation.spage321
dc.contributor.affiliationOdessa National University named after I.I. Mechnikov
dc.contributor.authorKopylova, Olha
dc.coverage.placenameЛьвів
dc.coverage.placenameLviv
dc.coverage.temporal23–25 листопада 2017 року
dc.coverage.temporal23–25 November, 2017
dc.date.accessioned2018-04-12T13:05:28Z
dc.date.available2018-04-12T13:05:28Z
dc.date.created2017-12-23
dc.date.issued2017-12-23
dc.description.abstractA precondition for countries’ co-existence in the global financial area is a specific architectonics, i. e. a composition of the financial area that makes it possible to study the integrity of a phenomenon, its environment and inner structure. This financial architectonics of the stock market should be based on the infrastructure, or, rather, its segment – the one which is the likeliest to have the said characteristics. As a result, the stock market infrastructure will become a basis for the formation and development of a ramified system of strong but constantly evolving trading networks as superinfrastructures. The variety of stock market models makes it evident that the current views need to be modified. The current regulatory reforms and the development of information and communication technologies have boosted the competition among different types of institutions that specialise in financial instruments trading. The concentration of the stock market’s trade networks increases the interdependence of its participants, but its impact on the volatility is less definite.
dc.format.extent321-326
dc.format.pages6
dc.identifier.citationKopylova O. Formation of stock market trade networks model in modern condition / Olha Kopylova // Litteris et Artibus : proceedings, 23–25 November, 2017. — Lviv : Lviv Polytechnic Publishing House, 2017. — P. 321–326. — (6th International academic conference «Economics & management 2017» (EM-2017)).
dc.identifier.citationenKopylova O. Formation of stock market trade networks model in modern condition / Olha Kopylova // Litteris et Artibus : proceedings, 23–25 November, 2017. — Lviv : Lviv Polytechnic Publishing House, 2017. — P. 321–326. — (6th International academic conference «Economics & management 2017» (EM-2017)).
dc.identifier.isbn978-966-941-108-2
dc.identifier.urihttps://ena.lpnu.ua/handle/ntb/40404
dc.language.isoen
dc.publisherВидавництво Львівської політехніки
dc.publisherLviv Polytechnic Publishing House
dc.relation.ispartofLitteris et Artibus : матеріали, 2017
dc.relation.ispartofLitteris et Artibus : proceedings, 2017
dc.relation.references[1] Mankiw, N. G. (2011). Principles of Economics. 6th edition. Cengage Learning
dc.relation.references[2] Krinichansky, K.V. (2009). Theoretical and methodological foundations of the study of the evolution of the financial market institutions. Herald of Chelyabinsk State University, 19 (157), Issue 21, 36-43.
dc.relation.references[3] North, D. (1990). Institutions, Institutional Change and Economic Performance. Cambridge: Cambridge University Press
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dc.relation.references[7] Jackson, M. O. (2008). Social and Economic Networks. Princeton University Press. Retrieved from: http://web.stanford.edu/~jacksonm/netbook.pdf
dc.relation.references[8] Castells, M. (1996). The Rise of the Network Society. The Information Age: Economy, Society and Culture, Vol. I. Cambridge, MA; Oxford, UK: Blackwell
dc.relation.references[9] Marsden, P. V. (2002). Egocentric and Sociocentric Measures of Network Centrality. Social Networks, 24 (4), 407-422
dc.relation.references[10] Williamson, O. E. (1998). The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting. Detroit: Free Press.
dc.relation.references[11] Kopylova, O. (2016). Trade networks evolution under the conditions of stock market globalization. Economic Processes Management: International Scientific EJournal, 4. Retrieved from: http://epm.fem.sumdu.edu.ua/download/2016_4/epm2016_4_3.pdf
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dc.relation.references[13] Tobin, J. E. (1984). On the efficiency of the financial system. Lloyds Bank Review, 153 (July), 1-15.
dc.relation.references[14] Stiglitz, J. E. (1989). Using tax policy to curb speculative short-term trading. Journal of Financial Service Research, 3 (2-3), 101-115
dc.relation.references[15] Summers, L. H. & Summers, V. P. (1989). When financial markets work too well: A cautious case for a security transaction tax. Journal of Financial Service Research, 3(2-3), 261-286
dc.relation.references[16] Eichengreen, B., Tobin, J. & Wyplosz Ch. (1995). Two cases for sand in the wheels of international finance. Economic Journal, 105, 162-172
dc.relation.references[17] Gai, P. & Kapadia S. (2010). Contagion in Financial Networks. Bank of England Working Paper, 383. – Retrieved from: https://ssrn.com/abstract=1577043
dc.relation.references[18] Kirdina, S.G. (2014). Institutional matrices and the development of Russia. М.: Nestor-History
dc.relation.references[19] Luchenok, A.I. (2016). Improvement of the institutional matrix of the Belarusian economic model. Economic science today: a collection of scientific articles. Minsk: BNTU, 4, 102 – 112
dc.relation.references[20] Kopylova O. (2016). Modern theoretical approaches to the definition of trading stock market networks. Economic analysis, 25 (1), 138-143
dc.relation.referencesen[1] Mankiw, N. G. (2011). Principles of Economics. 6th edition. Cengage Learning
dc.relation.referencesen[2] Krinichansky, K.V. (2009). Theoretical and methodological foundations of the study of the evolution of the financial market institutions. Herald of Chelyabinsk State University, 19 (157), Issue 21, 36-43.
dc.relation.referencesen[3] North, D. (1990). Institutions, Institutional Change and Economic Performance. Cambridge: Cambridge University Press
dc.relation.referencesen[4] Bourdieu P. (2005). The Social Structures of the Economy. Polity. Business & Economics
dc.relation.referencesen[5] Deleuze, G. & Guattari F. (1991). What is Philosophy? Columbia University Press
dc.relation.referencesen[6] Granovetter, M. S. (1973). The Strength of Weak Ties. American Journal of Sociology, 78 (6), 1360–1380
dc.relation.referencesen[7] Jackson, M. O. (2008). Social and Economic Networks. Princeton University Press. Retrieved from: http://web.stanford.edu/~jacksonm/netbook.pdf
dc.relation.referencesen[8] Castells, M. (1996). The Rise of the Network Society. The Information Age: Economy, Society and Culture, Vol. I. Cambridge, MA; Oxford, UK: Blackwell
dc.relation.referencesen[9] Marsden, P. V. (2002). Egocentric and Sociocentric Measures of Network Centrality. Social Networks, 24 (4), 407-422
dc.relation.referencesen[10] Williamson, O. E. (1998). The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting. Detroit: Free Press.
dc.relation.referencesen[11] Kopylova, O. (2016). Trade networks evolution under the conditions of stock market globalization. Economic Processes Management: International Scientific EJournal, 4. Retrieved from: http://epm.fem.sumdu.edu.ua/download/2016_4/epm2016_4_3.pdf
dc.relation.referencesen[12] Milgrom, P. & Roberts, J. (1992). The Economics, Organization and Management. Pearson.
dc.relation.referencesen[13] Tobin, J. E. (1984). On the efficiency of the financial system. Lloyds Bank Review, 153 (July), 1-15.
dc.relation.referencesen[14] Stiglitz, J. E. (1989). Using tax policy to curb speculative short-term trading. Journal of Financial Service Research, 3 (2-3), 101-115
dc.relation.referencesen[15] Summers, L. H. & Summers, V. P. (1989). When financial markets work too well: A cautious case for a security transaction tax. Journal of Financial Service Research, 3(2-3), 261-286
dc.relation.referencesen[16] Eichengreen, B., Tobin, J. & Wyplosz Ch. (1995). Two cases for sand in the wheels of international finance. Economic Journal, 105, 162-172
dc.relation.referencesen[17] Gai, P. & Kapadia S. (2010). Contagion in Financial Networks. Bank of England Working Paper, 383, Retrieved from: https://ssrn.com/abstract=1577043
dc.relation.referencesen[18] Kirdina, S.G. (2014). Institutional matrices and the development of Russia. M., Nestor-History
dc.relation.referencesen[19] Luchenok, A.I. (2016). Improvement of the institutional matrix of the Belarusian economic model. Economic science today: a collection of scientific articles. Minsk: BNTU, 4, 102 – 112
dc.relation.referencesen[20] Kopylova O. (2016). Modern theoretical approaches to the definition of trading stock market networks. Economic analysis, 25 (1), 138-143
dc.relation.urihttp://web.stanford.edu/~jacksonm/netbook.pdf
dc.relation.urihttp://epm.fem.sumdu.edu.ua/download/2016_4/epm2016_4_3.pdf
dc.relation.urihttps://ssrn.com/abstract=1577043
dc.rights.holder© Національний університет “Львівська політехніка”, 2017
dc.subjecttrade networks
dc.subjectstock market
dc.subjectfinancial architectonics
dc.subjectinfrastructure
dc.subjectinstitutional matrix
dc.subjectdisintermediation
dc.subjecttransaction costs
dc.titleFormation of stock market trade networks model in modern condition
dc.typeConference Abstract

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