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Journal : Bina Ekonomi: Majalah Ilmiah Fakultas Ekonomi Universitas Katolik Parahyangan

PERBANDINGAN STOCK MARKET CRASH 1987 :' DAN STOCK MARKET CRASH 1997 Yovita Vivianty Indridewi Atmadjaja
Bina Ekonomi Vol. 3 No. 2 (1999)
Publisher : Center for Economic Studies Universitas Katolik Parahyangan

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (393.651 KB) | DOI: 10.26593/be.v3i2.520.%p

Abstract

Stock market crash refers to the condition, which is marked with the large dropping of stock Market price index. Historically, stock market crash has happened three times, namely in 1929, 1987 and 1997. This paper will discuss the causes of 1987's and 1997's stock market Crash and the similarities and the differences between 1987's and 1997's stock market crash. The structure of the paper is as follows. The paper starts with the introduction. The second Section briefly explains the causes of the 1987's stock market crash. The third section Discusses the major cause of the 1997's stock market crash. The fourth and the fifth sections Contain the similarities and the differences between the event leading up the 1987 crash and The stock market crash in 1997. And the last section is the conclusion.
BARRIER OPTION Yovita Vivianty Indridewi Atmadjaja
Bina Ekonomi Vol. 4 No. 1 (2000)
Publisher : Center for Economic Studies Universitas Katolik Parahyangan

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (542.983 KB) | DOI: 10.26593/be.v4i1.566.%p

Abstract

Barrier options are the popular form of exotic options. Exotic options refer to non-standard option, which emerge due to the development in financial and option technology, the increased focus on risk management and the increased focus on the inadequacies of existing risk-management tools. Barrier options are becoming more common in the over the counter markets as alternative hedging tools since they provide cheaper price than plain European options. Barrier option is non-standard option because it has more complicated payoffs than the standard European and American option and has different activation or expiration mechanism with standard option.