Cargando…
The transmission of financial stress from advanced to emerging economies /
This paper studies how financial stress is transmitted from advanced to emerging economies, using a new financial stress index for emerging economies. An episode of financial stress is defined as a period when the financial system's ability to intermediate may be impaired. Previous financial cr...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington D.C.] :
International Monetary Fund,
2009.
|
| Colección: | IMF working paper ;
WP/09/133. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | This paper studies how financial stress is transmitted from advanced to emerging economies, using a new financial stress index for emerging economies. An episode of financial stress is defined as a period when the financial system's ability to intermediate may be impaired. Previous financial crises in advanced economies passed through strongly and rapidly to emerging economies. In line with this pattern, the unprecedented spike in financial stress in advanced economies elevated financial stress across emerging economies above levels seen during the Asian crisis, but with significant cross-coun. |
|---|---|
| Descripción Física: | 1 online resource (52 pages) : illustrations |
| Bibliografía: | Includes bibliographical references. |