Country Transparency and the Global Transmission of Financial Shocks

WP/13/156

Country Transparency and the Global Transmission of Financial Shocks
This paper considers the role of country-level opacity (the lack of availability of information) in amplifying shocks emanating from financial centers. We provide a simple model where, in the presence of ambiguity (uncertainty about the probability distribution of returns), prices in emerging markets react more strongly to signals from the... READ MORE...

Publication date: July 2013
ISBN 9781484397237
$18.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: July 2013

PDF

Publication date: July 2013

English