The Transmission of Financial Stress from Advanced to Emerging Economies

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 crises in advanced economies passed through strongly... READ MORE...

Publication date: June 2009
ISBN 9781451872804
$18.00

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