How Financial Conditions Matter Differently across Latin America

preview-18
  • How Financial Conditions Matter Differently across Latin America Book Detail

  • Author : Mr.Luis Brandao-Marques
  • Release Date : 2017-10-30
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 27
  • ISBN 13 : 1484325508
  • File Size : 40,40 MB

How Financial Conditions Matter Differently across Latin America by Mr.Luis Brandao-Marques PDF Summary

Book Description: This paper develops comparable financial conditions indices (FCIs) for the six large and most financially-integrated Latin American economies (LA6) by following Korobilis (2013) and Koop and Korobilis (2014). The main findings are as follows. First, the estimated FCIs are influenced by a commodity cycle, a global financial cycle, as well as country-specific episodes of financial distress. Second, by early 2017, financial conditions remained favorable in most LA6 economies relative to historical standards. Third, the impact of financial shocks on economic activity widely varies across LA6 and is otherwise found to be stronger in periods of financial stress. Fourth, exposure to regional financial spillovers also differs across LA6.

Disclaimer: www.yourbookbest.com does not own How Financial Conditions Matter Differently across Latin America books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.