Spillovers to Emerging Equity Markets: An Econometric Assessment
AbstractThis paper shows that emerging market equity prices are influenced by growing global factors, and therefore global factors constitute a significant channel for spillovers when the international economic environment changes. Strengthening their resilience to equity price declines remains an important goal for emerging market economies.
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Working Papers with number 09/111.
Date of creation: 01 May 2009
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-10-10 (All new papers)
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