Spillovers to Emerging Equity Markets An Econometric Assessment
This 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...
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Format: | eBook |
Language: | English |
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Washington, D.C.
International Monetary Fund
2009
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Series: | IMF Working Papers
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Collection: | International Monetary Fund - Collection details see MPG.ReNa |
Summary: | This 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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Physical Description: | 32 pages |
ISBN: | 9781451872583 |