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Financial Integration in Asia : Estimating the Risk-Sharing Gains for Australia and Other Nations

Mercereau, Benoît - 2006

Intro -- Contents -- I. INTRODUCTION -- II. FINANCIAL INTEGRATION REDUCES RISK -- III. ESTIMATION METHODOLOGY AND DATA -- IV. RESULTS -- V. CONCLUSION -- Appendix. Data Sources and Construction -- References.

Persistent link: https://www.econbiz.de/10012690982

Implications of Trade Barriers for Sectoral Diversification and Macroeconomic Stability in Developing Economies.

Srour, Gabriel - 2006

DIVERSIFICATION -- V. RIGID WAGES -- VI. CONCLUSION -- APPENDIX: THE MODEL -- REFERENCES. …

Persistent link: https://www.econbiz.de/10012691138

Does Economic Diversification Lead to Financial Development? Evidence from Topography.

Ramcharan, Rodney - 2006

Persistent link: https://www.econbiz.de/10012691155

A Conceptual Policy Framework for Leveraging Digitalization to Support Diversification in Sub-Saharan Africa

Diouf, Mame Astou - 2024

, despite its established economic benefits, several challenges have precluded diversification in SSA. Against this backdrop … digitalization is a promising avenue to overcome barriers to diversification. Fast-paced advances in the diffusion of digital … new and unprecedented ways. Therefore, digitalization has the potential to promote diversification and growth in SSA by …

Persistent link: https://www.econbiz.de/10015080303

Geoeconomic Fragmentation and International Diversification Benefits

Okuda, Tatsushi - 2024

quantify the loss of international diversification benefits for major advanced economies, which have a significant presence in … imply a potentially significant loss of international diversification benefits of financial openness for the considered …

Persistent link: https://www.econbiz.de/10015058604

Systemic Risk and Asymmetric Responses in the Financial Industry

López-Espinosa, Germán; Rubia, Antonio; Valderrama, Laura - International Monetary Fund (IMF) - 2012

To date, an operational measure of systemic risk capturing non-linear tail comovement between system-wide and individual bank returns has not yet been developed. This paper proposes an extension of the so-called CoVaR measure that captures the asymmetric response of the banking system to...

Persistent link: https://www.econbiz.de/10011142002

Structural Reforms and Regional Convergence

Spilimbergo, Antonio; Che, Natasha Xingyuan - International Monetary Fund (IMF) - 2012

Which structural reforms affect the speed the regional convergence within a country? We found that domestic financial development, trade/current account openness, better institutional infrastructure, and selected labor market reforms facilitate regional convergence. However, these reforms have...

Persistent link: https://www.econbiz.de/10011142004

Global and Regional Spillovers to Pacific Island Countries

Wu, Yiqun; Tumbarello, Patrizia; Sheridan, Niamh - International Monetary Fund (IMF) - 2012

Regional integration of Pacific Island countries (PICs) with Australia, New Zealand, and emerging Asia has increased over the last two decades. PICs have become more exposed to the regionâ€™s business cycles, and spillovers from regional economies are more important for PICs than from...

Persistent link: https://www.econbiz.de/10011142036

Monetization in Low- and Middle-Income Countries

Kinoshita, Noriaki; McLoughlin, Cameron - International Monetary Fund (IMF) - 2012

The degree of an economyâ€™s monetization, which has an important implication on economic growth, can be affected by the conduct of monetary policy, financial sector reform, and episodes of financial crises. The paper finds that monetization--measured by the ratio of broad money to nominal...

Persistent link: https://www.econbiz.de/10011142100

Post-Laspeyres; The Case for a New Formula for Compiling Consumer Price Indexes

Armknecht, Paul A.; Silver, Mick - International Monetary Fund (IMF) - 2012

Consumer price indexes (CPIs) are compiled at the higher (weighted) level using Laspeyres-type arithmetic averages. This paper questions the suitability of such formulas and considers two counterpart alternatives that use geometric averaging, the Geometric Young and the (price-updated) Geometric...

Persistent link: https://www.econbiz.de/10011242235