A Quantitative Assessment of Financial Conditions in Asia /

We propose a new Financial Condition Index (FCI) for Asian economies based on two different methodologies: a VAR model and a Dynamic Factor Model. The paper shows that this index has predictive power in forecasting GDP growth and may be thus used as a leading indicator. Based on the FCI, financial c...

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Xehetasun bibliografikoak
Egile nagusia: Osorio Buitron, Carolina
Beste egile batzuk: Pongsaparn, Runchana, Unsal, Filiz
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2011.
Saila:IMF Working Papers; Working Paper ; No. 2011/170
Sarrera elektronikoa:Full text available on IMF