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...
| Auteur principal: | |
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| Autres auteurs: | , |
| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2011.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2011/170 |
| Accès en ligne: | Full text available on IMF |