Country Transparency and the Global Transmission of Financial Shocks /

This paper considers the role of country-level opacity (the lack of availability of information) in amplifying shocks emanating from financial centers. We provide a simple model where, in the presence of ambiguity (uncertainty about the probability distribution of returns), prices in emerging market...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Brandao Marques, Luis
Weitere Verfasser: Gelos, R., Melgar, Natalia
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2013.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2013/156
Online Zugang:Full text available on IMF