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...

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Detalles Bibliográficos
Autor principal: Brandao Marques, Luis
Otros Autores: Gelos, R., Melgar, Natalia
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2013.
Colección:IMF Working Papers; Working Paper ; No. 2013/156
Acceso en línea:Full text available on IMF