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...

Volledige beschrijving

Bibliografische gegevens
Hoofdauteur: Brandao Marques, Luis
Andere auteurs: Gelos, R., Melgar, Natalia
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2013.
Reeks:IMF Working Papers; Working Paper ; No. 2013/156
Online toegang:Full text available on IMF