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...

Полное описание

Библиографические подробности
Главный автор: Brandao Marques, Luis
Другие авторы: Gelos, R., Melgar, Natalia
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2013.
Серии:IMF Working Papers; Working Paper ; No. 2013/156
Online-ссылка:Full text available on IMF