Taming the global financial cycle: What role for the global financial safety net?
Sign Up to like & getrecommendations! Published in 2019 at "Journal of International Money and Finance"
DOI: 10.1016/j.jimonfin.2019.01.015
Abstract: An ongoing active debate considers the role of the Global Financial Cycle (GFC) in driving international capital flows - especially in emerging economies - as well as the policy options available to absorb their impact.… read more here.
Keywords: global financial; safety net; financial cycle; role global ... See more keywords
The Global Financial Cycle and US monetary policy in an interconnected world
Sign Up to like & getrecommendations! Published in 2021 at "Journal of International Money and Finance"
DOI: 10.1016/j.jimonfin.2021.102395
Abstract: Abstract We assess the international spillovers of US monetary policy with a large-scale global VAR which models the world economy as a network of interdependent countries. An expansionary US monetary policy shock contributes to the… read more here.
Keywords: world; global financial; monetary policy; financial cycle ... See more keywords
Is the Chinese Economy Well Positioned to Fight the COVID-19 Pandemic? the Financial Cycle Perspective
Sign Up to like & getrecommendations! Published in 2020 at "Emerging Markets Finance and Trade"
DOI: 10.1080/1540496x.2020.1787152
Abstract: ABSTRACT This paper conducts a time-frequency analysis of the macro-financial variables in China to assess its resilience in fighting the coronavirus pandemic (COVID-19). We find that the Chinese business and financial cycles over the short,… read more here.
Keywords: chinese economy; economy well; covid; financial cycle ... See more keywords
Measuring the Financial Cycle in South Africa
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DOI: 10.1111/saje.12246
Abstract: We measure the financial cycle of South Africa using three different methodologies. The financial cycle is identified using credit, house prices and equity prices as indicators, and estimated using traditional turning‐point analysis, frequency‐based filters and… read more here.
Keywords: measuring financial; south africa; financial cycle; cycle ... See more keywords