Rose, Andrew K.; Spiegel, Mark M. - Federal Reserve Bank of San Francisco - 2009
combines 2008 changes in real GDP, the stock market, country credit ratings, and the exchange rate. We explore the linkages …; we focus on international linkages that may have allowed the crisis to spread across
countries. Our model of the cross‐country incidence of the crisis combines 2008 changes in real GDP,
the stock market, country credit ratings, and the exchange … the crisis is the same, combining 2008 changes in a) real GDP, b) the stock market, c) country
credit ratings, and d) the exchange …