Narrow search
Showing 1 - 10 of 691
Cover Image
Asian Flu or Wall Street Virus? Price and Volatility Spillovers of the Tech and Non-Tech Sectors in the United States and Asia
Chan-Lau, Jorge A.; Ivaschenko, Iryna V. - International Monetary Fund (IMF) - 2002
This paper, using T-GARCH models, finds that the United States has been the major source of price and volatility spillovers to stock markets in the Asian region during three different periods in the last decade: the pre-Long Term Capital Management crisis period, the "tech bubble" period, and...
Persistent link: https://www.econbiz.de/10005768786
Cover Image
Bond Markets As Conduits for Capital Flows; How Does Asia Compare?
Luengnaruemitchai, Pipat; Eichengreen, Barry J. - International Monetary Fund (IMF) - 2006
of financial integration or interrelatedness, asking how Asia compares with Europe and Latin America and with the base … more financially integrated than other regions. Asia, more interestingly, already seems to have made more progress on this … sample suggest that one factor holding back investment in foreign bonds in East Asia may be limited geographical …
Persistent link: https://www.econbiz.de/10005769016
Cover Image
Financial Sector Surveillance and the IMF
Gola, Carlo; Spadafora, Francesco - International Monetary Fund (IMF) - 2009
The global financial crisis has magnified the role of Financial Sector Surveillance (FSS) in the Fund's activities. This paper surveys the various steps and initiatives through which the Fund has increasingly deepened its involvement in FSS. Overall, this process can be characterized by a...
Persistent link: https://www.econbiz.de/10008540920
Cover Image
Determinants of Credit Growth and Interest Margins in the Philippines and Asia
Tan, Tatum Blaise Pua - International Monetary Fund (IMF) - 2012
Despite robust deposit growth, credit growth has been sluggish in the Philippines. We attribute this to legacy weaknesses in bank balance sheets, consumption-led economic growth, and relatively high net interest margins. Bank-level analysis suggests that interest margins in the Philippines rise...
Persistent link: https://www.econbiz.de/10010790364
Cover Image
Institutional Arrangements for Macroprudential Policy in Asia
Lim, Cheng Hoon; Ramchand, Rishi S; Wang, Hong; Wu, Xiaoyong - International Monetary Fund (IMF) - 2013
This paper surveys institutional arrangements for macroprudential policy in Asia. Central banks in Asia typically have …
Persistent link: https://www.econbiz.de/10010790389
Cover Image
Policy Responses to Capital Flows in Emerging Markets
Pradhan, Mahmood; Balakrishnan, Ravi; Baqir, Reza; … - International Monetary Fund (IMF) - 2011
Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience...
Persistent link: https://www.econbiz.de/10010790479
Cover Image
Impact of the Global Crisison Banking Sector Soundness in Asian Low-Income Countries
International Monetary Fund (IMF); International … - 2011
The paper takes stock of the impact of the global financial crisis that began in late 2007 on banking sectors of Asian low-income countries, by exploring bank-level data provided by Bankscope. The paper examines three key channels of possible crisis spillovers: exposures to (i) valuation changes...
Persistent link: https://www.econbiz.de/10009147328
Cover Image
The Development of Local Debt Markets in Asia
Goswami, Mangal; Sharma, Sunil - International Monetary Fund (IMF) - 2011
The paper makes an assessment of the progress made in developing local debt markets in emerging Asia. Market … scale, efficiency, and access. With rapid economic growth in Asia, a key challenge is to generate financial assets that can …
Persistent link: https://www.econbiz.de/10009151210
Cover Image
Asean Bond Market Development; Where Does it Stand? Where is it Going?
Pradhan, Mahmood; Peiris, Shanaka J.; Goswami, Mangal; … - International Monetary Fund (IMF) - 2011
Since the Asian crisis, ASEAN5 countries have expended considerable effort in trying to develop their domestic bond markets. Yet today these markets are not much larger, relative to GDP, than they were a decade before. How can we explain this? And does this mean that domestic markets have not,...
Persistent link: https://www.econbiz.de/10009151213
Cover Image
The Economic Crisis; Did Financial Supervision Matter?
Quintyn, Marc; Pansini, Rosaria Vega; Masciandaro, Donato - International Monetary Fund (IMF) - 2011
The Asian financial crisis marked the beginning of worldwide efforts to improve the effectiveness of financial supervision. However, the crisis that started in 2007?08 was a crude awakening: several of these improvements seemed unable to avoid or mitigate the crisis. This paper brings the first...
Persistent link: https://www.econbiz.de/10009370541