Similar Search Results

Institutional Quality and Macrofinancial Resilience in Asia

Beirne, John; Panthi, Pradeep - 2022

We examine the effect of institutions on macrofinancial resilience in Asia. Focusing on a panel of 12 Asian economies from the first quarter of 1996 to the fourth quarter of 2020, we find that institutions for economies with high levels of institutional quality support the resilience of real GDP...

Persistent link: https://www.econbiz.de/10013492081

Institutional quality and macrofinancial resilience in Asia

Beirne, John; Panthi, Pradeep - 2022

This paper examines the effect of institutions on macrofinancial resilience in Asia. Focusing on a panel of 12 Asian economies from 1996Q1 to 2020Q4, we find that institutions for economies with high levels of institutional quality support the resilience of real GDP per capita and net FDI...

Persistent link: https://www.econbiz.de/10013472145

Risk-off shocks and spillovers in safe havens

Beirne, John; Sugandi, Eric - 2022

This paper examines real and financial spillovers to safe haven financial flow destinations due to risk-off shocks in … response to risk-off episodes over the estimation period, the yen real effective exchange rate (REER) appreciates sharply and …. Third, negative real spillovers from risk-off shocks appear to only apply to Japan with exchange rate appreciation …

Persistent link: https://www.econbiz.de/10014303059

Market Failures and Regulatory Failures : Lessons from Past and Present Financial Crises

Acharya, Viral V. - 2011

presents a case that there were four primary failures contributing to the crisis: excessive risk-taking in the financial sector … due to mispriced government guarantees; regulatory focus on individual institution risk rather than systemic risk; opacity …

Persistent link: https://www.econbiz.de/10013130373

Market failures and regulatory failures: Lessons from past and present financial crises

Acharya, Viral V.; Cooley, Thomas; Richardson, Matthew; … - 2011

case that there were four primary failures contributing to the crisis: excessive risk-taking in the financial sector due to … mispriced government guarantees; regulatory focus on individual institution risk rather than systemic risk; opacity of positions …

Persistent link: https://www.econbiz.de/10010286114

Exchange rate pass-through in emerging Asia and exposure to external shocks

Beirne, John; Renzhi, Nuobu; Panthi, Pradeep - 2023

Using a time-varying parameter SVAR model over the period 1994 to 2021, this paper provides estimates of exchange rate pass-through (ERPT) to both producer and consumer prices for nine emerging Asian economies. We also examine the role of four global shocks as propagation channels to both...

Persistent link: https://www.econbiz.de/10014540497

Financial development and the capital flow allocation puzzle in developing Asia

Beirne, John; Panthi, Pradeep - 2024

Using a panel regression approach across 13 developing Asian economies from 1996Q1 to 2019Q4, this paper examines the extent of financial development as a transmission channel for mediating the "allocation puzzle" in capital flows. This puzzle pertains to why capital seems to flow to economies...

Persistent link: https://www.econbiz.de/10015051847

Foreign fund flows and equity prices during the Covid-19 pandemic: Evidence from India

Acharya, Viral V.; Anshuman, V. Ravi; Kiran Kumar, K. - 2022

We study the period of the COVID-19 pandemic to assess the impact of foreign institutional investor (FII) flows on asset prices in an emerging market. Using a dataset of stock-level foreign fund flows of Indian equities, we show that stocks experiencing abnormally high innovations in foreign...

Persistent link: https://www.econbiz.de/10013472142

Foreign Fund Flows and Equity Prices during the COVID-19 Pandemic : Evidence from India

Acharya, Viral V.; Anshuman, V. Ravi; Kumar, K. Kiran - 2022

Persistent link: https://www.econbiz.de/10013492083