Against the background of the rapid integration of emerging Asia into the global economy, this paper investigates the … role of domestic and external factors in driving individual emerging economies in Asia. We estimate VAR models for ten …

dependence of emerging Asia on external demand. This paper analyses, using an update of the Asian International Input-Output (AIO … linkages. According to the results, we do not find evidence of the decoupling of emerging Asia from the rest of the world. On … indicates that emerging Asia's dependence on exports is only about one-third of its GDP, i.e. well below the 50% exposure …

We analytically derive optimal central bank portfolios in a minimum variance framework with two assets and quot … sudden stops in Asia and Latin America, while the euro is a better hedge for sudden stops in Emerging Europe. We reproduce …

regions with widening imbalances, the United States and emerging Asia, using sign restrictions that are compatible with … imbalances in the US and emerging Asia than a quot;savings glutquot …

is rather diverse especially as compared to the group of top performing emerging markets in Asia. Econometric analysis …

This paper studies the impact of cyclical systemic risk on future bank profitability for a large representative panel … risk predict large drops in the average bank-level return on assets (ROA) with a lead time of 3-5 years. Based on quantile … local projections we further show that the negative impact of cyclical systemic risk on the left tail of the future bank …