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 …

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

imbalances, the United States and emerging Asia, using sign restrictions that are compatible with standard New Keynesian and Real … "liquidity glutʺ may have been a more important driver of real and financial imbalances in the US and emerging Asia than a …

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

investment in a model in which firms borrow from both bank and non-bank lenders. The bank funds loans with insured deposits and … competitively price loans. A tight capital requirement on the bank reduces risk-shifting and decreases bank leverage, reducing the … risk of costly bank failure. In response, though, the bank can change both price and non-price contract terms. This may …