Similar Search Results

Slowdown in emerging markets: Rough patch or prolonged weakness?

Didier, Tatiana; Kose, M. Ayhan; Ohnsorge, Franziska; … - 2015

Emerging markets (EM) face their fifth consecutive year of slowing growth and a possibly longer period of sluggish performance than previously thought. This paper presents a comprehensive analysis of the nature of and the appropriate policy responses to the growth slowdown in EM. It reports...

Persistent link: https://www.econbiz.de/10011696297

Slowdown in emerging markets : rough patch or prolonged weakness?

Didier, Tatiana; Kose, M. Ayhan; Ohnsorge, Franziska; … - 2015

Persistent link: https://www.econbiz.de/10011439473

Slowdown in Emerging Markets : Rough Patch or Prolonged Weakness?

Didier, Tatiana - 2016

Persistent link: https://www.econbiz.de/10013001608

Asset prices and macroeconomic outcomes: A survey

Claessens, Stijn; Kose, M. Ayhan - 2017

This paper surveys the literature on the linkages between asset prices and macroeconomic outcomes. It focuses on three major questions. First, what are the basic theoretical linkages between asset prices and macroeconomic outcomes? Second, what is the empirical evidence supporting these...

Persistent link: https://www.econbiz.de/10012060200

Macroeconomic implications of financial imperfections: A survey

Claessens, Stijn; Kose, M. Ayhan - 2017

This paper surveys the theoretical and empirical literature on the macroeconomic implications of financial imperfections. It focuses on two major channels through which financial imperfections can affect macroeconomic outcomes. The first channel, which operates through the demand side of finance...

Persistent link: https://www.econbiz.de/10012060201

How do trade and financial integration affect the relationship between growth and volatility?

Kose, M. Ayhan; Prasad, Eswar S.; Terrones, Marco E. - 2006

integration that has intensified since the mid-1980s. Using a comprehensive new dataset, we document that, while the basic … negative association between growth and volatility has been preserved during the 1990s, both trade and financial integration … volatility and trade integration is significantly positive. We find a similar, although less significant, result for the …

Persistent link: https://www.econbiz.de/10010268058

Financial globalization and economic policies

Kose, M. Ayhan; Prasad, Eswar; Rogoff, Kenneth; Wei, … - 2009

macroeconomic policies are an important prerequisite for ensuring that financial integration is beneficial. However, our analysis … also suggests that the relationship between financial integration and economic policies is a complex one and that there are … to improve the risk-benefit tradeoffs of financial integration. Ultimately, it is essential to see financial integration …

Persistent link: https://www.econbiz.de/10010269041

Emerging and developing economies: Ten years after the global recession

Kose, M. Ayhan; Ohnsorge, Franziska - 2020

Although emerging market and developing economies (EMDEs) weathered the global recession a decade ago relatively well, they now appear less well placed to cope with the substantial downside risks facing the global economy. In many EMDEs, the room for monetary and fiscal policies to respond to...

Persistent link: https://www.econbiz.de/10012388933

Remittances over the business cycle: Theory and evidence

De, Supriyo; Islamaj, Ergys; Kose, M. Ayhan; Yousefi, … - 2016

This paper examines the behavior of remittances over the business cycle and their potential to act as a stabilizer during periods of high business cycle volatility. Four main findings are reported. First, in theory, the cyclical behavior of remittances depends on the motives to remit. Second,...

Persistent link: https://www.econbiz.de/10011696298

Financial Globalization and Economic Policies

Kose, M. Ayhan; Prasad, Eswar; Rogoff, Kenneth; Wei, … - Institut zur Zukunft der Arbeit <Bonn> - 2009

also suggests that the relationship betweenfinancial integration and economic policies is a complex one and that there are … risk-benefit tradeoffs offinancial integration. Ultimately, it is essential to see financial integration not just as …

Persistent link: https://www.econbiz.de/10009360650