1.

Record Nr.

UNIORUON00051611

Autore

ANSELMO, Valerio

Titolo

Studi e pubblicazioni sulla Corea in Italia : Guida bibliografica / Valerio Anselmo, Paolo Santangelo, Adolfo Tamburello

Pubbl/distr/stampa

Napoli, : Istituto Universitario Orientale, Seminario di Studi Asiatici, 1982

Descrizione fisica

23 p. ; 23 cm

Classificazione

COR GEN B

Altri autori (Persone)

SANTANGELO, Paolo

TAMBURELLO, Adolfo

Soggetti

COREA - BIBLIOGRAFIA - OPERE ITALIANE

Lingua di pubblicazione

Italiano

Formato

Materiale a stampa

Livello bibliografico

Monografia

2.

Record Nr.

UNINA9910960079903321

Autore

Mecagni Mauro

Titolo

The Persistence of Capital Account Crises / / Mauro Mecagni, Ruben Atoyan, David Hofman

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2009

ISBN

9786612843181

9781462393107

1462393101

9781452713748

145271374X

9781451872507

145187250X

9781282843189

1282843184

Edizione

[1st ed.]

Descrizione fisica

1 online resource (29 p.)

Collana

IMF Working Papers

Altri autori (Persone)

AtoyanRuben

HofmanDavid

Disciplina

332.152

Soggetti

Capital movements

Financial crises

Balance of payments



Banks and Banking

Capital account crisis

Currency

Current Account Adjustment

Debts, External

Duration Analysis

Economic & financial crises & disasters

Exchange rate arrangements

Exports and Imports

External debt

Finance

Financial Crises

Financial Risk Management

Financial services

Foreign Exchange

Foreign exchange

Index Numbers and Aggregation

Interest rates

Interest Rates: Determination, Term Structure, and Effects

International economics

International Lending and Debt Problems

Leading indicators

Real interest rates

Short-term Capital Movements

Turkey

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Contents; I. Introduction; II. Conceptual Framework and Methodology; A. Crisis Persistence, Complexity, and Macroeconomic Effects; Figures; 1. Average Duration and Crisis Complexity; Tables; 1. Duration and Nature of Crises; 2. Crisis Complexity, Duration, and Macroeconomic Costs; B. Determinants of the Duration of Crises; 3. Post-Crisis Vulnerabilities; C. Econometric Methodology; III. Persistence of Capital Account Crises; A. Estimation Results and Robustness Tests; 2. Estimation Results for the Capital Account Crises Duration Model; Boxes; 1. Some Further Diagnostic Results

B. Counterfactual Experiments 3. Descriptive Statistics for the Model Variables; 4. Predicted Probabilities of Staying in Crisis under Different Scenarios; 5. Increase in Predicted Probability of Exit from Crisis under Various Scenarios; 6. Reduction in Predicted Crisis Duration under Various Scenarios; IV. Conclusions; Appendices; 1. Measuring the Duration of Capital Account Crises; 2. A Model for the Duration of Capital Account Crises; References

Sommario/riassunto

This study contributes to the literature on capital account crises in two ways. First, our analysis of crisis episodes between 1994 and 2002 establishes a clear relationship between the persistence of crises, their



complexity, and the intensity of movement of key macroeconomic variables. Second, we provide a systematic examination of the determinants of crisis duration. Our econometric analysis suggests that initial conditions and the external environment plays a key role in determining crisis persistence. The policy response also matters, but cannot offset a record of poor past policies. Overall, the results underscore the critical importance of crisis prevention efforts.