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010   $a9786612842450
010   $a1-282-84245-5
010   $a1-4518-7170-8
035   $a(CKB)3170000000055194
035   $a(EBL)1608159
035   $a(SSID)ssj0000943047
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035   $a(PQKBTitleCode)TC0000943047
035   $a(PQKBWorkID)10974820
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035   $a(OCoLC)465436123
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100   $a20041202d2009      uf             0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aRegional financial spillovers across Europe$b[electronic resource] $ea global VAR analysis /$fprepared by Alessandro Galesi and Silvia Sgherri
210   $a[Washington D.C.] $cInternational Monetary Fund$d2009
215   $a1 online resource (34 p.)
225 1 $aIMF working paper ;$vWP/09/23
300   $aDescription based upon print version of record.
311   $a1-4519-1606-X 
320   $aIncludes bibliographical references.
327   $aContents; I. Introduction; II. The GVAR Model (1999-2008); A. Structure of the model; B. The data and properties of the series; III. Estimation; A. Conditions for the GVAR estimation; B. Estimation of the country-specific models; C. Testing for weak exogeneity; D. Impact Elasticities; IV. Dynamic Analysis; A. Generalized Impulse Response Functions; B. Generalized Forecast Error Variance Decompositions; V. Concluding Remarks; Figures; 1. Increasing Reliance of Emerging Europe on Foreign Bank Funding; 2. Concentration of Emerging Europe Exposure toWestern Europe
330   $aThe recent financial crisis raises important issues about the transmission of financial shocks across borders. In this paper, a global vector autoregressive (GVAR) model is constructed to assess the relevance of international spillovers following a historical slowdown in U.S. equity prices. The GVAR model contains 27 country-specific models, including the United States, 17 European advanced economies, and 9 European emerging economies. Each country model is linked to the others by a set of country-specific foreign variables, computed using bilateral bank lending exposures. Results reveal consi
410  0$aIMF working paper ;$vWP/09/23.
606   $aCapital movements$xEconometric models
606   $aEconometrics
608   $aElectronic books.
615  0$aCapital movements$xEconometric models.
615  0$aEconometrics.
700   $aGalesi$b Alessandro$0974752
701   $aSgherri$b Silvia$0864451
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910464062203321
996   $aRegional financial spillovers across Europe$92219597
997   $aUNINA