Actions for Pure Contagion and Investors Shifting Risk Appetite [electronic resource]: Analytical Issues and Empirical Evidence

Email RIS file
Bookmark
Report an Issue

Pure Contagion and Investors Shifting Risk Appetite [electronic resource]: Analytical Issues and Empirical Evidence

Author
Kumar, Manmohan S.
Published
Washington : International Monetary Fund Sept. 2001
Physical Description
30 p.
Additional Creators
Persaud, Avinash
Access Online

Availability

I Want It
I Want It

Finding items...

Restrictions on Access
License restrictions may limit access.
Summary
Annotation This paper discusses a pure form of financial contagion, unrelated to economic fundamentals - investors' shifting appetite for risk. It provides an analytical framework for identifying changes in investors' risk appetite and discusses whether it is possible to directly measure them in a way that can enable policy makers to differentiate between financial contagion and domestic fundamentals as the immediate source of a crisis. Daily measures of risk appetite are computed and their usefulness in predicting financial crises is assessed.
Genre(s)
ISBN
9781451900798
1451900791 (E-Book)
View MARC record | catkey: 15222312