کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
9550847 1372611 2005 20 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
External factors in emerging market recoveries: An empirical investigation
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
External factors in emerging market recoveries: An empirical investigation
چکیده انگلیسی
We estimate conditional duration models to analyse recovery processes in emerging market economies. Our reduced form specification is parsimonious, as we focus on exogenous factors, such as the effect of growth in the US, EU, and Japan on the prospects for recovery in emerging market economies experiencing recessions. The model confirms the importance of external factors in recovery processes. However, the short-run effect of Japanese growth on recovery prospects is unconventional: weak economic conditions in Japan turn out to facilitate recoveries.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: European Economic Review - Volume 49, Issue 3, April 2005, Pages 683-702
نویسندگان
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