Article ID Journal Published Year Pages File Type
10488006 Journal of Financial Stability 2013 13 Pages PDF
Abstract
► We investigate the signaling role of the MSB spread during the recent financial crisis. ► Short-term capital flows transmit exogenous shocks via foreign reserves channel. ► A negative impact on foreign reserves is a major risk to domestic financial markets. ► The MSB spread is a signal to capture short-term capital and foreign reserve shock.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics, Econometrics and Finance (General)
Authors
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