The Cross Country Incidence of the Global Crisis

This book PDF is perfect for those who love Business & Economics genre, written by Mr.Gian Milesi-Ferretti and published by International Monetary Fund which was released on 01 July 2010 with total hardcover pages 41. You could read this book directly on your devices with pdf, epub and kindle format, check detail and related The Cross Country Incidence of the Global Crisis books below.

The Cross Country Incidence of the Global Crisis
Author : Mr.Gian Milesi-Ferretti
File Size : 48,9 Mb
Publisher : International Monetary Fund
Language : English
Release Date : 01 July 2010
ISBN : 9781455201822
Pages : 41 pages
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The Cross Country Incidence of the Global Crisis by Mr.Gian Milesi-Ferretti Book PDF Summary

We examine whether the cross-country incidence and severity of the 2008-2009 global recession is systematically related to pre-crisis macroeconomic and financial factors. We find that the pre-crisis level of development, increases in the ratio of private credit to GDP, current account deficits, and openness to trade are helpful in understanding the intensity of the crisis. International risk sharing did little to shield domestic demand from the country-specific component of output declines, while those countries with large pre-crisis current account deficits saw domestic demand fall by much more than domestic output during the crisis.

The Cross Country Incidence of the Global Crisis

We examine whether the cross-country incidence and severity of the 2008-2009 global recession is systematically related to pre-crisis macroeconomic and financial factors. We find that the pre-crisis level of development, increases in the ratio of private credit to GDP, current account deficits, and openness to trade are helpful in understanding

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