The Leading eBooks Store Online 4,353,660 members ⚫ 1,442,818 ebooks

New to

Learn more

Global Market Conditions and Systemic Risk

Global Market Conditions and Systemic Risk by Brenda González-Hermosillo
Buy this eBook
US$ 9.00
(If any tax is payable it will be calculated and shown at checkout.)
This paper examines several key global market conditions, such as a proxy for market uncertainty and measures of interbank funding stress, to assess financial volatility and the likelihood of crisis. Using Markov regime-switching techniques, it shows that the Lehman Brothers failure was a watershed event in the crisis, although signs of heightened systemic risk could be detected as early as February 2007. In addition, we analyze the role of global market conditions to help determine when governments should begin to exit their extraordinary public support measures.
International Monetary Fund; October 2009
22 pages; ISBN 9781452786384
Read online, or download in secure EPUB or secure PDF format
Title: Global Market Conditions and Systemic Risk
Author: Brenda González-Hermosillo; Heiko Hesse