Balance of payments and components - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T19:13:23+00:00Determinants of Financial Stress and Recovery during the Great Recession
https://www.bankofcanada.ca/2011/11/working-paper-2011-24/
In this paper, we explore the link between stress in the domestic financial sector and the capital flight faced by countries in the 2008-9 global crisis. Both the timing of emergence of internal financial stress in developing economies, and the size of the peak-trough declines in the stock price indices was comparable to that in high income countries, indicating that there was no decoupling, even before Lehman Brothers’ demise.2011-11-04T12:07:29+00:00enDeterminants of Financial Stress and Recovery during the Great Recession2011-11-04Balance of payments and componentsFinancial marketsInternational topicsWorking Paper 2011-24https://www.bankofcanada.ca/wp-content/uploads/2011/11/wp2011-24.pdfDeterminants of Financial Stress and Recovery during the Great RecessionJoshua AizenmanGurnain PasrichaOctober 2011FF3F32GG1G15