## Figure 1.12. Investor Differentiation among Emerging Markets

## Source details

**Canonical URL:** [Figure 1.12. Investor Differentiation among Emerging Markets](https://www.imf.org/-/media/files/publications/gfsr/2018/oct/ch1/csv/figure1-12.csv)

## Other formats

- [Markdown version](/-/media/files/publications/gfsr/2018/oct/ch1/csv/figure1-12.csv.md)
- [Structured JSON version](/-/media/files/publications/gfsr/2018/oct/ch1/csv/figure1-12.csv.json)

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### 3. EM Currencies: Correlation between FX Returns, and Idiosyncratic Components of FX Returns
- Metric: (Median of pairwise correlations, percent)
- Column headings:
  - "FX returns"
  - "Idiosyncratic components of FX returns "
- Sample dated observations (exact values preserved):
  - 1/2/2013 — FX returns: 19.35; Idiosyncratic components of FX returns: -1.167
  - 1/3/2013 — FX returns: 19.337; Idiosyncratic components of FX returns: -1.167

### 4. EM Currency Volatility (Median and Dispersion)
- Metric: (Percentage points)
- Column headings:
  - "Median EM FX volatility"
  - "Dispersion in EM FX volatility"
- Reference dates and values (exact formatting preserved):
  - 1/2/2008 — Median EM FX volatility: 6.76; Dispersion in EM FX volatility: 14.448
  - 1/3/2008 — Median EM FX volatility: 6.73; Dispersion in EM FX volatility: 14.408

### 5. Emerging Market Currency Return Spillover Index
- Metric: (Percent)
- Column headings and percentiles:
  - "EM currency return spillover index"
  - "25th�75th percentile"
- Event labels present in dataset:
  - "Taper tantrum"
  - "China devaluation"
  - "EM sell-off"
  - "US Elections"
- Sample dated observations (exact values preserved):
  - 1/2/2013 — EM currency return spillover index: 73.66; 25th�75th percentile: 76.93, 61.06, 0, 0, 0, 0
  - 1/3/2013 — EM currency return spillover index: 73.47; 25th�75th percentile: 76.83, 61.13, 0, 0, 0, 0

### 6. Emerging Market Regional Equity Return Spillovers Indices
- Metric: (Percent)
- Regional headings:
  - "Europe, Middle East, and Africa"
  - "Asia"
  - "Latin America"
- Event columns repeated for regions:
  - "Taper tantrum"
  - "China devaluation"
  - "EM sell-off"
  - "US Elections"
- Sample dated observations (exact values preserved):
  - 1/2/2013 — Europe, Middle East, and Africa: 53.16; Asia: 41.44; Latin America: 33.54; event columns: 0, 0, 0, 0
  - 1/3/2013 — Europe, Middle East, and Africa: 53.05; Asia: 41.28; Latin America: 33.58; event columns: 0, 0, 0, 0

*Dataset worksheet: "csv"; rowCount: 2689; columnCount: 29.*

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_Source: https://www.imf.org/-/media/files/publications/gfsr/2018/oct/ch1/csv/figure1-12.csv_