Spillovers to Emerging Equity Markets: An Econometric Assessment
IMF Working Papers, May 1, 2009
Source details
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- Spillovers to Emerging Equity Markets: An Econometric Assessment
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Bibliographic details
- Authors: Tao Sun, L. Effie Psalida
- Published: May 1, 2009
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781451872583.001
Summary findings
- Emerging market equity prices are influenced by growing global factors.
- Global factors constitute a significant channel for spillovers when the international economic environment changes.
- Strengthening their resilience to equity price declines remains an important goal for emerging market economies.
Research scope and subjects
- Subject areas: Emerging and frontier financial markets; Financial institutions; Financial markets; Financial regulation and supervision; Market capitalization; Market risk; Stock markets; Stocks
- Keywords (as listed): Earnings ratio, EM country, EM economy, EM equity market price, Emerging and frontier financial markets, emerging market, Emerging markets, equity market, equity market price, equity market valuation, equity markets, equity price, equity price response, Global, index price appreciation, Market capitalization, Market risk, market risk premium, Middle East, price, price-earning ratio, spillovers, Stock markets, Stocks, WP
Key implication for policy
- Policy recommendation emphasized in the paper: strengthen resilience of emerging market economies to equity price declines.
Source: IMF Working Papers — “Spillovers to Emerging Equity Markets: An Econometric Assessment”, Tao Sun and L. Effie Psalida, May 1, 2009.
Content in this bundle
- Spillovers to Emerging Equity Markets:An Econometric Assessment