It takes the average reader and 24 minutes to read The Transmission of External Shocks in Asia: Country Characteristics and Policy Responses by Mr.Pragyan Deb
Assuming a reading speed of 250 words per minute. Learn more
Asian economies are increasingly integrated to the global economy through trade and financial linkages, exposing them to the international financial cycle. This paper explores how external shocks are transmitted to Asian economies and whether the use of policies, such as the monetary policy interest rate, foreign exchange intervention (FXI) and macroprudential measures (MPMs), can mitigate the impact of these external shocks. It uses panel quantile regressions on a sample of 14 Asian advanced and emerging economies (AEs and EMs) to assess the impact of financial and real shocks on investment and GDP growth at the median and 5th percentile tail. It finds that external financial shocks tend to have a larger effect on Asian economies than real shocks, and that the main transmission channels through which shocks are propagated are capital flows (particularly via corporate and bank balance sheets) for EMs, and credit for AEs. It also finds evidence that for Asian EMs, FXI may help dampen the capital flows and real exchange rate channels and mitigate financial shocks in the short run, and monetary policy transmission tends to be relatively weak; meanwhile MPMs can help mitigate the credit channel for both AEs and EMs.
The Transmission of External Shocks in Asia: Country Characteristics and Policy Responses by Mr.Pragyan Deb is 24 pages long, and a total of 6,096 words.
This makes it 8% the length of the average book. It also has 7% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 33 minutes to read The Transmission of External Shocks in Asia: Country Characteristics and Policy Responses aloud.
The Transmission of External Shocks in Asia: Country Characteristics and Policy Responses is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
The Transmission of External Shocks in Asia: Country Characteristics and Policy Responses by Mr.Pragyan Deb is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
To buy The Transmission of External Shocks in Asia: Country Characteristics and Policy Responses by Mr.Pragyan Deb on Amazon click the button below.
Buy The Transmission of External Shocks in Asia: Country Characteristics and Policy Responses on Amazon