What Is the Effect of Financial Stress on Economic Activity

By Troy A. Davig, Craig S. Hakkio. 2010

142 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/a496851c529c949a0c96744a55eda5f4ff095870

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

1. Sushanta Mallick
2. Ricardo M. Sousa
3. Luca Agnello
4. Shawkat Hammoudeh
5. António Afonso
6. Vítor Castro
7. Duc Khuong Nguyen

Citations in the corpus

• Financial Stress and Economic Dynamics: The Transmission of Crises (2015, unknown): “Among the very few Markov switching models that pay attention to …nancial stress that we are aware of is Davig and Hakkio (2010) who, like us, employ an index of …nancial stress; however, their model is much simpler than ours and omits any consideration of monetary policy or price determination.”
• The real effects of financial stress in the Eurozone (2013, result): “In this context, our work corroborates the findings of Hakkio and Keeton (2009) and Davig and Hakkio (2010) for the US.”
• The Real Consequences of Financial Stress (2013, unknown): “i=1 ( AICi + 2ki(ki + 1) Ti − ki − 1 ) , (13)”