Financial stress and economic contractions

By Roberto Cardarelli, Selim Elekdag, S. Lall. 2011

436 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/c62f490f7af78800f3a3ee4b3fbd39e6ecd83163

How researchers see this paper

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

In Economics and Econometrics

1. Ricardo M. Sousa
2. Sushanta Mallick
3. Ş. Nazlıoğlu
4. Ugur Soytas
5. Rangan Gupta
6. Cyn‐Young Park
7. Rogerlio V. Jr. Mercado
8. Irina Tytell

In Finance

1. Ricardo M. Sousa
2. Sushanta Mallick
3. Cyn‐Young Park
4. Rogerlio V. Jr. Mercado
5. Irina Tytell
6. Ravin Balakrishnan
7. S. Danninger
8. Selim Elekdag

Citations in the corpus

• The Transmission of Financial Stress from Advanced to Emerging Economies (2009, methodology): “It builds on the methodologies used to construct a financial stress index for advanced economies (AE-FSI) proposed by Cardarelli et al. (2011).”
• Oil prices and financial stress: A volatility spillover analysis (2015, background): “Illing and Liu, 2006) or both on constructing and evaluating the link between financial stress and economic activity to examine how well FSI identifies known periods of financial distress (Cevik et al., 2013; Cardarelli et al., 2011; Chau and Deesomsak, 2014; Mallick and Sousa, 2013).”
• Determinants of Financial Stress in Emerging Market Economies (2014, positive): “To carry out the empirical analysis of this study, aggregate domestic FSI are constructed, drawing on the methodology used by Cardarelli et al. (2011) and Balakrishnan et al. (2011), for a sample of emerging market economies using variance-equal weights and principal component analysis as…”
• The real effects of financial stress in the Eurozone (2013, methodology): “As for the Financial Stress Index, it is computed using country-level data provided by the International Monetary Fund (IMF) and, in particular, following the work of Cardarelli et al. (2009). The sample covers the period 1980:1-2008:4 for which data are available at quarterly frequency.”
• A Macro Stress Test Model of Credit Risk for the Brazilian Banking Sector (2010, neutral): “See also Illing and Liu (2006), Blank et al. (2009), Rodriguez and Trucharte (2007), Castrén et al. (2010) and Cardarelli et al. (2011).”
• Dynamics of international spillovers and interaction: Evidence from financial market stress and economic policy uncertainty (2018, background): “(Balakrishnan et al., 2009; Cardarelli et al., 2011; Cevik et al., 2013).”