Series: IMF Working Papers
Author(s): Nicolas Arregui , Selim Elekdag , R. Gelos , Romain Lafarguette , and Dulani Seneviratne
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 24 January 2018
Keywords: Monetary policy, Financial conditions, international policy transmission, Financial Markets and the Macroeconomy, General, General, General
This paper examines the evolving importance of common global components underlying domestic financial conditions. It develops financial conditions indices (FCIs) that make it possible to compare a large set of adva...