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How to Capture Macro-Financial Spillover Effects in Stress Tests?

Author/Editor: Heiko Hesse, Ferhan Salman, Christian Schmieder.

Release Date:June, 2014

One of the challenges of financial stability analysis and bank stress testing is how to establish scenarios with meaningful macro-financial linkages, i.e., taking into account spillover effects and more...



Price: $18.00
Fiscal Policy During Absorption Cycles

Author/Editor: Ferhan Salman, Gabriela Dobrescu.

Release Date:February, 2011

Domestic absorption cycles are relevant in assessment and design of fiscal policies. Our cross-country analysis covers 59 advanced and emerging countries for the 1990-2009 period. We show that more...



Price: $18.00
The Impact of the Great Recession on Emerging Markets

Author/Editor: Ferhan Salman, Mali Chivakul, Ricardo Llaudes.

Release Date:October, 2010

This paper examines the impact of the recent global crisis on emerging market economies (EMs). Our cross-country analysis shows that the impact of the crisis was more pronounced in those EMs that had more...



Price: $18.00