Series: IMF Working Papers
Author(s): Udaibir Das , Plamen Yossifov , Richard Podpiera , and Dmitriy Rozhkov
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2005
Keywords: financial stress, financial policies, financial system, banking, foreign exchange, banking sector, General Financial Markets: Government Policy and Regulation,
In this paper, we develop multi-country indices of financial system stress and quality of financial policies and use them in regression analysis of the determinants of financial stress. We find that countries with...