When in Peril, Retrench (Record no. 151718)
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000 -LEADER | |
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fixed length control field | 02427nam a22003974a 4500 |
001 - CONTROL NUMBER | |
control field | WPIEA1312004 |
003 - CONTROL NUMBER IDENTIFIER | |
control field | IMF |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20190405163344.0 |
006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS--GENERAL INFORMATION | |
fixed length control field | m o d |
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION | |
fixed length control field | cr cn||||||||| |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 020129s2004 dcu o i00 0 eng d |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
International Standard Book Number | 1451855311 : |
Terms of availability | 15.00 USD |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
Cancelled/invalid ISBN | 9781451855319 |
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER | |
International Standard Serial Number | 1018-5941 |
024 7# - OTHER STANDARD IDENTIFIER | |
Standard number or code | 10.5089/9781451855319.001 |
Source of number or code | doi |
035 ## - SYSTEM CONTROL NUMBER | |
System control number | (IMF)WPIEA1312004 |
040 ## - CATALOGING SOURCE | |
Original cataloging agency | DcWaIMF |
Language of cataloging | eng |
110 2# - MAIN ENTRY--CORPORATE NAME | |
Corporate name or jurisdiction name as entry element | International Monetary Fund. |
245 10 - TITLE STATEMENT | |
Title | When in Peril, Retrench |
Medium | [electronic resource] : |
Remainder of title | Testing the Portfolio Channel of Contagion. |
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
Place of publication, distribution, etc | Washington, D.C. : |
Name of publisher, distributor, etc | International Monetary Fund, |
Date of publication, distribution, etc | 2004. |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 1 online resource (34 p.) |
490 1# - SERIES STATEMENT | |
Series statement | IMF Working Papers; Working Paper ; |
Volume number/sequential designation | No. 04/131 |
520 3# - SUMMARY, ETC. | |
Summary, etc | One plausible mechanism through which financial market shocks may propagate across countries is through the effect of past gains and losses on investors' risk aversion. We first present a simple model on how heterogeneous changes in investors' risk aversion affect portfolio decisions and stock prices. Second, we empirically show that, when funds' returns are below average, they adjust their holdings toward the average (or benchmark) portfolio. In other words, they tend to sell the assets of countries in which they were "overweight," increasing their exposure to countries in which they were "underweight." Based on this insight, we construct a matrix of financial interdependence reflecting the extent to which countries share overexposed funds. This index can improve predictions about which countries are likely to be affected by contagion from crisis centers. |
588 ## - SOURCE OF DESCRIPTION NOTE | |
Source of description note | Description based on print version record. |
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Contagion |
Source of heading or term | imf |
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | International Finance: General |
Source of heading or term | imf |
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | International Investors |
Source of heading or term | imf |
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Investors |
Source of heading or term | imf |
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Mutual Funds |
Source of heading or term | imf |
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name as entry element | Portfolio Choice |
Source of heading or term | imf |
651 #7 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME | |
Geographic name | Brazil |
Source of heading or term | imf |
651 #7 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME | |
Geographic name | Thailand |
Source of heading or term | imf |
776 08 - ADDITIONAL PHYSICAL FORM ENTRY | |
Display text | Print Version: |
Title | When in Peril, Retrench : Testing the Portfolio Channel of Contagion |
Place, publisher, and date of publication | Washington, D.C. : International Monetary Fund, 2004. |
International Standard Book Number | 9781451855319 |
830 #0 - SERIES ADDED ENTRY--UNIFORM TITLE | |
Uniform title | IMF Working Papers; Working Paper ; |
Volume number/sequential designation | No. 04/131 |
856 40 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="http://elibrary.imf.org/view/IMF001/07914-9781451855319/07914-9781451855319/07914-9781451855319.xml">http://elibrary.imf.org/view/IMF001/07914-9781451855319/07914-9781451855319/07914-9781451855319.xml</a> |
Public note | IMF e-Library |
856 40 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="http://www.imfbookstore.org/IMFORG/9781451855319">http://www.imfbookstore.org/IMFORG/9781451855319</a> |
Public note | IMF Book Store |
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