Procyclical Behavior of Institutional Investors During the Recent Financial Crisis : Causes, Impacts, and Challenges /

This paper (i) provides evidence on the procyclical investment behavior of major institutional investors during the global financial crisis; (ii) identifies the main factors that could account for such behavior; (iii) discusses the implications of procyclical behavior; and (iv) proposes a framework...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Papaioannou, Michael
Rannpháirtithe: Hoorn, Han, Park, Joonkyu, Pihlman, Jukka
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2013.
Sraith:IMF Working Papers; Working Paper ; No. 2013/193
Rochtain ar líne:Full text available on IMF