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...
| Autor principal: | |
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| Outros Autores: | , , |
| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2013.
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| coleção: | IMF Working Papers; Working Paper ;
No. 2013/193 |
| Acesso em linha: | Full text available on IMF |