02031cas a2200277 a 4500 AALejournalIMF022711 230101c9999 xx r poo 0 0eng d 20.00 USD 9781484325506 1018-5941 BD-DhAAL BD-DhAAL Brandao Marques, Luis. How Financial Conditions Matter Differently across Latin America / Luis Brandao Marques, Esther Perez Ruiz. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (27 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper develops comparable financial conditions indices (FCIs) for the six large and most financially-integrated Latin American economies (LA6) by following Korobilis (2013) and Koop and Korobilis (2014). The main findings are as follows. First, the estimated FCIs are influenced by a commodity cycle, a global financial cycle, as well as country-specific episodes of financial distress. Second, by early 2017, financial conditions remained favorable in most LA6 economies relative to historical standards. Third, the impact of financial shocks on economic activity widely varies across LA6 and is otherwise found to be stronger in periods of financial stress. Fourth, exposure to regional financial spillovers also differs across LA6. Mode of access: Internet Argentina imf Perez Ruiz, Esther. IMF Working Papers; Working Paper ; No. 2017/218 Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1018-5941&volume=2017&issue=218 IMF e-Library Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=2616-5333&volume=2022&issue=011 IMF e-Library