{"id":"https://openalex.org/W2956071035","doi":"https://doi.org/10.5089/9781451872804.001","title":"The Transmission of Financial Stress from Advanced to Emerging Economies","display_name":"The Transmission of Financial Stress from Advanced to Emerging Economies","publication_year":2009,"publication_date":"2009-06-01","ids":{"openalex":"https://openalex.org/W2956071035","doi":"https://doi.org/10.5089/9781451872804.001","mag":"2956071035"},"language":"en","primary_location":{"id":"doi:10.5089/9781451872804.001","doi":"https://doi.org/10.5089/9781451872804.001","is_oa":true,"landing_page_url":"https://doi.org/10.5089/9781451872804.001","pdf_url":"https://www.elibrary.imf.org/downloadpdf/journals/001/2009/133/001.2009.issue-133-en.xml","source":{"id":"https://openalex.org/S4210171147","display_name":"IMF Working Paper","issn_l":"1018-5941","issn":["1018-5941","2227-8885"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4310316166","host_organization_name":"International Monetary Fund","host_organization_lineage":["https://openalex.org/P4310316166","https://openalex.org/P4310321776"],"host_organization_lineage_names":["International Monetary Fund","United Nations"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IMF Working Papers","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"bronze","oa_url":"https://www.elibrary.imf.org/downloadpdf/journals/001/2009/133/001.2009.issue-133-en.xml","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5018535394","display_name":"Stephan Danninger","orcid":"https://orcid.org/0000-0001-9149-2618","observed_orcids":["https://orcid.org/0000-0001-9149-2618"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Stephan Danninger","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0001-9149-2618","affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5044552612","display_name":"Irina Tytell","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Irina Tytell","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5018735141","display_name":"Ravi Balakrishnan","orcid":"https://orcid.org/0000-0002-5666-7563","observed_orcids":["https://orcid.org/0000-0002-5666-7563"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Ravi Balakrishnan","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5084130673","display_name":"Selim Ali Elekdag","orcid":"https://orcid.org/0000-0002-1234-4463","observed_orcids":["https://orcid.org/0000-0002-1234-4463"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Selim Elekdag","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0002-1234-4463","affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":15.2181,"has_fulltext":true,"cited_by_count":115,"citation_normalized_percentile":{"value":0.98681477,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":95,"max":99},"biblio":{"volume":"2009","issue":"133","first_page":"1","last_page":"1"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.9980000257492065,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.9980000257492065,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.000699999975040555,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10282","display_name":"Financial Risk and Volatility Modeling","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/financial-stress","display_name":"financial stress","score":0.8209999799728394},{"id":"https://openalex.org/keywords/emerging-markets","display_name":"emerging markets","score":0.7749999761581421},{"id":"https://openalex.org/keywords/developed-countries","display_name":"developed countries","score":0.8920000195503235},{"id":"https://openalex.org/keywords/financial-stress-index","display_name":"financial stress index","score":0.843999981880188},{"id":"https://openalex.org/keywords/financial-crises","display_name":"financial crisis","score":0.7710000276565552},{"id":"https://openalex.org/keywords/financial-linkages","display_name":"financial linkages","score":0.7450000047683716},{"id":"https://openalex.org/keywords/current-account","display_name":"current account","score":0.8700000047683716},{"id":"https://openalex.org/keywords/fiscal-balance","display_name":"budget balance","score":0.9980000257492065},{"id":"https://openalex.org/keywords/financial-stability","display_name":"financial stability","score":0.921999990940094},{"id":"https://openalex.org/keywords/foreign-capital-inflows","display_name":"foreign capital inflows","score":0.9570000171661377},{"id":"https://openalex.org/keywords/asian-financial-crisis","display_name":"Asian financial crisis","score":0.8190000057220459}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5483669638633728},{"id":"https://openalex.org/C761482","wikidata":"https://www.wikidata.org/wiki/Q118093","display_name":"Transmission (telecommunications)","level":2,"score":0.5451397895812988},{"id":"https://openalex.org/C121087249","wikidata":"https://www.wikidata.org/wiki/Q546395","display_name":"Emerging markets","level":2,"score":0.5210382342338562},{"id":"https://openalex.org/C21036866","wikidata":"https://www.wikidata.org/wiki/Q181767","display_name":"Stress (linguistics)","level":2,"score":0.4845651686191559},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.44460222125053406},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3399480879306793},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3262173533439636},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.09435635805130005},{"id":"https://openalex.org/C76155785","wikidata":"https://www.wikidata.org/wiki/Q418","display_name":"Telecommunications","level":1,"score":0.06893834471702576},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.5089/9781451872804.001","doi":"https://doi.org/10.5089/9781451872804.001","is_oa":true,"landing_page_url":"https://doi.org/10.5089/9781451872804.001","pdf_url":"https://www.elibrary.imf.org/downloadpdf/journals/001/2009/133/001.2009.issue-133-en.xml","source":{"id":"https://openalex.org/S4210171147","display_name":"IMF Working Paper","issn_l":"1018-5941","issn":["1018-5941","2227-8885"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4310316166","host_organization_name":"International Monetary Fund","host_organization_lineage":["https://openalex.org/P4310316166","https://openalex.org/P4310321776"],"host_organization_lineage_names":["International Monetary Fund","United Nations"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IMF Working Papers","raw_type":"journal-article"},{"id":"mag:3124904769","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/paper/imfimfwpa/09_2f133.htm","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"pmh:oai:RePEc:imf:imfwpa:2009/133","doi":null,"is_oa":false,"landing_page_url":"http://www.imf.org/external/pubs/cat/longres.aspx?sk=23039","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:aleph.bib-bvb.de:BVB01-033728635","doi":null,"is_oa":false,"landing_page_url":"http://elibrary.imf.org/view/IMF001/10241-9781451872804/10241-9781451872804/10241-9781451872804.xml","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"text"}],"best_oa_location":{"id":"doi:10.5089/9781451872804.001","doi":"https://doi.org/10.5089/9781451872804.001","is_oa":true,"landing_page_url":"https://doi.org/10.5089/9781451872804.001","pdf_url":"https://www.elibrary.imf.org/downloadpdf/journals/001/2009/133/001.2009.issue-133-en.xml","source":{"id":"https://openalex.org/S4210171147","display_name":"IMF Working Paper","issn_l":"1018-5941","issn":["1018-5941","2227-8885"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4310316166","host_organization_name":"International Monetary Fund","host_organization_lineage":["https://openalex.org/P4310316166","https://openalex.org/P4310321776"],"host_organization_lineage_names":["International Monetary Fund","United Nations"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IMF Working Papers","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2956071035.pdf","grobid_xml":"https://content.openalex.org/works/W2956071035.grobid-xml"},"referenced_works_count":46,"referenced_works":["https://openalex.org/W1553652602","https://openalex.org/W1579544842","https://openalex.org/W1599177954","https://openalex.org/W1629693186","https://openalex.org/W1685139418","https://openalex.org/W1926025273","https://openalex.org/W1967511091","https://openalex.org/W2016839669","https://openalex.org/W2022943116","https://openalex.org/W2042963370","https://openalex.org/W2074856252","https://openalex.org/W2079861595","https://openalex.org/W2086062741","https://openalex.org/W2088135919","https://openalex.org/W2098929430","https://openalex.org/W2106275394","https://openalex.org/W2112559425","https://openalex.org/W2113929764","https://openalex.org/W2120093736","https://openalex.org/W2122012758","https://openalex.org/W2124318041","https://openalex.org/W2147538460","https://openalex.org/W2153347235","https://openalex.org/W2170041930","https://openalex.org/W2953400942","https://openalex.org/W2953881352","https://openalex.org/W2954108075","https://openalex.org/W2954363246","https://openalex.org/W2954825503","https://openalex.org/W3021786867","https://openalex.org/W3121732551","https://openalex.org/W3121760476","https://openalex.org/W3121908332","https://openalex.org/W3122722125","https://openalex.org/W3122838917","https://openalex.org/W3123099241","https://openalex.org/W3123462654","https://openalex.org/W3123534221","https://openalex.org/W3123610639","https://openalex.org/W3123675599","https://openalex.org/W3125334341","https://openalex.org/W3125665983","https://openalex.org/W3125935272","https://openalex.org/W4256569773","https://openalex.org/W4298160191","https://openalex.org/W6675360135"],"related_works":["https://openalex.org/W6912152547","https://openalex.org/W7101111311","https://openalex.org/W3203607356","https://openalex.org/W3123318312","https://openalex.org/W3009681303","https://openalex.org/W2285151806","https://openalex.org/W4398167230","https://openalex.org/W2025435051","https://openalex.org/W7111165090","https://openalex.org/W2499397941"],"abstract_inverted_index":{"This":[0],"paper":[1,109],"studies":[2],"how":[3],"financial":[4,16,25,34,43,65,71,93,101,128,150,157],"stress":[5,17,26,66,72,94,129,158],"is":[6,27,95],"transmitted":[7],"from":[8,124],"advanced":[9,46,68,104,131],"to":[10,37,53,97,120],"emerging":[11,20,54,74,106,122,145],"economies,":[12],"using":[13],"a":[14,30],"new":[15],"index":[18],"for":[19],"economies.":[21,55,107,132],"An":[22],"episode":[23],"of":[24,90,92,100,127,144],"defined":[28],"as":[29],"period":[31],"when":[32],"the":[33,61,80,98,125,138,141],"system's":[35],"ability":[36],"intermediate":[38],"may":[39,135],"be":[40],"impaired.":[41],"Previous":[42],"crises":[44],"in":[45,64,67,130],"economies":[47,69,75,123,146],"passed":[48],"through":[49],"strongly":[50],"and":[51,105,115,147,152],"rapidly":[52],"In":[56],"line":[57],"with":[58,84],"this":[59],"pattern,":[60],"unprecedented":[62],"spike":[63],"elevated":[70],"across":[73],"above":[76],"levels":[77],"seen":[78],"during":[79],"Asian":[81],"crisis,":[82],"but":[83],"significant":[85],"cross-country":[86],"variation.":[87],"The":[88,108],"extent":[89],"pass-through":[91],"related":[96],"depth":[99],"linkages":[102],"between":[103],"finds":[110],"that":[111],"higher":[112],"current":[113],"account":[114],"fiscal":[116],"balances":[117],"do":[118],"little":[119],"insulate":[121],"transmission":[126],"However,":[133],"they":[134],"help":[136,148],"dampen":[137],"impact":[139],"on":[140],"real":[142],"sector":[143],"reestablish":[149],"stability":[151],"foreign":[153],"capital":[154],"inflows":[155],"once":[156],"subsides.":[159]},"counts_by_year":[{"year":2026,"cited_by_count":3},{"year":2025,"cited_by_count":6},{"year":2024,"cited_by_count":14},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":8},{"year":2021,"cited_by_count":5},{"year":2020,"cited_by_count":5},{"year":2019,"cited_by_count":5},{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":6},{"year":2016,"cited_by_count":6},{"year":2015,"cited_by_count":12},{"year":2014,"cited_by_count":7},{"year":2013,"cited_by_count":5},{"year":2012,"cited_by_count":12}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2019-07-12T00:00:00"}