从金融状况指数看墨西哥的新冠肺炎经济危机

IF 0.5 4区经济学 Q4 ECONOMICS

Latin American Economic Review Pub Date : 2021-12-01 DOI:10.47872/laer.v30.41

J. Carrillo, Ana Laura García

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引用次数: 3

摘要

新冠肺炎大流行不仅造成严重影响经济活动的实际冲击，而且造成了广泛的不确定性，给金融市场带来了极端冲击。在本文中，我们从新兴市场经济的角度关注疫情的金融层面。因此，我们估计了墨西哥自1993年以来的金融状况指数，并发现该流行病造成的严重动荡是该国经历的四次最大的金融困境之一。此外，我们发现证据表明，实际变量对恶化金融状况的冲击的反应不同于对改善金融状况的冲击的反应。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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The COVID-19 Economic Crisis in Mexico through the Lens of a Financial Conditions Index

The COVID-19 pandemic not only generated real shocks affecting economic activity severely, but also a broad uncertainty that unleashed an extreme shock to financial markets. In this paper, we focus on the financial dimension of the pandemic from the viewpoint of an emerging market economy. Accordingly, we estimate a financial conditions index for Mexico since 1993 and find that the acute turmoil generated by the pandemic stands among the four largest episodes of financial distress experienced by the country. In addition, we find evidence suggesting that real variables have responded differently to shocks that worsen financial conditions than to shocks that improve them.

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来源期刊

Latin American Economic Review ECONOMICS-

CiteScore

0.70

自引率

0.00%

发文量

审稿时长

36 weeks

期刊介绍： Latin American Economic Review aims to be the leading general interest journal on topics relevant to Latin America. The journal welcomes high-quality theoretical and quantitative papers on economic, social and political-economy issues with a regional focus. Articles presenting new data bases or describing structural reforms within a rigorous theoretical framework will also be considered. A few (illustrative) examples of topics that may be of special interest to this journal include: inflation, informal sector, corruption, crime, drug policy, unions, social exclusion, price controls, energy and environmental policy, natural resources, and technology transfer.