INVESTIGADORES
DELBIANCO Fernando AndrÉs
artículos
Título:
Quantifying worldwide economic distress
Autor/es:
DELBIANCO, FERNANDO ; TOHMÉ, FERNANDO; FIORITI, ANDRÉS
Revista:
Regional Statistics
Editorial:
Hungarian Central Statistical Office
Referencias:
Año: 2019 vol. 9 p. 3 - 12
ISSN:
2064-8243
Resumen:
This paper proposes a new measure for worldwide economic distress, which can bedescribed as the proportion of the gross domestic product (GDP) affected by countrylevel financial crises. It proves that this measure has the desirable properties of fair and representative indices. It also adequately justifies the beliefs of some economists that financial crises have negative effects on economicperformance.