INVESTIGADORES
FIORITI Andres
artículos
Título:
Quantifying worldwide economic distress
Autor/es:
FERNANDO ANDRÉS DELBIANCO; ANDRÉS FIORITI; FERNANDO ABEL TOHMÉ
Revista:
Regional Statistics
Editorial:
Hungarian Central Statistical Office
Referencias:
Año: 2019 vol. 9 p. 3 - 12
ISSN:
2063-9538
Resumen:
This paper proposes a new measure for worldwide economic distress, which can be described as the proportion of the gross domestic product (GDP) affected by country level 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 economic performance.