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Index of Exchange Market Pressure (EMP): Specifics of Emerging Markets

Author

Listed:
  • Fedorova, Ye.

    (The All-Russian Distance Institute of Finance and Economics, Moscow, Russia)

  • Lukasevich, I.

    (The All-Russian Distance Institute of Finance and Economics, Moscow, Russia)

Abstract

This article discusses the methodological approaches to the definition of the index of exchange market pressure, considers its application. EMP is calculated for 49 developed and emerging countries, particularly for the analysis of integration processes between the economies. The results can be recommended to develop the anti-crisis economic policy.

Suggested Citation

  • Fedorova, Ye. & Lukasevich, I., 2012. "Index of Exchange Market Pressure (EMP): Specifics of Emerging Markets," Journal of the New Economic Association, New Economic Association, vol. 14(2), pages 51-66.
  • Handle: RePEc:nea:journl:y:2012:i:14:p:51-66
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    References listed on IDEAS

    as
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    Cited by:

    1. Fedorova, E. & Afanasev, D., 2014. "Comprehensive Crisis Indicator for Russia," Journal of the New Economic Association, New Economic Association, vol. 23(3), pages 38-59.

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    More about this item

    Keywords

    anti-crisis policy; index of exchange market pressure; developing countries; Russian financial market;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

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