arbiter
JournalsPricingAccount

Implication of global financial cycle on emerging market economies: Evidence from India

Vrinda Gupta & Amlendu Dubey

IIMB Management Review2025https://doi.org/10.1016/j.iimb.2025.100575article
ABDC C
Weight
0.37

What the paper says

In this paper, we examine how the global financial cycle is translated into domestic financial cycle across different financial assets comprising equity prices, credit, and leverage for India. Using quarterly data from 1990 to 2021, we find that ‘risk-taking channel’ transfers global financial cycle into domestic economy which manifests itself through equity prices, credit, and leverage; however, Indian housing cycle seems resilient to the global housing cycle. In this context, macroprudential policies might be employed to limit the risk-taking channel and hence reduce palpability of domestic economy to the global financial cycle.

1 citation

Open paper page →

Cite this paper

https://doi.org/https://doi.org/10.1016/j.iimb.2025.100575

Or copy a formatted citation

@article{vrinda2025,
  title        = {{Implication of global financial cycle on emerging market economies: Evidence from India}},
  author       = {Vrinda Gupta & Amlendu Dubey},
  journal      = {IIMB Management Review},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1016/j.iimb.2025.100575},
}

Paste directly into BibTeX, Zotero, or your reference manager.

Flag this paper

Implication of global financial cycle on emerging market economies: Evidence from India

Flags are reviewed by the Arbiter methodology team within 5 business days.

Evidence weight

0.37

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.16 × 0.4 = 0.06
M · momentum0.53 × 0.15 = 0.08
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.