Emerging Markets Crisis : An Asset Markets Perspective /

The entire difference between a mild downturn and a devastating crisis is the occurrence of sharp fire sales of domestic assets and possibly foreign exchange and the ensuing collapse in the balance sheets of both the financial and nonfinancial sector. Why and how do such crises materialize? And why...

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Hlavní autor: Krishnamurthy, Arvind
Další autoři: Caballero, Ricardo
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1999.
Edice:IMF Working Papers; Working Paper ; No. 1999/129
On-line přístup:Full text available on IMF