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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Detalles Bibliográficos
Autor principal: Krishnamurthy, Arvind
Otros Autores: Caballero, Ricardo
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 1999.
Colección:IMF Working Papers; Working Paper ; No. 1999/129
Acceso en línea:Full text available on IMF