Exchange-Rate-Based Stabilization : A Model of Financial Fragility /
Interactions between banks and open capital account are investigated as rationalizations for empirical regularities characterizing disinflation programs anchored by the exchange rate. The financial system is characterized by bank dominance and lending externality - banks do not internalize the effec...
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| פורמט: | כתב-עת |
| שפה: | English |
| יצא לאור: |
Washington, D.C. :
International Monetary Fund,
2000.
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| סדרה: | IMF Working Papers; Working Paper ;
No. 2000/122 |
| גישה מקוונת: | Full text available on IMF |