High Real Interest Rates Under Financial Liberalization : Is there a Problem? /

Concerns were raised beginning in the 1980s about the possible detrimental effects of high positive real interest rates under financial liberalization. Using a sample of 28 countries that underwent financial liberalization since the 1970s, the paper examines the evidence about the emergence of high...

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Библиографические подробности
Главный автор: Galbis, Vicente
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 1993.
Серии:IMF Working Papers; Working Paper ; No. 1993/007
Online-ссылка:Full text available on IMF