Domestic Bank Regulation and Financial Crises : Theory and Empirical Evidence From East Asia /

A model of the domestic financial intermediation of foreign capital inflows based on agency costs is developed for studying financial crises in emerging markets. In equilibrium, the banking system becomes progressively more fragile under imperfect prudential regulation and public sector loan guarant...

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Bibliographic Details
Main Author: Kletzer, Kenneth
Other Authors: Dekle, Robert
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Working Papers; Working Paper ; No. 2001/063
Online Access:Full text available on IMF