Can Good Events Lead to Bad Outcomes? : Endogenous Banking Crises and Fiscal Policy Responses /

In this paper, we study the impact of labor market restructuring and foreign direct investment on the banking sector, using a dynamic general equilibrium model with a financial sector. Numerical simulations are performed using stylized Chinese data, and banks failures are generated through increases...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Rochon, Celine
Awduron Eraill: Feltenstein, Andrew
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2006.
Cyfres:IMF Working Papers; Working Paper ; No. 2006/263
Mynediad Ar-lein:Full text available on IMF