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...
Príomhchruthaitheoir: | |
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Rannpháirtithe: | |
Formáid: | IRIS |
Teanga: | English |
Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
2006.
|
Sraith: | IMF Working Papers; Working Paper ;
No. 2006/263 |
Rochtain ar líne: | Full text available on IMF |