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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Rochon, Celine
अन्य लेखक: Feltenstein, Andrew
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2006.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2006/263
ऑनलाइन पहुंच:Full text available on IMF