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...

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Detaylı Bibliyografya
Yazar: Rochon, Celine
Diğer Yazarlar: Feltenstein, Andrew
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2006.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2006/263
Online Erişim:Full text available on IMF