|
|
|
|
| LEADER |
01789cas a2200265 a 4500 |
| 001 |
AALejournalIMF005805 |
| 008 |
230101c9999 xx r poo 0 0eng d |
| 020 |
|
|
|c 5.00 USD
|
| 020 |
|
|
|z 9781451872507
|
| 022 |
|
|
|a 1018-5941
|
| 040 |
|
|
|a BD-DhAAL
|c BD-DhAAL
|
| 100 |
1 |
|
|a Mecagni, Mauro.
|
| 245 |
1 |
4 |
|a The Persistence of Capital Account Crises /
|c Mauro Mecagni, Ruben Atoyan, David Hofman.
|
| 264 |
|
1 |
|a Washington, D.C. :
|b International Monetary Fund,
|c 2009.
|
| 300 |
|
|
|a 1 online resource (28 pages)
|
| 490 |
1 |
|
|a IMF Working Papers
|
| 500 |
|
|
|a <strong>Off-Campus Access:</strong> No User ID or Password Required
|
| 500 |
|
|
|a <strong>On-Campus Access:</strong> No User ID or Password Required
|
| 506 |
|
|
|a Electronic access restricted to authorized BRAC University faculty, staff and students
|
| 520 |
3 |
|
|a This study contributes to the literature on capital account crises in two ways. First, our analysis of crisis episodes between 1994 and 2002 establishes a clear relationship between the persistence of crises, their complexity, and the intensity of movement of key macroeconomic variables. Second, we provide a systematic examination of the determinants of crisis duration. Our econometric analysis suggests that initial conditions and the external environment plays a key role in determining crisis persistence. The policy response also matters, but cannot offset a record of poor past policies. Overall, the results underscore the critical importance of crisis prevention efforts.
|
| 538 |
|
|
|a Mode of access: Internet
|
| 700 |
1 |
|
|a Atoyan, Ruben.
|
| 700 |
1 |
|
|a Hofman, David.
|
| 830 |
|
0 |
|a IMF Working Papers; Working Paper ;
|v No. 2009/103
|
| 856 |
4 |
0 |
|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2009/103/001.2009.issue-103-en.xml
|z IMF e-Library
|