External Finance, Sudden Stops, and Financial Crisis : What is Different This Time? /

This paper develops a two-country DSGE model to investigate the transmission of a global financial crisis to a small open economy. We find that economies hit by a sudden stop arising from financial distress in the global economy are likely to face a more prolonged crisis than sudden stop episodes of...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Ozkan, F. Gulcin
مؤلفون آخرون: Unsal, Filiz
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2010.
سلاسل:IMF Working Papers; Working Paper ; No. 2010/158
الوصول للمادة أونلاين:Full text available on IMF