The Cross-Country Incidence of the Global Crisis /

We examine whether the cross-country incidence and severity of the 2008-2009 global recession is systematically related to pre-crisis macroeconomic and financial factors. We find that the pre-crisis level of development, increases in the ratio of private credit to GDP, current account deficits, and...

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Autor principal: Milesi-Ferretti, Gian
Altres autors: Lane, Philip
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2010.
Col·lecció:IMF Working Papers; Working Paper ; No. 2010/171
Accés en línia:Full text available on IMF