Sudden Stops, Output Drops, and Credit Collapses /

This paper proposes a tractable Sudden Stop model to explain the main patterns in firm level data in a sample of Southeast Asian firms during the Asian crisis. The model, which features trend shocks and financial frictions, is able to generate the main patterns observed in the sample during and foll...

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Podrobná bibliografie
Hlavní autor: Dagher, Jihad
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2010.
Edice:IMF Working Papers; Working Paper ; No. 2010/176
On-line přístup:Full text available on IMF