What Caused the Global Financial Crisis : Evidenceon the Drivers of Financial Imbalances 1999; 2007 /

This paper investigates empirically the drivers of financial imbalances ahead of the global financial crisis. Three factors may have contributed to the build-up of financial imbalances: (i) rising global imbalances (capital flows), (ii) monetary policy that might have been too loose, (iii) inadequat...

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Hlavní autor: Merrouche, Ouarda
Další autoři: Nier, Erlend
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2010.
Edice:IMF Working Papers; Working Paper ; No. 2010/265
On-line přístup:Full text available on IMF