Growth and Crisis, Unavoidable Connection? /

In emerging economies periods of rapid growth and large capital inflows can be followed by sudden stops and financial crises. I show that, in the presence of financial markets imperfections, a simple modification of a neoclassical growth model can account for these facts. I study a growth model for...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Piazza, Roberto
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2010.
سلاسل:IMF Working Papers; Working Paper ; No. 2010/267
الوصول للمادة أونلاين:Full text available on IMF