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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Piazza, Roberto
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2010.
Cyfres:IMF Working Papers; Working Paper ; No. 2010/267
Mynediad Ar-lein:Full text available on IMF