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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Piazza, Roberto
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2010.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2010/267
ऑनलाइन पहुंच:Full text available on IMF