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...
| 主要作者: | |
|---|---|
| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2010.
|
| 丛编: | IMF Working Papers; Working Paper ;
No. 2010/267 |
| 在线阅读: | Full text available on IMF |