Capital Flows and Economic Fluctuations : The Role of Commercial Banks in Transmitting Shocks /
This paper uses a general equilibrium model to examine the central role played by commercial banks in intermediating and amplifying the capital flow shocks to the local economy in the 1997 Asia financial crisis. It finds that a sudden stop of capital inflows affects the equilibrium credit supply thr...
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| פורמט: | כתב-עת |
| שפה: | English |
| יצא לאור: |
Washington, D.C. :
International Monetary Fund,
2008.
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| סדרה: | IMF Working Papers; Working Paper ;
No. 2008/012 |
| גישה מקוונת: | Full text available on IMF |