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...
| Tác giả chính: | |
|---|---|
| Định dạng: | Tạp chí |
| Ngôn ngữ: | English |
| Được phát hành: |
Washington, D.C. :
International Monetary Fund,
2008.
|
| Loạt: | IMF Working Papers; Working Paper ;
No. 2008/012 |
| Truy cập trực tuyến: | Full text available on IMF |