Using Credit Subsidies to Counteract a Credit Bust : Evidence From Serbia /

Emerging markets are particularly vulnerable to boom-bust credit cycles, due to excessive capital flows, shallow equity markets, and companies' high leverage and open FX positions. While the policy debate on how to respond to boom-bust credit cycles remains unsettled, it has been conjectured th...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Podpiera, Jiri
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2011.
سلاسل:IMF Working Papers; Working Paper ; No. 2011/285
الوصول للمادة أونلاين:Full text available on IMF