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...
المؤلف الرئيسي: | |
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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 |