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...
| Hlavní autor: | |
|---|---|
| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
2011.
|
| Edice: | IMF Working Papers; Working Paper ;
No. 2011/285 |
| On-line přístup: | Full text available on IMF |