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...

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Tác giả chính: Podpiera, Jiri
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2011.
Loạt:IMF Working Papers; Working Paper ; No. 2011/285
Truy cập trực tuyến:Full text available on IMF