Consequences of Asset Shortages in Emerging Markets /

We assess econometrically the impact of asset shortages on economic growth, asset bubbles, the probability of a crisis, and the current account for a group of 41 Emerging markets for 1995-2008. The econometric estimations confirm that asset shortages pose a serious danger to EMs in terms of reducing...

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Bibliographic Details
Main Author: Imam, Patrick
Other Authors: Chen, Jiaqian
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/102
Online Access:Full text available on IMF