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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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2012.
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Series: | IMF Working Papers; Working Paper ;
No. 2012/102 |
Online Access: | Full text available on IMF |