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...

Descrición completa

Detalles Bibliográficos
Autor Principal: Imam, Patrick
Outros autores: Chen, Jiaqian
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/102
Acceso en liña:Full text available on IMF