External Liabilities and Crises /

We examine the determinants of external crises, focusing on the role of foreign liabilities and their composition. Using a variety of statistical tools and comprehensive data spanning 1970-2011, we find that the ratio of net foreign liabilities (NFL) to GDP is a significant crisis predictor, and the...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Catao, Luis
अन्य लेखक: Milesi-Ferretti, Gian
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2013.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2013/113
ऑनलाइन पहुंच:Full text available on IMF