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...

詳細記述

書誌詳細
第一著者: Catao, Luis
その他の著者: Milesi-Ferretti, Gian
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2013.
シリーズ:IMF Working Papers; Working Paper ; No. 2013/113
オンライン・アクセス:Full text available on IMF