Conventional and Insidious Macroeconomic Balance-Sheet Crises /

This paper describes the anatomy of two types of balance-sheet macroeconomic crises. Conventional balance-sheet crises are triggered by external imbalances and balance sheet vulnerabilities. They typically occur after capital inflows have led to a substantial build up of foreign currency exposure. I...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Bakker, Bas
Weitere Verfasser: Lipschitz, Leslie
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2014.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2014/160
Online Zugang:Full text available on IMF