Smoothing sudden stops

Emerging economies are exposed to severe and sudden shortages of international financial resources. Yet domestic agents seem not to undertake enough precautions against these sudden stops. Following our previous work, we highlight in this paper the central role played by limited domestic development...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριοι συγγραφείς: Caballero, Ricardo (Συγγραφέας), Krishnamurthy, Arvind (Συγγραφέας)
Μορφή: Βιβλίο
Γλώσσα:English
Σειρά:NBER working paper series no.8427
Θέματα:
Διαθέσιμο Online:Download full text here