Capital flows and economic fluctuations : the role of commercial banks in transmitting shocks /

This paper uses a general equilibrium model to examine the central role played by commercial banks in intermediating and amplifying the capital flow shocks to the local economy in the 1997 Asia financial crisis. It finds that a sudden stop of capital inflows affects the equilibrium credit supply thr...

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Bibliographic Details
Main Author: Zhou, Yong Sarah (Author)
Corporate Authors: IMF Institute, International Monetary Fund
Format: Book
Language:English
Published: Washington, D.C. : International Monetary Fund, IMF Institute, c2008
Washington, D.C. : International Monetary Fund, ©2008
Washington, D.C. : 2008
Series:IMF Working Papers; Working Paper ; No. 2008/012
IMF eLibrary
IMF working paper ; WP/08/12
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Massachusetts Institute of Technology

Holdings details from Massachusetts Institute of Technology
Call Number: HG3810.I45 no.WP/08/12