Emerging Markets Crisis : An Asset Markets Perspective /

The entire difference between a mild downturn and a devastating crisis is the occurrence of sharp fire sales of domestic assets and possibly foreign exchange and the ensuing collapse in the balance sheets of both the financial and nonfinancial sector. Why and how do such crises materialize? And why...

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Bibliographic Details
Main Authors: Krishnamurthy, Arvind (Computer scientist), Krishnamurthy, Arvind
Other Authors: Caballero, Ricardo J, Caballero, Ricardo
Format: Book
Language:English
Published: Washington, D.C. : International Monetary Fund, 1999
Series:IMF Working Papers ; Working Paper No. 99/129
IMF Working Papers; Working Paper ; No. 1999/129
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