LEADER 03889oam 22009734 450 001 9910788231203321 005 20170925035323.0 010 $a1-4623-2753-2 010 $a1-282-84177-7 010 $a1-4518-7084-1 010 $a9786612841774 010 $a1-4527-1578-5 035 $a(CKB)3170000000055098 035 $a(SSID)ssj0001473509 035 $a(PQKBManifestationID)11838901 035 $a(PQKBTitleCode)TC0001473509 035 $a(PQKBWorkID)11449722 035 $a(PQKB)11357142 035 $a(OCoLC)461340606 035 $a(NBER)w14049 035 $a(MiAaPQ)EBC1586698 035 $a(IMF)WPIEE2008226 035 $a(EXLCZ)993170000000055098 100 $a20020129d2008 uf 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt 182 $cc 183 $acr 200 13$aAn Anatomy of Credit Booms : $eEvidence From Macro Aggregates and Micro Data /$fMarco Terrones, Enrique Mendoza 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2008. 215 $a1 online resource (52 pages) $cillustrations (some color) 225 1 $aIMF Working Papers 225 0$aIMF working paper ;$vWP/08/226 300 $aBibliographic Level Mode of Issuance: Monograph 311 $a1-4519-1537-3 320 $aIncludes bibliographical references. 330 3 $aWe study the characteristics of credit booms in emerging and industrial economies. Macro data show a systematic relationship between credit booms and economic expansions, rising asset prices, real appreciations and widening external deficits. Micro data show a strong association between credit booms and leverage ratios, firm values, and banking fragility. We also find that credit booms are larger in emerging economies, particularly in the nontradables sector; most emerging markets crises are associated with credit booms; and credit booms in emerging economies are often preceded by large capital inflows but not by financial reforms or productivity gains. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2008/226 606 $aCredit$xEconometric models 606 $aBusiness cycles$xEconometric models 606 $aExports and Imports$2imf 606 $aFinancial Risk Management$2imf 606 $aMoney and Monetary Policy$2imf 606 $aMonetary Policy, Central Banking, and the Supply of Money and Credit: General$2imf 606 $aInternational Investment$2imf 606 $aLong-term Capital Movements$2imf 606 $aFinancial Crises$2imf 606 $aMonetary economics$2imf 606 $aInternational economics$2imf 606 $aEconomic & financial crises & disasters$2imf 606 $aCredit booms$2imf 606 $aCredit$2imf 606 $aSudden stops$2imf 606 $aFinancial crises$2imf 606 $aCapital inflows$2imf 606 $aCapital movements$2imf 607 $aChile$2imf 615 0$aCredit$xEconometric models. 615 0$aBusiness cycles$xEconometric models. 615 7$aExports and Imports 615 7$aFinancial Risk Management 615 7$aMoney and Monetary Policy 615 7$aMonetary Policy, Central Banking, and the Supply of Money and Credit: General 615 7$aInternational Investment 615 7$aLong-term Capital Movements 615 7$aFinancial Crises 615 7$aMonetary economics 615 7$aInternational economics 615 7$aEconomic & financial crises & disasters 615 7$aCredit booms 615 7$aCredit 615 7$aSudden stops 615 7$aFinancial crises 615 7$aCapital inflows 615 7$aCapital movements 676 $a332.7 700 $aTerrones$b Marco$01084776 701 $aMendoza$b Enrique$0119545 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788231203321 996 $aAn Anatomy of Credit Booms$93704141 997 $aUNINA