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[null,"1.","Record Nr.",null,"UNINA9910960079903321"]
[null,null,"Autore",null,"Mecagni Mauro"]
[null,null,"Titolo",null,"The Persistence of Capital Account Crises / / Mauro Mecagni, Ruben Atoyan, David Hofman"]
[null,null,"Pubbl/distr/stampa",null,"Washington, D.C. : , : International Monetary Fund, , 2009"]
[null,null,"ISBN",null,"9786612843181"]
[{"$nulls":4},"9781462393107"]
[{"$nulls":4},"1462393101"]
[{"$nulls":4},"9781452713748"]
[{"$nulls":4},"145271374X"]
[{"$nulls":4},"9781451872507"]
[{"$nulls":4},"145187250X"]
[{"$nulls":4},"9781282843189"]
[{"$nulls":4},"1282843184"]
[null,null,"Edizione",null,"[1st ed.]"]
[null,null,"Descrizione fisica",null,"1 online resource (29 p.)"]
[null,null,"Collana",null,"IMF Working Papers"]
[null,null,"Disciplina",null,"332.152"]
[null,null,"Soggetti",null,"Capital movements"]
[{"$nulls":4},"Financial crises"]
[{"$nulls":4},"Balance of payments"]
[{"$nulls":4},"Banks and Banking"]
[{"$nulls":4},"Capital account crisis"]
[{"$nulls":4},"Currency"]
[{"$nulls":4},"Current Account Adjustment"]
[{"$nulls":4},"Debts, External"]
[{"$nulls":4},"Duration Analysis"]
[{"$nulls":4},"Economic & financial crises & disasters"]
[{"$nulls":4},"Exchange rate arrangements"]
[{"$nulls":4},"Exports and Imports"]
[{"$nulls":4},"External debt"]
[{"$nulls":4},"Finance"]
[{"$nulls":4},"Financial Crises"]
[{"$nulls":4},"Financial Risk Management"]
[{"$nulls":4},"Financial services"]
[{"$nulls":4},"Foreign Exchange"]
[{"$nulls":4},"Foreign exchange"]
[{"$nulls":4},"Index Numbers and Aggregation"]
[{"$nulls":4},"Interest rates"]
[{"$nulls":4},"Interest Rates: Determination, Term Structure, and Effects"]
[{"$nulls":4},"International economics"]
[{"$nulls":4},"International Lending and Debt Problems"]
[{"$nulls":4},"Leading indicators"]
[{"$nulls":4},"Real interest rates"]
[{"$nulls":4},"Short-term Capital Movements"]
[{"$nulls":4},"Turkey"]
[null,null,"Lingua di pubblicazione",null,"Inglese"]
[null,null,"Formato",null,"Materiale a stampa"]
[null,null,null,"Livello bibliografico","Monografia"]
[null,null,null,"Note generali","Description based upon print version of record."]
[null,null,null,"Nota di bibliografia","Includes bibliographical references."]
[null,null,"Nota di contenuto",null,"Contents; I. Introduction; II. Conceptual Framework and Methodology; A. Crisis Persistence, Complexity, and Macroeconomic Effects; Figures; 1. Average Duration and Crisis Complexity; Tables; 1. Duration and Nature of Crises; 2. Crisis Complexity, Duration, and Macroeconomic Costs; B. Determinants of the Duration of Crises; 3. Post-Crisis Vulnerabilities; C. Econometric Methodology; III. Persistence of Capital Account Crises; A. Estimation Results and Robustness Tests; 2. Estimation Results for the Capital Account Crises Duration Model; Boxes; 1. Some Further Diagnostic Results"]
[{"$nulls":4},"B. Counterfactual Experiments 3. Descriptive Statistics for the Model Variables; 4. Predicted Probabilities of Staying in Crisis under Different Scenarios; 5. Increase in Predicted Probability of Exit from Crisis under Various Scenarios; 6. Reduction in Predicted Crisis Duration under Various Scenarios; IV. Conclusions; Appendices; 1. Measuring the Duration of Capital Account Crises; 2. A Model for the Duration of Capital Account Crises; References"]
[null,null,null,"Sommario/riassunto","This study contributes to the literature on capital account crises in two ways. First, our analysis of crisis episodes between 1994 and 2002 establishes a clear relationship between the persistence of crises, their complexity, and the intensity of movement of key macroeconomic variables. Second, we provide a systematic examination of the determinants of crisis duration. Our econometric analysis suggests that initial conditions and the external environment plays a key role in determining crisis persistence. The policy response also matters, but cannot offset a record of poor past policies. Overall, the results underscore the critical importance of crisis prevention efforts."]