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Autore: | Terrones Marco |
Titolo: | An Anatomy of Credit Booms : : Evidence From Macro Aggregates and Micro Data / / Marco Terrones, Enrique Mendoza |
Pubblicazione: | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica: | 1 online resource (52 pages) : illustrations (some color) |
Disciplina: | 332.7 |
Soggetto topico: | Credit - Econometric models |
Business cycles - Econometric models | |
Exports and Imports | |
Financial Risk Management | |
Money and Monetary Policy | |
Monetary Policy, Central Banking, and the Supply of Money and Credit: General | |
International Investment | |
Long-term Capital Movements | |
Financial Crises | |
Monetary economics | |
International economics | |
Economic & financial crises & disasters | |
Credit booms | |
Credit | |
Sudden stops | |
Financial crises | |
Capital inflows | |
Capital movements | |
Soggetto geografico: | Chile |
Altri autori: | MendozaEnrique |
Note generali: | Bibliographic Level Mode of Issuance: Monograph |
Nota di bibliografia: | Includes bibliographical references. |
Sommario/riassunto: | We 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. |
Titolo autorizzato: | An Anatomy of Credit Booms |
ISBN: | 1-4623-2753-2 |
1-282-84177-7 | |
1-4518-7084-1 | |
9786612841774 | |
1-4527-1578-5 | |
Formato: | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione: | Inglese |
Record Nr.: | 9910788231203321 |
Lo trovi qui: | Univ. Federico II |
Opac: | Controlla la disponibilità qui |