Web"On the Empirics of Sudden Stops: The Relevance of Balance-Sheet Effects," NBER Working Papers 10520, National Bureau of Economic Research, Inc. Giavazzi, Francesco & Spaventa, Luigi, 2010. " Why the current account may matter in a monetary union: Lessons from the financial crisis in the Euro area ," CEPR Discussion Papers 8008, C.E.P.R. … WebDownloadable! Using a sample of 32 developed and developing countries we analyze the empirical characteristics of Sudden Stops in capital flows and the relevance of balance …
On the Empirics of Sudden Stops: The Relevance of Balance-Sheet …
Web12 de abr. de 2011 · Sudden Stops are a property of the unique, flexible-price competitive equilibrium of these models that occurs in a particular region of the state space in which negative shocks make borrowing constraints binding. The resulting nonlinear effects imply that solving the models requires non-linear numerical methods, which are described in … Web1 de abr. de 2006 · Could a high-access, quick-disbursing %u201Cinsurance facility%u201D in the IMF help to reduce the incidence of sharp interruptions in capital flows (%u201Csudden stops%u201D)? We contribute to the debate on this question by analyzing the impact of conventional IMF-supported programs on the incidence of sudden stops. … theory about academic performance
Sudden Stops and Imf-Supported Programs - Semantic Scholar
WebSudden Stops seem to come in bunches, grouping together countries that are different in many respects. However, countries are similar in that they remain vulnerable to large RER fluctuations - be it because they could be forced to large adjustments in the absorption of tradable goods, and/or because the size of dollar liabilities in the banking system (i.e., … WebCiteSeerX - Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): Using a sample of 32 developed and developing countries we analyze the empirical … Web1 de nov. de 2012 · Compared to previous work that focused only on net capital flows, this new methodology yields substantially different definitions of periods of “surges” and “stops” when foreign investors substantially increase or decrease capital flows to a country. We also identify periods of “flight” and “retrenchment” when domestic investors. theory about academic performance of students