Bond Finance, Bank Credit, and Aggregate Fluctuations in an Open Economy
收藏NBER2016-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w22377
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资源简介：
Corporate sectors in emerging markets have noticeably increased their reliance on foreign financing, presumably reflecting low global interest rates. The evidence also shows a rebalancing from bank loans towards bonds. To study these developments, we develop a dynamic open economy model where these
提供机构：
美国国家经济研究局
创建时间：
2016-07-01
