Financial Crises in Emerging Markets
收藏NBER1998-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w6606
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资源简介：
We present a simple model that can account for the main features of recent financial crises in emerging markets. The international illiquidity of the domestic financial system is at the center of the problem. Illiquid banks are a necessary and a sufficient condition for financial crises to occur.
提供机构：
美国国家经济研究局
创建时间：
1998-06-01
