Globalization and Emerging Markets: With or Without Crash?
收藏NBER2005-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w11550
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This paper develops a theory of financial crisis based on the demand side of the economy. We analyze the impact of financial and trade globalizations on asset prices, investment and the possibility of self-fulfilling financial crashes. In a two-country model, we show that financial and trade
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美国国家经济研究局创建时间：
2005-08-01
