Capital Movements, Banking Insolvency, and Silent Runs in the Asian Financial Crisis
收藏NBER2000-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w7514
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资源简介:
This paper supplies an agency-cost and contestable-markets perspective on the financial policies that triggered the Asian financial crisis. The agency-cost analysis hypothesizes that individual-country regulators knew that politically directed loans had made their banks insolvent, but purposefully
提供机构:
美国国家经济研究局
创建时间:
2000-01-01



