Consequences of Asset Shortages in Emerging Markets

Working Paper No. 12/102

Nopic
We assess econometrically the impact of asset shortages on economic growth, asset bubbles, the probability of a crisis, and the current account for a group of 41 Emerging markets for 1995-2008. The econometric estimations confirm that asset shortages pose a serious danger to EMs in terms of reducing economic growth, raising the probability of a... READ MORE...

Publication date: April 2012
ISBN 9781475502923
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Publication date: April 2012

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Publication date: April 2012

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