A Balance Sheet Approach to Financial Crisis

A Balance Sheet Approach to Financial Crisis
The paper lays out an analytical framework for understanding crises in emerging markets based on examination of stock variables in the aggregate balance sheet of a country and the balance sheets of its main sectors (assets and liabilities). It focuses on the risks created by maturity, currency, and capital structure mismatches. This framework... READ MORE...

Publication date: December 2002
ISBN 9781451957150
$15.00

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