Capital Flows and Economic Fluctuations : The Role of Commercial Banks in Transmitting Shocks

The Role of Commercial Banks in Transmitting Shocks

Capital Flows and Economic Fluctuations : The Role of Commercial Banks in Transmitting Shocks
This paper uses a general equilibrium model to examine the central role played by commercial banks in intermediating and amplifying the capital flow shocks to the local economy in the 1997 Asia financial crisis. It finds that a sudden stop of capital inflows affects the equilibrium credit supply through two channels: first, the plunge of foreign... READ MORE...

Publication date: January 2008
ISBN 9781451868746
$18.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: January 2008

PDF

Publication date: January 2008

ePub

Publication date: January 2008

Mobi

Publication date: January 2008

English