Contagion, bank lending spreads, and output fluctuations:

A positive historical shock to external spreads can lead to an increase in domestic spreads and a reduction in the cyclical component of output. Shocks to external spreads immediately after the Mexican peso crisis had a sizable effect on movements in output and domestic interest rate spreads in Arge...

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Bibliographic Details
Main Author: Agénor, Pierre-Richard 1957- (Author)
Format: Electronic eBook
Language:English
Published: Washington, DC World Bank, World Bank Institute, Economic Policy and Poverty Reduction 1999
Series:Policy research working paper 2186
Subjects:
Online Access:Volltext
Summary:A positive historical shock to external spreads can lead to an increase in domestic spreads and a reduction in the cyclical component of output. Shocks to external spreads immediately after the Mexican peso crisis had a sizable effect on movements in output and domestic interest rate spreads in Argentina
Item Description:"September 1999. - Cover title. - Includes bibliographical references (p. 24-25)
Erscheinungsjahr in Vorlageform:[1999]
Physical Description:1 Online-Ressource (25 Seiten) Illustrationen 28 cm