Blalock, Garrick; Gertler, Paul J; Levine, David I. I. - Institute of Business and Economic Research (IBER), … - 2005
JEL classification codes: O16, F23, E32, O12 Abstract: We investigate whether capital market imperfections constrain investment during an emerging market financial crisis. Both large currency devaluations and widespread collapse of the banking sector characterize recent crises. Although a...