Similar Search Results

Financial Markets, Financial Intermediation, and Bailout Policy

Vinogradov, Dmitri V. - 2006

The 1980s and 1990s have been marked with a series of financial and banking crises all over the world. This turned the attention of economists to such questions as how a financial system should be structured in order to reduce the vulnerability of an economy to the risk of a crisis, or what...

Persistent link: https://www.econbiz.de/10009476251

Capital controls and external debt term structure

Auernheimer, Leonardo (contributor) - 2005

In my dissertation, I explore the relationship between capital controls and the choiceof the maturity structure of external debt in a general equilibrium setup, incorporatingexplicitly the role of international lenders. I look at specific types of capital controlswhich take the form of...

Persistent link: https://www.econbiz.de/10009465028

Currency Crises and Financial Vulnerability in Dollarized Economies.

Kamil, Herman - 2011

The dissertation consists of three distinct chapters that contribute to important, yet unresolved topics in Macroeconomics and International Economics.Macroeconomists have been keenly interested in understanding how financial crisis turn into real recessions in emerging markets. By using a...

Persistent link: https://www.econbiz.de/10009476665

Cross-Border Trading as a Mechanism for Capital Flight: ADRs and the Argentine Crisis

Auguste, Sebastian; Dominguez, Kathryn M. E.; Kamil, Herman - 2002

This paper examines the surprising performance of the Argentine stock market in the midst of the country’s most recent financial crisis and the role played by ADRs in Argentine capital flight. Although Argentine investors were subject to capital controls, they were able to purchase stocks with...

Persistent link: https://www.econbiz.de/10009477174

When Capital Inflows Come to a Sudden Stop: Consequences and Policy Options

Calvo, Guillermo A.; Reinhart, Carmen M. - 1999

In this paper we present evidence that capital account reversals have become more severe foremerging markets. Because policy options are limited in the midst of a capital market crisisand because so many countries have already had crises recently, we focus on some of thepolicies that could...

Persistent link: https://www.econbiz.de/10009450565

Essays on Capital Controls and the Informal Economy

Vuletin, Guillermo Javier - 2007

This dissertation addresses the issues of capital controls and informal economy. Both subjects have evoked considerable interest in both academic environments and policy circles, especially given their importance for developing countries. The dissertation is structured as follows. Chapter 1...

Persistent link: https://www.econbiz.de/10009450845

Essays on Multiple Exchange Rate Systems

Avellan, Leopoldo Martin - 2005

This dissertation measures the impact of multiple exchange rate systems on economic performance and on net capital flows in developing countries. The literature on the effectiveness of capital controls has some problems. Two of them are that it often ignores the endogeneity of capital controls,...

Persistent link: https://www.econbiz.de/10009450945

The compatability of capital controls and financial development: a selective survey and empirical evidence

Chinn, Menzie D - 2002

This paper examines the relationship between capital controls and financial development, with an emphasis on the empirical aspects of the linkage. Financial development is interpreted broadly as increasing the efficiency of allocating financial resources and monitoring capital projects. In...

Persistent link: https://www.econbiz.de/10009451526

The efficiency of early warning indicators for financial crises

Rabe, Jens Michael - 2000

potentialearly warning indicators that are suggested by theory. Alongsideothers, these candidate indicators are tested in …

Persistent link: https://www.econbiz.de/10009471830

The Political Determinants of the Depth of Banking Crises

Winkler, Nicolas - 2006

argumentiert, dass nur schnelle und tiefgreifende Bankensektorreformpolitik eine fortdauernde Vermehrung der Kosten der Bankenkrise … abwenden kann. Die Tiefe der Bankenkrise wird somit zu einer Funktion des Ausmaßes von regulatorischen Wandel, welchen … versucht der empirische Teil dieser Studie, die gebildeten Hypothesen zu belegen. Die Tiefe der Bankenkrise wird dabei …

Persistent link: https://www.econbiz.de/10009471832