Contagion, bank lending spreads, and output fluctuations / Pierre-Richard Agénor, Joshua Aizenman, Alexander Hoffmaister
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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| Main Authors: | Agénor, Pierre-Richard, 1957- |
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| Corporate Authors: | World Bank Institute |
| Outros Autores: | Hoffmaister, Alexander W. Aizenman, Joshua, 1949- |
| Formato: | Online-Resource |
| Idioma: | English |
| Publicado em: | Washington, DC : World Bank, World Bank Institute, Economic Policy and Poverty Reduction, 1999 |
| Colecção: | Policy research working paper
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| Assuntos: | |
| Acesso em linha: | kostenfrei |
| Resumo: | 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 |
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| Descrição do item: | "September 1999. - Cover title. - Includes bibliographical references (p. 24-25) Erscheinungsjahr in Vorlageform:[1999] |
| Descrição Física: | 1 Online-Ressource (25 Seiten) Illustrationen 28 cm |