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Can good events lead to bad outcomes? : endogenous banking crises and fiscal policy responses /
In this paper, we study the impact of labor market restructuring and foreign direct investment on the banking sector, using a dynamic general equilibrium model with a financial sector. Numerical simulations are performed using stylized Chinese data, and banks failures are generated through increases...
| Clasificación: | Libro Electrónico |
|---|---|
| Autores principales: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund,
©2006.
|
| Colección: | IMF working paper ;
WP/06/263. |
| Temas: | |
| Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Contents
- I. INTRODUCTION
- II. THE MODEL
- III. CALIBRATION AND SIMULATIONS
- IV. POLICY
- V. CONCLUSION
- REFERENCES