Currency crises and the real economy : the role of banks /

Saved in:
Bibliographic Details
Author / Creator:Disyatat, Piti, 1973-
Imprint:[Washington, D.C.] : International Monetary Fund, Research Dept., ©2001.
Description:1 online resource (28 pages) : illustrations
Language:English
Series:IMF working paper, 2227-8885 ; WP/01/49
IMF working paper ; WP/01/49.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12497301
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund. Research Department.
ISBN:1451893973
9781451893977
1281600415
9781281600417
146232178X
9781462321780
1452702853
9781452702858
9786613781109
661378110X
Notes:Includes bibliographical references (pages 27-28).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
Summary:This paper shows that the quality of banks within each country is one of the important factors that can account for the fact that developing economies tend to suffer more severe output contractions in the wake of a currency crisis than more mature economies. In particular, countries with a banking sector whose balance sheets are healthy, in terms of having high net worth and low foreign currency exposure, are much less likely to suffer a contraction in the wake of an unexpected depreciation.
Other form:Print version: Disyatat, Piti, 1973- Currency crises and the real economy. [Washington, D.C.] : International Monetary Fund, Research Dept., ©2001
Standard no.:10.5089/9781451893977.001