Contagion, bank lending spreads, and output fluctuations
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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| Other Authors: | , |
| Format: | eBook |
| Language: | English |
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Washington, DC
World Bank, World Bank Institute, Economic Policy and Poverty Reduction
1999
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| Series: | Policy research working paper
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| Collection: | World Bank E-Library Archive - Collection details see MPG.ReNa |
| Summary: | 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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| Item Description: | "September 1999. - Cover title. - Includes bibliographical references (p. 24-25) |
| Physical Description: | 25 p ill 28 cm |