Testing liquidity constraints in 10 Asian developing countries: an error-correction model approach

An error-correction model is used to estimate the fraction of consumers who are liquidity-constrained in 10 Asian developing countries. Our estimates of the fraction of consumers who are liquidity-constrained range between 0.25 and 0.98. We further investigate whether financial liberalization has re...

Ausführliche Beschreibung

Bibliographische Detailangaben

Veröffentlicht in:	Applied economics 2006-12, Vol.38 (21), p.2535-2543
Hauptverfasser:	Habibullah, Muzafar Shah, Smith, Peter, Azman-Saini, W. N. W.
Format:	Artikel
Sprache:	eng
Schlagworte:	Applied economics Asia Cross-national analysis Developing countries Error correction models Financial liberalization LDCs Liquidity Studies
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!