Financial sector inefficiencies and coordination failures implication for crisis management

This paper analyzes the implication of inefficient financial intermediation for crisis management in a country where firms are highly-indebted. The analysis is based on a model in which firms rely on bank credit to finance their working capital needs and lenders face high state verification and enfo...

Ausführliche Beschreibung

Bibliographische Detailangaben

Hauptverfasser:	Agénor, Pierre-Richard 1957- (VerfasserIn), Aizenman, Joshua 1949- (VerfasserIn)
Format:	Buch
Sprache:	English
Veröffentlicht:	Cambridge, Mass. 1999
Schriftenreihe:	National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 7446
Schlagworte:	Bank Recht Ökonometrisches Modell Bank loans > Law and legislation > Econometric models Banks and banking > State supervision > Econometric models Debt relief > East Asia > Econometric models Debt > East Asia > Econometric models Financial crises > East Asia > Econometric models Intermediation (Finance) > East Asia > Econometric models Ostasien
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