Agénor, Pierre-Richard
[VerfasserIn]
;
Hoffmaister, Alexander W.
[Sonstige Person, Familie und Körperschaft];
Aizenman, Joshua
[Sonstige Person, Familie und Körperschaft]World Bank Institute Economic Policy and Poverty Reduction
Contagion, bank lending spreads, and output fluctuations
Anmerkungen:
"September 1999
Cover title
Includes bibliographical references (p. 24-25)
Beschreibung:
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