| Record ID | marc_loc_2016/BooksAll.2016.part29.utf8:3086396:1844 |
| Source | Library of Congress |
| Download Link | /show-records/marc_loc_2016/BooksAll.2016.part29.utf8:3086396:1844?format=raw |
LEADER: 01844cam a22003497a 4500
001 2001265298
003 DLC
005 20010301115750.0
008 010109s1999 dcua b i000 0 eng d
010 $a 2001265298
035 $a(OCoLC)ocm42346341
040 $aDJB$cDJB$dDLC
042 $alccopycat
043 $aa------
050 00 $aHG3881.5.W57$bP63 no. 2174
100 1 $aBurnside, Craig.
245 10 $aProspective deficits and the Asian currency crisis /$cCraig Burnside, Martin Eichenbaum, and Sergio Rebelo.
260 $aWashington, DC :$bWorld Bank, Development Research Group, Macroeconomics and Growth,$c[1999]
300 $a43, [8] p. :$bill. ;$c28 cm.
490 1 $aPolicy research working paper ;$v2174
500 $a"September 1999"--Cover.
504 $aIncludes bibliographical references (p. 40-42).
520 $aThe recent Asian currency crisis was caused by large prospective fiscal deficits associated with implicit bailout guarantees to failing banking systems. Absent the political will to raise taxes or cut spending, governments must resort to seignorage revenues to pay for the bailout of the banking system. In a world of forward-looking agents, this makes a currency crisis inevitable.
530 $aAlso available on the World Wide Web.
650 0 $aFinancial crises$zAsia$xEconometric models.
650 0 $aBanks and banking$zAsia$xEconometric models.
650 0 $aBudget deficits$zAsia$xEconometric models.
700 1 $aEichenbaum, Martin S.
700 1 $aRebelo, Sergio.
710 2 $aWorld Bank.$bDevelopment Research Group.$bMacroeconomics and Growth.
830 0 $aPolicy research working papers ;$v2174.
856 41 $3Abstract and full text;$zfull text available in pdf format at same site;$uhttp://www.worldbank.org/html/dec/Publications/Workpapers/wps2000series/wps2174/wps2174-abstract.html