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Country Risk and Capital Flow Reversals / Assaf Razin, Efraim Sadka.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Razin, Assaf.
Contributor:
National Bureau of Economic Research.
Sadka, Efraim.
Series:
Working Paper Series (National Bureau of Economic Research) no. w8171.
NBER working paper series no. w8171
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2001.
Summary:
A financial crisis with a capital flow reversal occurs when a country shifts abruptly from a 'good' equilibrium with a low country-specific risk premium to a 'bad' equilibrium with a high country-specific risk premium and no foreign credit.
Notes:
Print version record
March 2001.

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