000 02054nam a22003854a 4500
001 WPIEA1461999
003 IMF
005 20190405160428.0
006 m o d
007 cr cn|||||||||
008 020129s1999 dcu o i00 0 eng d
020 _a1451856628 :
_c15.00 USD
020 _z9781451856620
022 _a1018-5941
024 7 _a10.5089/9781451856620.001
_2doi
035 _a(IMF)WPIEA1461999
040 _aDcWaIMF
_beng
110 2 _aInternational Monetary Fund.
245 1 0 _aSources of Contagion
_h[electronic resource] :
_bFinance or Trade?.
260 _aWashington, D.C. :
_bInternational Monetary Fund,
_c1999.
300 _a1 online resource (28 p.)
490 1 _aIMF Working Papers; Working Paper ;
_vNo. 99/146
520 3 _aThis paper presents evidence that spillovers through bank lending, as opposed to trade linkages and country characteristics, can help explain contagion. We construct a measure of competition for bank funds and find evidence in favor of a common lender effect in the Mexican, Thai, and Russian crises, after controlling for macroeconomic fundamentals. The results are quite robust to the definition of the finance indicator. In the case of the Asian crisis, results are not always robust to the inclusion of trade competition, reflecting the high correlation between competition for funds and trade.
588 _aDescription based on print version record.
650 7 _aCompetition
_2imf
650 7 _aContagion
_2imf
650 7 _aCurrency Crisis
_2imf
650 7 _aFinancial Contagion
_2imf
650 7 _aFinancial Spillovers
_2imf
651 7 _aMexico
_2imf
651 7 _aThailand
_2imf
776 0 8 _iPrint Version:
_tSources of Contagion : Finance or Trade?
_dWashington, D.C. : International Monetary Fund, 1999.
_z9781451856620
830 0 _aIMF Working Papers; Working Paper ;
_vNo. 99/146
856 4 0 _uhttp://elibrary.imf.org/view/IMF001/06328-9781451856620/06328-9781451856620/06328-9781451856620.xml
_zIMF e-Library
856 4 0 _uhttp://www.imfbookstore.org/IMFORG/9781451856620
_zIMF Book Store
999 _c149809
_d149809