Series: IMF Working Papers
Author(s): Patrick Imam , and Jiaqian Chen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 2012
Keywords: Asset Shortage, Emerging Market, Crisis, Asset Bubble, financial assets, bond, bonds, asset bubbles, Money and Interest Rates: General, Financial Economics: General,
We assess econometrically the impact of asset shortages on economic growth, asset bubbles, the probability of a crisis, and the current account for a group of 41 Emerging markets for 1995-2008. The econometric esti...