Kalemli-Ozcan, Sebnem; Kamil, Herman; Villegas-Sanchez, … - 2010
aggregate investment collapse. By utilizing a new firm-level database from six Latin American countries between 1990-2005 and … exporters that hold short-term foreign currency denominated debt, increase investment by 13 percentage points compared to … banking crisis, implying that the key factor that hinders investment and growth is the decline in the supply of credit …
