Showing 1 - 10 of 162
Persistent link: https://www.econbiz.de/10012798660
We examine theoretically the role of reserves management and macro-prudential capital controls as ex-post and ex-ante safeguards, respectively, against sudden stops, and argue that these measures are complements rather than substitutes. Absent capital controls, reserves to be deployed ex post...
Persistent link: https://www.econbiz.de/10012453271
We examine theoretically the role of reserves management and macro-prudential capital controls as ex-post and ex-ante safeguards, respectively, against sudden stops, and argue that these measures are complements rather than substitutes. Absent capital controls, reserves to be deployed ex post...
Persistent link: https://www.econbiz.de/10012923705
Persistent link: https://www.econbiz.de/10010208670
Persistent link: https://www.econbiz.de/10010421845
Persistent link: https://www.econbiz.de/10001710110
Persistent link: https://www.econbiz.de/10001700356
liquidity may be related positively to the longer-term probability of default. Our empirical analysis confirms these predictions …
Persistent link: https://www.econbiz.de/10009009580
Persistent link: https://www.econbiz.de/10003807977
firms with higher cash reserves are less likely to default in the short term, endogenously determined liquidity may be …
Persistent link: https://www.econbiz.de/10010206259