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This paper investigates the extent to which output has recovered from the Asian crisis. A regime-switching approach that introduces two state variables is used to decompose recessions in a set of six Asian countries into permanent and transitory components. While growth recovered fairly quickly...
Persistent link: https://www.econbiz.de/10014073466
This paper investigates the extent to which output has recovered from the Asian crisis. A regime-switching approach that introduces two state variables is used to decompose recessions in a set of six Asian countries into permanent and transitory components. While growth recovered fairly quickly...
Persistent link: https://www.econbiz.de/10014404003
Persistent link: https://www.econbiz.de/10001660514
The authors explore the short-term and long-term debt capital structure of business firms in seven Southeast and East Asian economies for the time period 1986-1996. These are major firms representing virtually all business sectors. They all discuss some theoretical considerations related to...
Persistent link: https://www.econbiz.de/10001486908
research team composed of 12 leading economists from the ten East Asian countries: Thailand, Malaysia, Indonesia, the … Philippines, Singapore, Hong Kong, Taiwan, Korea, mainland China and Japan. One expert from the United States was also invited; he …It is interesting to note that after two years of recession in East Asia, almost all the countries in this region are …
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