Causes of Asset Shortages in Emerging Markets
We first illustrate that emerging markets (EMs) face a shortage of financial assets, with financial assets not growing as rapidly as domestic savings. We then estimate the asset shortage in EMs for 1995-2008. We develop a model that explains how asset shortage develop, and then econometrically estimate the causes of asset shortages. We conclude with policy implications.
Publication date: May 2011
ISBN: 9781455262373
$18.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
| English |
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book
This title contains information about the following subjects.
Click on a subject if you would like to see other titles with the same subjects.
Economics- Macroeconomics , Economics / General , International - Economics , capital markets , bond , capital market , bonds , credit rating , bond issuance , financial markets , international country risk guide , capital account liberalization , gross domestic product , stock exchange , domestic capital markets , stock market , domestic capital , internatio
Summary
