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 estim...
| Autore principale: | |
|---|---|
| Altri autori: | |
| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2011.
|
| Serie: | IMF Working Papers; Working Paper ;
No. 2011/114 |
| Accesso online: | Full text available on IMF |