Konferenzbeitrag
Credit market imperfections, financial market regulation and business cycles in Eastern Europe
Credit market imperfections give rise to boom-bust cycle episodes in emerging markets. In the present paper, we aim to provide a comprehensive analysis for Eastern Europe. We focus on documenting credit market imperfections, asymmetric financing opportunities across sectors, and business cycle fluctuations at the aggregate and sectoral level. The results will be discussed in the policy context of the re-regulation of the financial system. We will propose in an unconventional way to think about the early introduction of the Euro currency.
- Sprache
-
Englisch
- Erschienen in
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Series: Proceedings of the German Development Economics Conference, Frankfurt a.M. 2009 ; No. 40
- Klassifikation
-
Wirtschaft
International Lending and Debt Problems
Financial Aspects of Economic Integration
Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
Corporate Finance and Governance: Government Policy and Regulation
- Thema
-
asymmetric financing opportunities
currency mismatch
sectoral business cycles
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Drechsel, Katja
Westermann, Frank
- Ereignis
-
Veröffentlichung
- (wer)
-
Verein für Socialpolitik, Ausschuss für Entwicklungsländer
- (wo)
-
Göttingen
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Konferenzbeitrag
Beteiligte
- Drechsel, Katja
- Westermann, Frank
- Verein für Socialpolitik, Ausschuss für Entwicklungsländer
Entstanden
- 2009