Browse

You are looking at 1 - 10 of 14 items :

  • Security (National and International) x
  • Keywords: debt x
Clear All
Costly Collateral and the Public Supply of Liquidity

Costly Collateral and the Public Supply of Liquidity »

Source: Costly Collateral and the Public Supply of Liquidity

Volume/Issue: 2000/125

Series: IMF Working Papers

Author(s): Philip Schellekens

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2000

ISBN: 9781451854817

Keywords: Debt Finance, Collateral, Credit Constraints, Asset Price Volatility, entrepreneur, entrepreneurs

This paper addresses two complications arising from the use of collateral requirements in debt contracts between wealth-constrained entrepreneurs and banks. First, costly asset liquidation is found to enhance the s...

Emerging Markets Crisis

Emerging Markets Crisis »

Source: Emerging Markets Crisis : An Asset Markets Perspective

Volume/Issue: 1999/129

Series: IMF Working Papers

Author(s): Arvind Krishnamurthy , and Ricardo Caballero

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1999

ISBN: 9781451855098

Keywords: Capital flows, fire sales, financial constraints, contractual and corporate governance problems, balance sheets, wasted collateral, domestic and foreign spreads, excessive leverage, collateral underprovision, real depreciation

The entire difference between a mild downturn and a devastating crisis is the occurrence of sharp fire sales of domestic assets and possibly foreign exchange and the ensuing collapse in the balance sheets of both t...

I World Economic Outlook and the Challenges of Global Adjustment

I World Economic Outlook and the Challenges of Global Adjustment »

Source: World Economic Outlook, October 1999 : Safeguarding Macroeconomci Stability at Low Inflation

Series: World Economic and Financial Surveys

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1999

ISBN: 9781557758392

Keywords: inflation, interest, debt, monetary policy, restructuring

Global economic and financial conditions have improved markedly after the turbulence in emerging markets in 1997–98, which gave rise to fears of a widespread credit crunch and global recession, and most of t...

II From Crisis to Recovery in the Emerging Market Economies

II From Crisis to Recovery in the Emerging Market Economies »

Source: World Economic Outlook, October 1999 : Safeguarding Macroeconomci Stability at Low Inflation

Series: World Economic and Financial Surveys

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1999

ISBN: 9781557758392

Keywords: inflation, interest, debt, monetary policy, restructuring

The emerging market economies have experienced a great deal of financial volatility and macroeconomic instability in the 1990s. For many of them, especially in Asia but to some extent also in Latin America,...

III Growth Divergences in the United States, Europe, and Japan: Trend or Cyclical?

III Growth Divergences in the United States, Europe, and Japan: Trend or Cyclical? »

Source: World Economic Outlook, October 1999 : Safeguarding Macroeconomci Stability at Low Inflation

Series: World Economic and Financial Surveys

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1999

ISBN: 9781557758392

Keywords: inflation, interest, debt, monetary policy, restructuring

While the United States, Europe, and Japan have all experienced declines in inflation since the early 1990s to rates representing reasonable price stability, their growth and labor market performance have di...

Costly Collateral and the Public Supply of Liquidity

Costly Collateral and the Public Supply of Liquidity »

Volume/Issue: 2000/125

Series: IMF Working Papers

Author(s): Philip Schellekens

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2000

DOI: http://dx.doi.org/10.5089/9781451854817.001

ISBN: 9781451854817

Keywords: Debt Finance, Collateral, Credit Constraints, Asset Price Volatility, entrepreneur, entrepreneurs

This paper addresses two complications arising from the use of collateral requirements in debt contracts between wealth-constrained entrepreneurs and banks. First, costly asset liquidation is found to enhance the s...

Emerging Markets Crisis
			: An Asset Markets Perspective

Emerging Markets Crisis : An Asset Markets Perspective »

Volume/Issue: 1999/129

Series: IMF Working Papers

Author(s): Arvind Krishnamurthy , and Ricardo Caballero

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1999

DOI: http://dx.doi.org/10.5089/9781451855098.001

ISBN: 9781451855098

Keywords: Capital flows, fire sales, financial constraints, contractual and corporate governance problems, balance sheets, wasted collateral, domestic and foreign spreads, excessive leverage, collateral underprovision, real depreciation

The entire difference between a mild downturn and a devastating crisis is the occurrence of sharp fire sales of domestic assets and possibly foreign exchange and the ensuing collapse in the balance sheets of both t...

International Debt and the Price of Domestic Assets

International Debt and the Price of Domestic Assets »

Volume/Issue: 2000/177

Series: IMF Working Papers

Author(s): Roberto Garcia-Saltos , and Leonardo Auernheimer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2000

DOI: http://dx.doi.org/10.5089/9781451858860.001

ISBN: 9781451858860

Keywords: Collateral, International Debt, Financial Accelerator, subsidy, subsidies, subsidizing

This paper examines the behavior of indebtedness, consumption, and asset prices in a small open economy in which the foreign real interest rate depends not only on an exogenous world interest rate and on indebtedne...

International Debt and the Price of Domestic Assets

International Debt and the Price of Domestic Assets »

Source: International Debt and the Price of Domestic Assets

Volume/Issue: 2000/177

Series: IMF Working Papers

Author(s): Roberto Garcia-Saltos , and Leonardo Auernheimer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2000

ISBN: 9781451858860

Keywords: Collateral, International Debt, Financial Accelerator, subsidy, subsidies, subsidizing

This paper examines the behavior of indebtedness, consumption, and asset prices in a small open economy in which the foreign real interest rate depends not only on an exogenous world interest rate and on indebtedne...

IV Safeguarding Macroeconomic Stability at Low Inflation

IV Safeguarding Macroeconomic Stability at Low Inflation »

Source: World Economic Outlook, October 1999 : Safeguarding Macroeconomci Stability at Low Inflation

Series: World Economic and Financial Surveys

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1999

ISBN: 9781557758392

Keywords: inflation, interest, debt, monetary policy, restructuring

The 1990s have witnessed some notable economic achievements but a number of new challenges have also arisen. The establishment of reasonable price stability in the industrial countries and of low rates of in...