Distributional Effects of Crises : The Role of Financial Transfers

Financial crises affect income distribution by way of different channels. The authors argue that financial transfers are an important channel which has been overlooked by the literature. They study the role of financial transfers by analyzing some...

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Bibliographic Details
Main Authors:	Halac, Marina, Schmukler, Sergio L.
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	AFFILIATES ASSET MANAGEMENT BAD LOANS BANK ACCOUNTS BANK DEPOSITS BANK FAILURES BANK LIQUIDITY BANK LOANS BANK RUN BANKING CRISES BANKING CRISIS BANKING SECTOR BANKING SYSTEM BANKRUPTCY BANKS BONDS BOOK VALUE CAPITAL ASSETS CAPITAL CONTROLS CAPITAL FLIGHT CAPITAL GAINS CAPITAL LOSSES CAPITAL MARKETS CAPITAL OUTFLOWS CAPITALIZATION CENTRAL BANK CENTRAL BANK LIQUIDITY COMMERCIAL BANK COMMERCIAL BANKS CONSUMERS CONTAGION CREDIT MARKETS CURRENCY CRISES CURRENCY CRISIS CURRENCY DEPRECIATION CURRENCY DEVALUATIONS DEBT DEBT RELIEF DEPOSIT ACCOUNTS DEPOSIT GUARANTEES DEPOSIT INSURANCE DEPOSITORS DEPOSITS DEVALUATION DISTRIBUTION OF INCOME DISTRIBUTIONAL IMPACT DOLLAR DEPOSITS DOMESTIC INVESTORS EMERGING ECONOMIES EMERGING MARKETS EMPLOYMENT EXCHANGE RATE EXTERNAL ASSETS EXTERNAL CREDIT EXTERNAL SHOCKS FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL SECTOR FINANCIAL SECTOR CRISES FINANCIAL SERVICES FINANCIAL SYSTEM FOREIGN CURRENCY FOREIGN CURRENCY DEPOSITS FOREIGN EXCHANGE FOREIGN INVESTORS GDP GDP PER CAPITA GINI COEFFICIENT GOVERNMENT BAILOUT GOVERNMENT BONDS GROSS DOMESTIC PRODUCT HIGH INFLATION INCOME DISTRIBUTION INFLATION INSOLVENCY INTEREST RATE INTEREST RATES INTERNATIONAL RESERVES INTERNATIONAL TRADE LEGISLATION LIQUIDITY SUPPORT LOOTING MATURITIES MORAL HAZARD OFFSHORE BANKING PRESENT VALUE PRIVATE BANKS PUBLIC SERVICES RECESSION SAVINGS SECURITIES SHAREHOLDERS SOCIAL SERVICES SUBSIDIARY TAKEOVER TIME DEPOSITS TIME SERIES TRADING TRANSACTION COSTS WAGES
Online Access:	http://documents.worldbank.org/curated/en/2003/11/2861348/distributional-effects-crises-role-financial-transfers http://hdl.handle.net/10986/17739

Internet

http://documents.worldbank.org/curated/en/2003/11/2861348/distributional-effects-crises-role-financial-transfers
http://hdl.handle.net/10986/17739

Distributional Effects of Crises : The Role of Financial Transfers

Internet

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