The Credit Crunch in East Asia : What Can Bank Excess Liquid Assets Tell Us?

The authors propose a two-step approach for assessing the extent to which the fall in credit in crisis-stricken East Asian countries was a supply- or demand-induced phenomenon. The first step involves estimating a demand function for excess liquid...

Full description

Bibliographic Details
Main Authors: Agenor, Pierre-Richard, Aizenman, Joshua, Hoffmaister, Alexander
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2000/11/717461/credit-crunch-east-asia-can-bank-excess-liquid-assets-tell
http://hdl.handle.net/10986/19759