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...
Main Authors: | , , |
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Format: | Policy Research Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2014
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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 |