Credible Economic Liberalizations and Overborrowing

American Economic Review

Volumn 87, Issue 2, 1997, Pages 189-193

  McKinnon, Ronald I ^a   Pill, Huw ^b  

^a STANFORD UNIVERSITY   (United States)

^b HARVARD BUSINESS SCHOOL   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0347935225     PISSN: 00028282     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (5)

1. Conley, J. P. and Maloney, W. F. "Optimum Sequencing of Credible Reforms with Uncertain Outcomes." Journal of Development Economics, October 1995, 48(1), pp. 151-66.
2. Kurz, Mordecai. "On the Structure and Diversity of Rational Beliefs." Economic Theory, October 1994, 4(6), pp. 877-900.
3. McKinnon, Ronald I. The order of economic liberalization: Financial control in the transition to a market economy, 2nd Ed. Baltimore, MD: Johns Hopkins University Press, 1993.
4. McKinnon, Ronald and Pill, Huw. "Credible Liberalizations and International Capital Flows: The Overborrowing Syndrome," in T. Ito and A. Krueger, eds., Financial deregulation and integration in East Asia. Chicago: University of Chicago Press, 1996, pp. 7-42.
5. Pill, Huw. "A Simple Model of the Over-Borrowing Syndrome." Working paper, Division of Research, Harvard Business School, 1996.