메뉴 건너뛰기




Volumn 38, Issue 7, 2006, Pages 1689-1714

How do official bailouts affect the risk of investing in emerging markets?

Author keywords

Financial crises; International lending; Investor moral hazard; Official bailout; Sovereign debt

Indexed keywords


EID: 33750551692     PISSN: 00222879     EISSN: None     Source Type: Journal    
DOI: 10.1353/mcb.2006.0091     Document Type: Review
Times cited : (37)

References (24)
  • 1
    • 24244449182 scopus 로고    scopus 로고
    • Unpublished paper presented to the International Financial Institution Advisory Commission
    • Aslund, Anders (2000). "Russia and the International Financial Institutions." Unpublished paper presented to the International Financial Institution Advisory Commission, available at http://www.ceip.org/people/ aslIFIs.htm.
    • (2000) Russia and the International Financial Institutions
    • Aslund, A.1
  • 4
    • 0000906187 scopus 로고    scopus 로고
    • The IMF's imprudent role as lender of last resort
    • Calomiris, Charles W. (1998). "The IMF's Imprudent Role as Lender of Last Resort." The Cato Journal 17, 275-294.
    • (1998) The Cato Journal , vol.17 , pp. 275-294
    • Calomiris, C.W.1
  • 5
    • 0042538828 scopus 로고    scopus 로고
    • Mexico's balance-of-payments crisis: A chronicle of a death foretold
    • Calvo, Guillermo A., and Enrique Mendoza (1996). "Mexico's Balance-of-Payments Crisis: A Chronicle of a Death Foretold." Journal of International Economics 41, 235-264.
    • (1996) Journal of International Economics , vol.41 , pp. 235-264
    • Calvo, G.A.1    Mendoza, E.2
  • 8
    • 33750564197 scopus 로고    scopus 로고
    • The role of the private sector in resolving financial crises in emerging markets
    • edited by Martin Feldstein. Chicago and London: The University of Chicago Press
    • Cline, William R. (2001). "The Role of the Private Sector in Resolving Financial Crises in Emerging Markets." In Economic and Financial Crises in Emerging Market Economies, edited by Martin Feldstein, pp. 459-496. Chicago and London: The University of Chicago Press.
    • (2001) Economic and Financial Crises in Emerging Market Economies , pp. 459-496
    • Cline, W.R.1
  • 10
    • 0030550549 scopus 로고    scopus 로고
    • Firm and guarantor risk, risk contagion, and the interfirm spread among insured deposits
    • Cook, Douglas O., and Lewis J. Spellman (1996). "Firm and Guarantor Risk, Risk Contagion, and the Interfirm Spread Among Insured Deposits." Journal of Financial and Quantitative Analysis 31, 265-281.
    • (1996) Journal of Financial and Quantitative Analysis , vol.31 , pp. 265-281
    • Cook, D.O.1    Spellman, L.J.2
  • 11
    • 27844533898 scopus 로고    scopus 로고
    • Moral hazard and international crisis lending: A test
    • International Monetary Fund
    • Dell'Ariccia, Giovanni, Isabel Schnabel, and Jeromin Zettelmeyer (2002). "Moral Hazard and International Crisis Lending: A Test." IMF Working Paper No. 02/181, International Monetary Fund.
    • (2002) IMF Working Paper No. 02/181
    • Dell'Ariccia, G.1    Schnabel, I.2    Zettelmeyer, J.3
  • 12
    • 3142768897 scopus 로고    scopus 로고
    • Wage and productivity dispersion in the united states manufacturing: The role of computer investment
    • Dunne, Timothy, Lucia Foster, John Haltiwanger, and Kenneth R. Troske (2004). "Wage and Productivity Dispersion in the United States Manufacturing: The Role of Computer Investment." Journal of Labor Economics 22, 397-429.
    • (2004) Journal of Labor Economics , vol.22 , pp. 397-429
    • Dunne, T.1    Foster, L.2    Haltiwanger, J.3    Troske, K.R.4
  • 13
    • 0013157976 scopus 로고    scopus 로고
    • What explains changing spreads on emerging-market debt?
    • edited by Sebastian Edwards. Chicago and London: The University of Chicago Press
    • Eichengreen, Barry, and Ashoka Mody (2000). "What Explains Changing Spreads on Emerging-Market Debt? " In Capital Flows and the Emerging Economies: Theory, Evidence and Controversies, edited by Sebastian Edwards, pp. 107-134. Chicago and London: The University of Chicago Press.
    • (2000) Capital Flows and the Emerging Economies: Theory, Evidence and Controversies , pp. 107-134
    • Eichengreen, B.1    Mody, A.2
  • 15
    • 33750536572 scopus 로고    scopus 로고
    • Public debt in emerging markets: Is it too high?
    • International Monetary Fund, September, chap. III. Washington D.C.: International Monetary Fund
    • International Monetary Fund (2003). "Public Debt in Emerging Markets: Is It Too High?" World Economic Outlook, September, chap. III, pp. 113-150. Washington D.C.: International Monetary Fund.
    • (2003) World Economic Outlook , pp. 113-150
  • 16
    • 27844517366 scopus 로고    scopus 로고
    • The Mussa theorem and other results on IMF induced moral hazard
    • Special Issue (September), International Monetary Fund
    • Jeanne, Olivier, and Jeromin Zettelmeyer (2005). "The Mussa Theorem and Other Results on IMF Induced Moral Hazard." IMF Staff Papers 52, Special Issue (September), International Monetary Fund, 64-84.
    • (2005) IMF Staff Papers , vol.52 , pp. 64-84
    • Jeanne, O.1    Zettelmeyer, J.2
  • 17
    • 0027770211 scopus 로고
    • Wage inequality and the rise in returns to skill
    • Juhn, Chinhui, Kevin M. Murphy, and Brooks Pierce (1993). "Wage Inequality and the Rise in Returns to Skill." Journal of Political Economy 101, 410-442.
    • (1993) Journal of Political Economy , vol.101 , pp. 410-442
    • Juhn, C.1    Murphy, K.M.2    Pierce, B.3
  • 18
    • 3543054588 scopus 로고    scopus 로고
    • Identifying the role of moral hazard in international financial markets
    • Kamin, Steven B. (2004). "Identifying the Role of Moral Hazard in International Financial Markets." International Finance 1, 25-59.
    • (2004) International Finance , vol.1 , pp. 25-59
    • Kamin, S.B.1
  • 19
    • 84888834708 scopus 로고    scopus 로고
    • The evolution and determinants of emerging market credit spreads in the 1990s
    • Kamin, Steven B., and Karsten von Kleist (1999). "The Evolution and Determinants of Emerging Market Credit Spreads in the 1990s." BIS Quarterly Review 0, 36-44.
    • (1999) BIS Quarterly Review , pp. 36-44
    • Kamin, S.B.1    Von Kleist, K.2
  • 20
    • 0008562293 scopus 로고    scopus 로고
    • Does IMF financing result in moral hazard?
    • International Monetary Fund
    • Lane, Timothy D., and Steven T. Phillips (2000). "Does IMF Financing Result in Moral Hazard? " IMF Working Paper No. 00/168, International Monetary Fund.
    • (2000) IMF Working Paper No. 00/168
    • Lane, T.D.1    Phillips, S.T.2
  • 21
    • 0005092175 scopus 로고    scopus 로고
    • Asian problems and the IMF
    • Meltzer, Allan H. (1998). "Asian Problems and the IMF." The Cato Journal 17, 267-274.
    • (1998) The Cato Journal , vol.17 , pp. 267-274
    • Meltzer, A.H.1
  • 22
    • 1342289814 scopus 로고
    • The moral hazard of IMF lending
    • edited by Allan H. Meltzer. The Heritage Lectures 21, Heritage Foundation: Washington, D.C.
    • Vaubel, Roland (1983). "The Moral Hazard of IMF Lending." In International Lending and the IMF - A Conference in Memory of Wilson Schmidt, edited by Allan H. Meltzer, pp. 65-79. The Heritage Lectures 21, Heritage Foundation: Washington, D.C.
    • (1983) International Lending and the IMF - A Conference in Memory of Wilson Schmidt , pp. 65-79
    • Vaubel, R.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.