Hoarding international reserves versus a Pigovian tax-cum-subsidy scheme: Reflections on the deleveraging crisis of 2008-2009, and a cost benefit analysis

Journal of Economic Dynamics and Control

Volumn 35, Issue 9, 2011, Pages 1502-1513

  Aizenman, Joshua ^a  

^a NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

Author keywords

Deleveraging; Fire sale congestion externality; International reserves; Tax cum subsidy

Indexed keywords

EID: 80051788763     PISSN: 01651889     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jedc.2011.01.014     Document Type: Article

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