The nature of the microeconomic frictions that transform sudden stops in output collapses is not only of academic interest, but also crucial for the correct design of policy responses to prevent and address...
Type de document: Document de travail de recherche sur les politiques
Numéro du rapport: WPS5605
Date du document: 1 mars 2011
Mode de publication: Disclosed
Auteur: Cowan,Kevin Michael,Raddatz Kiefer,Claudio Enrique