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来源类型Working Paper
规范类型报告
DOI10.3386/w17645
来源IDWorking Paper 17645
Linking External Sector Imbalances and Changing Financial Instability before the 2008 Financial Crisis
John Whalley; Manmohan Agarwal; Jing Wang; Sean Walsh; Chen Yan
发表日期2011-12-08
出版年2011
语种英语
摘要The G20 Framework for Strong, Sustainable and Balanced Growth builds on the claim that growing imbalances before the 2008 Financial Crisis were a major cause of the crisis, and the further claim that reducing imbalances post crisis must be a central part of any effort to prevent a further occurrence. Analytical literature in economics seemingly does not provide satisfactory measures of financial instability, either in individual national economies or in the combined global economy; nor ways of linking imbalance change to either worsening or improving financial (or real) instability and the onset of financial crises.
主题International Economics ; Trade ; International Finance
URLhttps://www.nber.org/papers/w17645
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/575320
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John Whalley,Manmohan Agarwal,Jing Wang,et al. Linking External Sector Imbalances and Changing Financial Instability before the 2008 Financial Crisis. 2011.
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