The effects of debt versus equity inflows on savings and growth in developing economies
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منابع مشابه
The macroeconomic effects of debt- and equity-based capital inflows ¬リニ
This paper considers whether debt-based capital inflows have different effects onmany shortrun macroeconomic indicators than equity-based capital inflows. Using external instruments in a structural VAR for identification, we estimate the response of domestic variables like the output gap, inflation, the exchange rate, stock prices, credit growth, and interest rates to an exogenous shock to debt...
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