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Beteilige Person: Ramos, Alberto M. (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Washington, D.C International Monetary Fund 1998
Schriftenreihe:IMF Working Papers Working Paper No. 98/121
Links:http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
http://elibrary.imf.org/view/IMF001/01103-9781451854350/01103-9781451854350/01103-9781451854350.xml
Abstract:This paper constructs a theoretical framework that rationalizes banks' short- and long-run adjustment dynamics-in portfolio composition and in the capital structure-following a period of financial distress. The model captures stylized facts about banks' behavior following a shock to the capital base-namely, the rush to liquidity and credit crunch. Bank panel data show that Argentine domestic retail banks underwent a period of adjustment of six quarters following the Mexican devaluation crisis, reducing their risk-exposure since, owing to bank capital scarcity, depositors became less prone to tolerate bank default risk. Foreign-owned banks suffered a milder shock and adjusted immediately
Umfang:1 Online-Ressource (54 p)
ISBN:1451854358
9781451854350