著者紹介

内容

目次

Preface; Contributors; 1. Financial crises in emerging markets: anintroductory overview Reuven Glick, Ramon Moreno, and Mark M. Spiegel; PartI. Determinants and Propagation of Financial Crises: 2. Banking and currencycrises: how common are twins? Reuven Glick and Michael M. Hutchison;Discussion Andrew K. Rose; 3. Multiple equilibria, contagion, and theemerging market crises Paul R. Masson; Discussion Paolo Pesenti; 4. How areshocks propagated internationally? Firm-level evidence from the Russian andEast Asian crises Kristen Forbes; Discussion Kenneth Kasa; Part II. CapitalFlows and Reversals: 5. Uncertainty and the disappearance of internationalcredit Joshua Aizenman and Nancy Marion; Discussion Mark M. Spiegel; 6.International capital inflows, domestic financial intermediation, andfinancial crises under imperfect information Menzie D. Chinn and Kenneth M.Kletzer; Discussion Roberto Chang; 7. Private inflows when crises areanticipated: a case study of Korea Michael P. Dooley and Inseok Shin;Discussion Carmen M. Reinhart; Part III. Institutional Factors and FinancialStructure: 8. Excessive FDI Flows under asymmetric information Assaf Razin,Efraim Sadka, and Chi-Wa Yuen; Discussion Maurice Obstfeld; 9. Corporategrowth and risk around the world Stijn Claessens, Simeon Djankov, and TatianaNenova; Discussion Richard K. Lyons; Part IV. Policy Responses: 10. Interestrate stabilization of exchange rates and contagion in the Asian Crisiscountries Robert Dekle, Cheng Hsiao, and Siyan Wang; DiscussionPierre-Richard Agenor; 11. The impact of monetary policy on exchange ratesduring financial crises David Gould and Steven Kamin; Discussion HenningBohn; 12. Capital controls during financial crises: the cases of Malaysia andThailand Hali J. Edison and Carmen M. Reinhart; Index.