Systemic Sudden Stops: The Relevance Of Balance-Sheet Effects And Financial Integration
NBER Working Paper No. 14026
---- Acknowledgements -----
We would like to thank Marty Eichenbaum, Ernesto Talvi and seminar participants at Columbia University, George Washington University, the Latin American Economic Association, and the VI Workshop in International Economics and Finance organized by the Department of Economics of the Universidad T. Di Tella for their valuable comments, Walter Sosa for substantive technical advice, and Rudy Loo-Kung, Gonzalo Llosa and Freddy Rojas for superb research assistance. The usual caveats apply. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.