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Journal Article
A liberal discussion of financial liberalization

Economic Review , Issue Nov , Pages 1-8

Journal Article
Understanding recent crises in emerging markets

The world economy is going through a difficult and dangerous period. The recent Brazilian currency meltdown is one more in a series of events that includes the Asian crises of 1997-98 and the Mexican crash in 1994, and there is uncertainty about whether other emerging economies will be infected with the Brazilian virus. ; Dealing with crises in emerging economies is, therefore, an urgent matter. However, what to do about these crises is a source of heated debate. According to the author of this article, much of the confusion arises from the fact that accumulated knowledge about crises in ...
Economic Review , Volume 84 , Issue Q2 , Pages 6-16

Journal Article
Intervention in credit markets and development lending

Economic Review , Volume 79 , Issue May , Pages 13-27

Journal Article
Covered call options: a proposal to ease LDC debt

Economic Review , Issue Mar , Pages 2-13

Journal Article
Taiwan provides test case for financial liberalization

Economics Update , Issue Jan , Pages 5-6

Journal Article
Innovative credit programs deserve a try

Economics Update , Issue Jan , Pages 5

Journal Article
Nontraditional lending may help developing countries

Financial Update , Volume 8 , Issue Apr , Pages 5

Working Paper
A public finance analysis of multiple reserve requirements

This paper analyzes multiple reserve requirements of the type that have been imposed by a number of developing countries. We show that previous theoretical work on this topic has not succeeded in providing a social welfare rationale for the existence of multiple reserve requirements. We go on to present a model in which it is possible for a multiple reserves regime to improve social welfare relative to simpler regimes involving reserve requirements and/or deposit taxes. We demonstrate the empirical plausibility of our approach by providing a case study of Mexico, a country with extensive ...
FRB Atlanta Working Paper , Paper 99-19

Working Paper
Costs of financial intermediation under regulation: development banks and commercial banks

FRB Atlanta Working Paper , Paper 89-2

Working Paper
A public finance analysis of multiple reserve requirements

This paper analyzes multiple reserve requirements of the type that have been imposed by a number of developing countries. We show that previous theoretical work on this topic has not succeeded in providing a social welfare rationale for the existence of multiple reserve requirements: in the basic reserve requirements model, any allocation that can be supported by a multiple-reserves regime can also be supported by a single-bond reserve requirement. We go on to present extended versions of the model in which it is possible for a multiple-reserves regime to improve social welfare relative to ...
FRB Atlanta Working Paper , Paper 98-1

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Kamin, Steven B. 8 items

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