Matches in SemOpenAlex for { <https://semopenalex.org/work/W2596229968> ?p ?o ?g. }
Showing items 1 to 81 of
81
with 100 items per page.
- W2596229968 abstract "The role of economic policy in Finland's depression of the 1990's is analyzed with a simple model of an open economy, and the conditions for a successful financial reform derived: Let the system adjust after the removal of interest rate ceilings, and the domestic interest rate then be aligned with foreign rates before liberalizing international capital flows. In Finland, the financial system was liberalized simultaneously with international capital movements, with the domestic shadow interest rate initially considerably higher than the international market rates. A capital inflow the size of the monetary base followed, leading to the “crazy years” of 1987-89. With a large current account deficit, the Bank of Finland tightened money sharply, causing a banking crisis practically wiping out the savings bank sector. The GDP declined by 13 %. Several lesser policy measures aggravated the crisis. JEL classification number E58, E65, O52" @default.
- W2596229968 created "2017-03-23" @default.
- W2596229968 creator A5060142903 @default.
- W2596229968 date "2005-01-01" @default.
- W2596229968 modified "2023-09-24" @default.
- W2596229968 title "THE LESSON OF FINLAND S DEPRESSION OF THE 1990 S: WHAT WENT WRONG IN FINANCIAL REFORM?" @default.
- W2596229968 cites W1563682195 @default.
- W2596229968 cites W182940498 @default.
- W2596229968 cites W2039385509 @default.
- W2596229968 cites W2112559425 @default.
- W2596229968 cites W2316243229 @default.
- W2596229968 cites W2754761157 @default.
- W2596229968 cites W2996085990 @default.
- W2596229968 cites W3125135614 @default.
- W2596229968 cites W3126113100 @default.
- W2596229968 cites W623311809 @default.
- W2596229968 hasPublicationYear "2005" @default.
- W2596229968 type Work @default.
- W2596229968 sameAs 2596229968 @default.
- W2596229968 citedByCount "0" @default.
- W2596229968 crossrefType "journal-article" @default.
- W2596229968 hasAuthorship W2596229968A5060142903 @default.
- W2596229968 hasConcept C105639569 @default.
- W2596229968 hasConcept C117797892 @default.
- W2596229968 hasConcept C126285488 @default.
- W2596229968 hasConcept C136264566 @default.
- W2596229968 hasConcept C139719470 @default.
- W2596229968 hasConcept C15744967 @default.
- W2596229968 hasConcept C162324750 @default.
- W2596229968 hasConcept C166957645 @default.
- W2596229968 hasConcept C175025494 @default.
- W2596229968 hasConcept C17744445 @default.
- W2596229968 hasConcept C18547055 @default.
- W2596229968 hasConcept C199539241 @default.
- W2596229968 hasConcept C205649164 @default.
- W2596229968 hasConcept C23952128 @default.
- W2596229968 hasConcept C2776867660 @default.
- W2596229968 hasConcept C2776943663 @default.
- W2596229968 hasConcept C2778300220 @default.
- W2596229968 hasConcept C34447519 @default.
- W2596229968 hasConcept C44750222 @default.
- W2596229968 hasConcept C542102704 @default.
- W2596229968 hasConcept C552438157 @default.
- W2596229968 hasConcept C556758197 @default.
- W2596229968 hasConcept C58202505 @default.
- W2596229968 hasConcept C73283319 @default.
- W2596229968 hasConcept C821917 @default.
- W2596229968 hasConcept C83646750 @default.
- W2596229968 hasConceptScore W2596229968C105639569 @default.
- W2596229968 hasConceptScore W2596229968C117797892 @default.
- W2596229968 hasConceptScore W2596229968C126285488 @default.
- W2596229968 hasConceptScore W2596229968C136264566 @default.
- W2596229968 hasConceptScore W2596229968C139719470 @default.
- W2596229968 hasConceptScore W2596229968C15744967 @default.
- W2596229968 hasConceptScore W2596229968C162324750 @default.
- W2596229968 hasConceptScore W2596229968C166957645 @default.
- W2596229968 hasConceptScore W2596229968C175025494 @default.
- W2596229968 hasConceptScore W2596229968C17744445 @default.
- W2596229968 hasConceptScore W2596229968C18547055 @default.
- W2596229968 hasConceptScore W2596229968C199539241 @default.
- W2596229968 hasConceptScore W2596229968C205649164 @default.
- W2596229968 hasConceptScore W2596229968C23952128 @default.
- W2596229968 hasConceptScore W2596229968C2776867660 @default.
- W2596229968 hasConceptScore W2596229968C2776943663 @default.
- W2596229968 hasConceptScore W2596229968C2778300220 @default.
- W2596229968 hasConceptScore W2596229968C34447519 @default.
- W2596229968 hasConceptScore W2596229968C44750222 @default.
- W2596229968 hasConceptScore W2596229968C542102704 @default.
- W2596229968 hasConceptScore W2596229968C552438157 @default.
- W2596229968 hasConceptScore W2596229968C556758197 @default.
- W2596229968 hasConceptScore W2596229968C58202505 @default.
- W2596229968 hasConceptScore W2596229968C73283319 @default.
- W2596229968 hasConceptScore W2596229968C821917 @default.
- W2596229968 hasConceptScore W2596229968C83646750 @default.
- W2596229968 hasLocation W25962299681 @default.
- W2596229968 hasOpenAccess W2596229968 @default.
- W2596229968 hasPrimaryLocation W25962299681 @default.
- W2596229968 isParatext "false" @default.
- W2596229968 isRetracted "false" @default.
- W2596229968 magId "2596229968" @default.
- W2596229968 workType "article" @default.