FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W3122035474> ?p ?o ?g. }

• W3122035474 abstract "Credit market imperfections have been blamed for the depth and persistence of the Great Depression in the USA. Could similar mechanisms have played a role in ending the East Asian miracle? After a brief account of the nature of the recent crisis, we use a model of highly levered credit-constrained firms due to Kiyotaki and Moore (1997) to explore this question. As applied to land-holding property companies, it predicts greatly amplified responses to financial shocks - like the ending of the land price bubble or the fall of the exchange rate. The initial fall in asset values is followed by the ?knock-on? effects of the scramble for liquidity as companies sell land to satisfy their collateral requirements - causing land prices to fall further. This could lead to financial collapse where - like falling dominoes - prudent firms are brought down by imprudent firms. Key to avoiding collapse is the nature of financial stabilisation policy; in a crisis, temporary financing can prevent illiquidity becoming insolvency and launching lifeboats can do the same. But the vulnerability of financial systems like those in East Asia to short-term foreign currency exposure suggests that preventive measures are also required." @default.
• W3122035474 created "2021-02-01" @default.
• W3122035474 creator A5040867517 @default.
• W3122035474 creator A5076530908 @default.
• W3122035474 creator A5086787303 @default.
• W3122035474 date "1998-01-01" @default.
• W3122035474 modified "2023-09-25" @default.
• W3122035474 title "Asset Bubbles, Domino Effects and 'Lifeboats' Elements of the East Asian Crisis" @default.
• W3122035474 cites W1486263934 @default.
• W3122035474 cites W1488441973 @default.
• W3122035474 cites W1584676945 @default.
• W3122035474 cites W2047314649 @default.
• W3122035474 cites W2054688634 @default.
• W3122035474 cites W2069341621 @default.
• W3122035474 cites W2098224216 @default.
• W3122035474 cites W2150379105 @default.
• W3122035474 cites W2329883720 @default.
• W3122035474 cites W4230161596 @default.
• W3122035474 cites W4235868232 @default.
• W3122035474 cites W4236584637 @default.
• W3122035474 doi "https://doi.org/10.2139/ssrn.93688" @default.
• W3122035474 hasPublicationYear "1998" @default.
• W3122035474 type Work @default.
• W3122035474 sameAs 3122035474 @default.
• W3122035474 citedByCount "38" @default.
• W3122035474 countsByYear W31220354742014 @default.
• W3122035474 countsByYear W31220354742015 @default.
• W3122035474 countsByYear W31220354742017 @default.
• W3122035474 countsByYear W31220354742022 @default.
• W3122035474 crossrefType "journal-article" @default.
• W3122035474 hasAuthorship W3122035474A5040867517 @default.
• W3122035474 hasAuthorship W3122035474A5076530908 @default.
• W3122035474 hasAuthorship W3122035474A5086787303 @default.
• W3122035474 hasBestOaLocation W31220354742 @default.
• W3122035474 hasConcept C10138342 @default.
• W3122035474 hasConcept C139719470 @default.
• W3122035474 hasConcept C141121606 @default.
• W3122035474 hasConcept C144133560 @default.
• W3122035474 hasConcept C162324750 @default.
• W3122035474 hasConcept C166957645 @default.
• W3122035474 hasConcept C183582576 @default.
• W3122035474 hasConcept C191935318 @default.
• W3122035474 hasConcept C201543015 @default.
• W3122035474 hasConcept C205649164 @default.
• W3122035474 hasConcept C2776988154 @default.
• W3122035474 hasConcept C2777910564 @default.
• W3122035474 hasConcept C2778300220 @default.
• W3122035474 hasConcept C38652104 @default.
• W3122035474 hasConcept C41008148 @default.
• W3122035474 hasConcept C4163816 @default.
• W3122035474 hasConcept C552438157 @default.
• W3122035474 hasConcept C556758197 @default.
• W3122035474 hasConcept C73283319 @default.
• W3122035474 hasConcept C76178495 @default.
• W3122035474 hasConcept C76775654 @default.
• W3122035474 hasConceptScore W3122035474C10138342 @default.
• W3122035474 hasConceptScore W3122035474C139719470 @default.
• W3122035474 hasConceptScore W3122035474C141121606 @default.
• W3122035474 hasConceptScore W3122035474C144133560 @default.
• W3122035474 hasConceptScore W3122035474C162324750 @default.
• W3122035474 hasConceptScore W3122035474C166957645 @default.
• W3122035474 hasConceptScore W3122035474C183582576 @default.
• W3122035474 hasConceptScore W3122035474C191935318 @default.
• W3122035474 hasConceptScore W3122035474C201543015 @default.
• W3122035474 hasConceptScore W3122035474C205649164 @default.
• W3122035474 hasConceptScore W3122035474C2776988154 @default.
• W3122035474 hasConceptScore W3122035474C2777910564 @default.
• W3122035474 hasConceptScore W3122035474C2778300220 @default.
• W3122035474 hasConceptScore W3122035474C38652104 @default.
• W3122035474 hasConceptScore W3122035474C41008148 @default.
• W3122035474 hasConceptScore W3122035474C4163816 @default.
• W3122035474 hasConceptScore W3122035474C552438157 @default.
• W3122035474 hasConceptScore W3122035474C556758197 @default.
• W3122035474 hasConceptScore W3122035474C73283319 @default.
• W3122035474 hasConceptScore W3122035474C76178495 @default.
• W3122035474 hasConceptScore W3122035474C76775654 @default.
• W3122035474 hasLocation W31220354741 @default.
• W3122035474 hasLocation W31220354742 @default.
• W3122035474 hasLocation W31220354743 @default.
• W3122035474 hasLocation W31220354744 @default.
• W3122035474 hasOpenAccess W3122035474 @default.
• W3122035474 hasPrimaryLocation W31220354741 @default.
• W3122035474 hasRelatedWork W1486263934 @default.
• W3122035474 hasRelatedWork W152910571 @default.
• W3122035474 hasRelatedWork W1558285228 @default.
• W3122035474 hasRelatedWork W1561159061 @default.
• W3122035474 hasRelatedWork W1589078644 @default.
• W3122035474 hasRelatedWork W2001891240 @default.
• W3122035474 hasRelatedWork W2009492905 @default.
• W3122035474 hasRelatedWork W2090821721 @default.
• W3122035474 hasRelatedWork W2112559425 @default.
• W3122035474 hasRelatedWork W2125683085 @default.
• W3122035474 hasRelatedWork W2128180562 @default.
• W3122035474 hasRelatedWork W2157509893 @default.
• W3122035474 hasRelatedWork W2172046571 @default.
• W3122035474 hasRelatedWork W3122028865 @default.
• W3122035474 hasRelatedWork W3123915533 @default.
• W3122035474 hasRelatedWork W3124227471 @default.
• W3122035474 hasRelatedWork W3124756800 @default.
• W3122035474 hasRelatedWork W3125257712 @default.

• next