Domestic financial frictions and the transmission of foreign shocks in Chile
In the early 90’s a literature emerged emphasizing the role of external factors in explaining business cycle fluctuations in emerging countries. In particular changes in the terms of trade and world interest rates are generally viewed as the main external factors affecting these economies. Additiona...
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Banco Central de Chile
2019
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oai-20.500.12580-38162021-04-24T11:09:18Z Domestic financial frictions and the transmission of foreign shocks in Chile García-Cicco, Javier Kirchner, Markus Justel V., Santiago CICLOS ECONÓMICOS TASAS DE INTERÉS In the early 90’s a literature emerged emphasizing the role of external factors in explaining business cycle fluctuations in emerging countries. In particular changes in the terms of trade and world interest rates are generally viewed as the main external factors affecting these economies. Additionally part of this literature has also highlighted the role of financial frictions in explaining the propagation of external shocks where these frictions arise in the relationship between foreign lenders and domestic borrowers. 2019-11-01T00:07:05Z 2019-11-01T00:07:05Z 2015 Artículo 978-956-7421-47-3 https://hdl.handle.net/20.500.12580/3816 eng Series on Central Banking Analysis and Economic Policies no. 20 Attribution-NonCommercial-NoDerivs 3.0 Chile http://creativecommons.org/licenses/by-nc-nd/3.0/cl/ .pdf Sección o Parte de un Documento p. 159-222 application/pdf Banco Central de Chile |
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Banco Central |
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Banco Central |
language |
eng |
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CICLOS ECONÓMICOS TASAS DE INTERÉS |
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CICLOS ECONÓMICOS TASAS DE INTERÉS García-Cicco, Javier Kirchner, Markus Justel V., Santiago Domestic financial frictions and the transmission of foreign shocks in Chile |
description |
In the early 90’s a literature emerged emphasizing the role of external factors in explaining business cycle fluctuations in emerging countries. In particular changes in the terms of trade and world interest rates are generally viewed as the main external factors affecting these economies. Additionally part of this literature has also highlighted the role of financial frictions in explaining the propagation of external shocks where these frictions arise in the relationship between foreign lenders and domestic borrowers. |
format |
Artículo |
author |
García-Cicco, Javier Kirchner, Markus Justel V., Santiago |
author_facet |
García-Cicco, Javier Kirchner, Markus Justel V., Santiago |
author_sort |
García-Cicco, Javier |
title |
Domestic financial frictions and the transmission of foreign shocks in Chile |
title_short |
Domestic financial frictions and the transmission of foreign shocks in Chile |
title_full |
Domestic financial frictions and the transmission of foreign shocks in Chile |
title_fullStr |
Domestic financial frictions and the transmission of foreign shocks in Chile |
title_full_unstemmed |
Domestic financial frictions and the transmission of foreign shocks in Chile |
title_sort |
domestic financial frictions and the transmission of foreign shocks in chile |
publisher |
Banco Central de Chile |
publishDate |
2019 |
url |
https://hdl.handle.net/20.500.12580/3816 |
work_keys_str_mv |
AT garciaciccojavier domesticfinancialfrictionsandthetransmissionofforeignshocksinchile AT kirchnermarkus domesticfinancialfrictionsandthetransmissionofforeignshocksinchile AT justelvsantiago domesticfinancialfrictionsandthetransmissionofforeignshocksinchile |
_version_ |
1718346741262057472 |