English, Article, Journal or magazine article edition: Industrial portfolio responses to macroeconomic shocks : an econometric model for developing countries Tybout, James R.; Bark, Taeho

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/166171
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Industrial portfolio responses to macroeconomic shocks : an econometric model for developing countries
Author
  • Tybout, James R.
  • Bark, Taeho
Physical Description
  • preprint
Notes
  • This study identifies the macro conditions under which industrial growth and financial stability are most likely, and those conditions which are most prone to create disaster. The paper models interest rates, exchange rates, and aggregate demand conditions as affecting industrial growth and financial risk through two channels. First, because these variables affect firms'income, they affect firms net worth expansion. Second, because the link between macro variables and income depends upon the proportions in which firms hold fixed capital, inventories, financial assets, and debts, changes in macro variables also induce portfolio adjustments. The paper then develops an empirical model which allows one to calibrate the strength and timing of each effect. The paper is composed of two sections; one to develop the model, and one to report an application to Uruguayan data. There is also a brief summary section.
  • Economic Theory&​Research,Environmental Economics&​Policies,International Terrorism&​Counterterrorism,Banks&​Banking Reform,Fiscal&​Monetary Policy
  • RePEc:wbk:wbrwps:103
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment