Visualitza per autor "Schmukler, Sergio L."

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  • Broner, Fernando; Didier, Tatiana; Erce, Aitor; Schmukler, Sergio L. (2010-06-01)
  • Broner, Fernando; Lorenzoni, Guido; Schmukler, Sergio L. (2003-08-01)
    We argue that one reason why emerging economies borrow short term is that it is cheaper than borrowing long term. This is especially the case during crises, as in these episodes the relative cost of long-term borrowing ...