Rural-urban transformation and village economy in emerging market economies during economic crisis: empirical evidence from Thailand

2011 ◽  
Vol 4 (2) ◽  
pp. 205-219 ◽  
Author(s):  
T. Godecke ◽  
H. Waibel
2006 ◽  
Vol 06 (228) ◽  
pp. 4 ◽  
Author(s):  
Jean-François Segalotto ◽  
Marco Arnone ◽  
Bernard Laurens ◽  
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...  

2021 ◽  
Author(s):  
Gabriel Cuadra ◽  
Victoria Nuguer

Advanced economies (AEs) transmit economic crisis to Emerging Market Economies (EMEs) through cross-border bank flows, impacting their output, credit, and assets prices. Empirical evidence suggests that the transmission of the crisis from AEs to EMEs is higher in the absence of macro-prudential policy. A macro-prudential policy in the form of a levy on EMEs banks, when credit grows faster than deposits, reduces the propagation of AEs crisis to EMEs: the consumption drop is 12 percent lower, and the reaction of the labor market smoother, so consumers are better off with the policy than without it.


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