by
Brad Mr. Setser, Ioannis Mr. Halikias, Alexander Mr. Pitt
Language: English
Release Date: October 24, 2005
The analysis of currency and maturity mismatches in sectoral balance sheets has increasingly become a regular element in the IMF’s tool kit for surveillance in emerging market countries. This paper describes this so-called balance sheet approach and shows how it can be applied to detect vulnerabilities...