Sudden Financial Arrest
This paper was presented as the Mundell-Fleming Lecture at the Tenth Jacques Polak Annual Research Conference at the International Monetary Fund in Washington held November 5–6, 2009.
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Format: | Article |
Language: | en_US |
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Palgrave Macmillan
2011
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Online Access: | http://hdl.handle.net/1721.1/64707 https://orcid.org/0000-0003-2760-451X |
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author | Caballero, Ricardo J. |
author2 | Massachusetts Institute of Technology. Department of Economics |
author_facet | Massachusetts Institute of Technology. Department of Economics Caballero, Ricardo J. |
author_sort | Caballero, Ricardo J. |
collection | MIT |
description | This paper was presented as the Mundell-Fleming Lecture at the Tenth Jacques Polak Annual Research Conference at the International Monetary Fund in Washington held November 5–6, 2009. |
first_indexed | 2024-09-23T09:07:17Z |
format | Article |
id | mit-1721.1/64707 |
institution | Massachusetts Institute of Technology |
language | en_US |
last_indexed | 2024-09-23T09:07:17Z |
publishDate | 2011 |
publisher | Palgrave Macmillan |
record_format | dspace |
spelling | mit-1721.1/647072022-09-26T10:36:17Z Sudden Financial Arrest Caballero, Ricardo J. Massachusetts Institute of Technology. Department of Economics Caballero, Ricardo J. Caballero, Ricardo J. This paper was presented as the Mundell-Fleming Lecture at the Tenth Jacques Polak Annual Research Conference at the International Monetary Fund in Washington held November 5–6, 2009. There are striking and terrifying similarities between the sudden failure of a heart and that of a financial system. In the medical literature, the former is referred to as sudden cardiac arrest. By analogy, I refer to its financial counterpart as a sudden financial arrest. In this article I describe the latter and its treatment guided by its medical counterpart. 2011-06-29T18:26:05Z 2011-06-29T18:26:05Z 2010-07 2009-11 Article http://purl.org/eprint/type/JournalArticle 2041-4161 2041-417X http://hdl.handle.net/1721.1/64707 Caballero, Ricardo J. "Sudden Financial Arrest." IMF Economic Review, 2010/07/20/online https://orcid.org/0000-0003-2760-451X en_US http://dx.doi.org/10.1057/imfer.2010.1 IMF Economic Review Creative Commons Attribution-Noncommercial-Share Alike 3.0 http://creativecommons.org/licenses/by-nc-sa/3.0/ application/pdf Palgrave Macmillan Prof. Caballero via Kate McNeill |
spellingShingle | Caballero, Ricardo J. Sudden Financial Arrest |
title | Sudden Financial Arrest |
title_full | Sudden Financial Arrest |
title_fullStr | Sudden Financial Arrest |
title_full_unstemmed | Sudden Financial Arrest |
title_short | Sudden Financial Arrest |
title_sort | sudden financial arrest |
url | http://hdl.handle.net/1721.1/64707 https://orcid.org/0000-0003-2760-451X |
work_keys_str_mv | AT caballeroricardoj suddenfinancialarrest |