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Iwan Jaya Azis, 1953-, author
Krugman used the Bernanke-Gertler model to explain the Asian Crisis. This model implies that macroeconomic shocks am decrease credit creation by reducing firms' creditworthiness or by eroding hank capital. Foreign banks in Indonesia should he less likely to restrict credit following macaroeconomic shocks than domestic banks because they employed better...
2004
EFIN-52-3-Des2004-279
Artikel Jurnal Universitas Indonesia Library