Catalytic finance: When does it work?

By Stephen Morris, Hyun Song Shin. 2006

202 citations recorded by the source corpus.

Subfields: Finance, Political Science and International Relations

View Paper: https://www.semanticscholar.org/paper/aa7f7d16d95776b6d0082408b6f52f0fdc71ccbd

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Finance

1. Y. Korniyenko
2. Elena Loukoianova
3. Alexander Pivovarsky
4. Ralph De Haas
5. Neeltje van Horen

In Political Science and International Relations

1. Ralph De Haas
2. Elena Loukoianova

Citations in the corpus

• Foreign Banks and the Vienna Initiative: Turning Sinners into Saints? (2012, background): “In a similar vein, Morris and Shin (2006) demonstrate that catalytic finance works if it provides a country with incentives to keep up adjustment efforts without distorting creditors’ roll-over decisions.”
• The "Mystery of the Printing Press" Monetary Policy and Self-fulfilling Debt Crises (2016, unknown): “…the incentives for a government to undertake costly actions to strengthen the economic resilience to fiscal stress–the opposite of the “moral hazard” consequences of a bailout (see Morris and Shin 2006, Corsetti et al. 2005, Corsetti and Dedola 2011 and Nicolini et al. 2014 among others).”