Capital-Markets Crisis and Economic Collapse in Emerging Markets: An Informational-Frictions Approach
提出一个基于信息摩擦的理论框架，解释新兴市场为何会突然发生资本市场危机并导致经济崩溃，对研究国际金融和宏观经济的学者有参考价值。
Capital-Markets Crises and Economic Collapse in Emerging Markets: An Informational-Frictions Approach by Guillermo A. Calvo and Enrique G. Mendoza. Published in volume 90, issue 2, pages 59-64 of American Economic Review, May 2000