Results 11 to 20 of about 60,647 (283)
Acta Economica, 2009 It seems that all generations are sinful. This generation has also failed and allowed for the crisis to happen of debtors, banking, currency exchange, stock exchange and economy.
Ljubo Jurčić, PhD
doaj +3 more sources
Financial Institutions, Financial Contagion, and Financial Crises [PDF]
IMF Working Papers, 2000 Financial crises are endogenized through corporate and interbank market institutions. Single-bank financing leads to a pooling equilibrium in the interbank market. With private information about one’s own solvency, the best illiquid banks will not borrow but rather will liquidate some premature assets.
Haizhou Huang, Chenggang Xu
+11 more sources
Financial Crises and Climate Change. [PDF]
Comp Econ Stud, 2023 Abstract We empirically assess by means of the local projection method, the impact of financial crises on climate change vulnerability and resilience. Using a new dataset covering 178 countries over the period 1995–2017, we observe that resilience to climate change shocks has been increasing and that advanced economies are the least vulnerable.
Jalles JT.
europepmc +5 more sources
Resolution of financial crises [PDF]
Journal of Economic Dynamics and Control, 2021 A financial crisis creates substantial wealth losses. How these losses are allocated determines the magnitude of the crisis and the path to recovery. We study how institutions and technological factors that shape default and debt restructuring decisions affect the amplification of aggregate shocks.
Fanelli S., Gonzalez-Eiras M.
openaire +4 more sources
Predictable Financial Crises [PDF]
SSRN Electronic Journal, 2020 ABSTRACTUsing historical data on postwar financial crises around the world, we show that the combination of rapid credit and asset price growth over the prior three years, whether in the nonfinancial business or the household sector, is associated with a 40% probability of entering a financial crisis within the next three years.
Greenwood, Robin +3 more
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Debt and Financial Crises [PDF]
SSRN Electronic Journal, 2020 Emerging market and developing economies have experienced recurrent episodes of rapid debt accumulation over the past fifty years. This paper examines the consequences of debt accumulation using a three-pronged approach: an event study of debt accumulation episodes in 100 emerging market and developing economies since 1970; a series of econometric ...
Koh, Wee Chian +4 more
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Financial Crises and Political Crises [PDF]
Journal of Monetary Economics, 2005 Abstract The simultaneous determination of financial default and political crises is studied in an open economy model. Political crises accompany default in equilibrium because of an information transmission conflict between the government and the public.
Roberto Chang, Roberto Chang
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The Aftermath of Financial Crises [PDF]
American Economic Review, 2008 This paper examines the depth and duration of the slump that invariably follows severe financial crises, which tend to be protracted affairs. We find that asset market collapses are deep and prolonged. On a peak-to-trough basis, real housing price declines average 35 percent stretched out over six years, while equity price collapses average 55 percent ...
Carmen Reinhart +2 more
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MORTALITY AND FINANCIAL CRISES [PDF]
Journal of International Development, 2013 Drawing on a dataset covering more than 100 countries from 1970 to 2007, we estimate the impact of different types of financial crises on male and female mortality. We find that only currency crises have a direct short-term impact on mortality rates.
Tomasz Mickiewicz +3 more
openaire +2 more sources
On the Epidemic of Financial Crises [PDF]
SSRN Electronic Journal, 2012 SummaryThe paper proposes a framework for modelling financial contagion that is based on susceptible–infected–recovered transmission models from epidemic theory. This class of models addresses two important features of contagion modelling, which are a common shortcoming of most existing empirical approaches, namely the direct modelling of the inherent ...
Demiris, Nikolaos +2 more
openaire +5 more sources