Results 11 to 20 of about 2,508,039 (369)
Resolution of financial crises [PDF]
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.
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Debt and Financial Crises [PDF]
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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The Impact of Financial Crises on the Informal Economy: The Turkish Case [PDF]
Turkey has a large informal economy and has been hit by severe financial crises causing a devastating impact on its economy. The main objective of this paper is to analyse the impact of financial crises on the informal economy in Turkey.
Neslihan Kahyalar+2 more
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Financial Crises and Political Crises [PDF]
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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Monetary Policy and Endogenous Financial Crises
Excessive economic booms sometimes lead to financial crises and severe recessions. We study whether central banks should take such booms and the associated financial stability risks into account when they set their policy rate, even though this may come at
F. Boissay+3 more
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MORTALITY AND FINANCIAL CRISES [PDF]
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
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Examining Systemic Risk using Google PageRank Algorithm: An Application to Indian Non-Bank Financial Companies (NBFCs) Crisis [PDF]
In the recent financial crises, attention has shifted towards "too-central-to-fail" to recognize the sources of systemic risk. The NBFC Crisis of 2018-19 adversely affected other financial institutions and the real economy of India.
Anurag Chaturvedi, Archana Singh
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The Aftermath of Financial Crises [PDF]
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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Banking crises and financial instability: Empirical and historical lessons [PDF]
The paper examines the importance of financial instability for the development of four Norwegian banking crises. The crises are the Post First World War Crisis during the early 1920s, the mid 1920s Monetary Crisis, the Great Depression in the 1930s, and ...
Ola Honningdal Grytten
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This article investigates the effect of different economic and financial crises, such as inflation crisis, stock market crash, debt crisis, and banking crisis on international tourism flows using a panel gravity data set of 200 countries over the period ...
Usman Khalid, L. Okafor, M. Shafiullah
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