Results 21 to 30 of about 2,468,442 (258)
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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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
openaire +7 more sources
On the Epidemic of Financial Crises [PDF]
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
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Interaction between Trade Flows and Contagion of Financial Crises in Emerging Market Countries: Approach of Simultaneous Equations with Discrete Dependent Variable in Panel Data [PDF]
Financial crises have been frequently occurred in the global economy, and due to the negative impacts of financial crises on the real sectors performances, the economists tried to predict them.
Mehdi Yazdani, Ali Esmaeili
doaj +1 more source
Are Financial Crises Alike? [PDF]
This paper investigates whether financial crises are alike by considering whether a single modeling framework can fit multiple distinct crises in which contagion effects link markets across national borders and asset classes. The crises considered are Russia and LTCM in the second half of 1998, Brazil in early 1999, dot-com in 2000, Argentina in 2001 ...
MArdi Dungey+4 more
openaire +3 more sources
Political Booms, Financial Crises [PDF]
We show that political booms, measured by the rise in governments’ popularity, predict financial crises above and beyond other better-known early warning indicators, such as credit booms. This predictive power, however, only holds in emerging economies. We show that governments in emerging economies are more concerned about their reputation and tend to
Guillermo Ordoñez+4 more
openaire +10 more sources
TYPES OF FINANCIAL CRISES [PDF]
In the context of globalization and internationalization of the financial markets, issues resulting from financial crises are becoming increasingly serious and substantial, creating a lot of discussion among experts, worldwide.
MERI BOSHKOSKA
doaj
Dissecting Mechanisms of Financial Crises: Intermediation and Sentiment
We develop a model of financial crises with both a financial amplification mechanism, via frictional intermediation, and a role for sentiment, via time-varying beliefs about an illiquidity state.
A. Krishnamurthy, Wenhao Li
semanticscholar +1 more source
Answering the Queen: Machine Learning and Financial Crises
Financial crises cause economic, social and political havoc. Macroprudential policies are gaining traction but are still severely under-researched compared to monetary policy and fiscal policy.
Jérémy Fouliard+2 more
semanticscholar +1 more source
Political Environment and Financial Crises
This paper assesses the role of the political environment in the timing of financial crises over a sample of 85 countries during the period 1975-2017. We consider systemic banking, currency, and sovereign debt crises in addition to twin and triple crises.
Thanh Cong Nguyen+2 more
semanticscholar +1 more source