Results 21 to 30 of about 60,647 (283)
Are Financial Crises Alike? [PDF]
IMF Working Papers, 2010 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
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Political Booms, Financial Crises [PDF]
SSRN Electronic Journal, 2014 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
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The Anatomy of Financial Crises [PDF]
, 1987 A financial crisis is a disturbance to financial markets, associated typically with falling asset prices and insolvency among debtors and intermediaries, which spreads through the financial system, ...
Eichengreen, Barry, Portes, Richard
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Financial globalization, financial crises and contagion [PDF]
Journal of Monetary Economics, 2010 Abstract Two observations suggest that financial globalization played an important role in the recent financial crisis. First, more than half of the rise in net borrowing of the U.S. non-financial sectors since the mid-1980s has been financed by foreign lending. Second, the collapse of the U.S.
Enrique G. Mendoza, Vincenzo Quadrini
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Financial Stress Indices and Financial Crises [PDF]
Open Economies Review, 2015 This paper develops a Financial Stress Index (FSI) for 28 OECD countries and examines its relationship to crises using a novel database for financial crises. A stress index measures the current state of stress in the financial system and summarizes it in a single statistic.
Marco Hoeberichts +8 more
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Interconnectedness, systemic crises, and recessions
Latin American Journal of Central Banking, 2020 In this paper, we construct a simple model designed to capture four widely held views about financial crises: [1] Interconnectedness among financial institutions (banks) can play a major role in precipitating systemic financial crises.
Marco A. Espinosa-Vega, Steven Russell
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Bank Opacity and Financial Crises [PDF]
SSRN Electronic Journal, 2018 This paper studies a model of endogenous bank opacity. In the model, bank opacity is costly for society because it reduces market discipline and encourages banks to take on too much risk. This is true even in the absence of agency problems between banks and the ultimate bearers of the risk.
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An Early Warning System for Detection of Financial Crises in the Economy of Iran [PDF]
فصلنامه پژوهشهای اقتصادی ایران, 2004 Due to negative effects of financial crises on the real sectors of the economy, and the consequent recessionary impacts of them, the idea of forecasting financial crises via an early warning system has become a subject of interest to researchers ...
Morteza Naderi
doaj
Banking Crises and Financial Integration [PDF]
SSRN Electronic Journal, 2012 This paper explores whether the level of financial integration of banks in a country increases the incidence of systemic banking crises. The paper uses a de facto proxy for financial integration based on network statistics of banks participating in the global market of interbank syndicated loans.
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The Investigation of Earning Management Effects on Earning Quality in Firms Under Financial Crises [PDF]
مجله دانش حسابداری, 2013 This paper analyzes earning management in firms under financial crises and its effects on earning quality compared with other firms during 2005-2010, using the data of 32 firms under financial crises and 82 other firms to test research hypothesis.
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