Results 41 to 50 of about 1,966,704 (347)
Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870-2008
The crisis of the advanced economies in 2008-09 has focused new attention on money and credit fluctuations, financial crises, and policy responses. We study the behavior of money, credit, and macroeconomic indicators over the long run based on a new ...
M. Schularick, Alan M. Taylor
semanticscholar +1 more source
This paper presents a tractable, transparent and broad-based domestic cyclical systemic risk indicator (d-SRI) that captures risks stemming from domestic credit, real estate markets, asset prices, and external imbalances.
J. Lang+3 more
semanticscholar +1 more source
COVID-19 and the financial system: a tale of two crises
This paper compares and contrasts the resilience of the financial system, in particular banks, during the Global Financial Crisis and COVID-19. We show that banks are now part of the solution, rather than part of the problem, thanks to regulatory and ...
J. Giese, A. Haldane
semanticscholar +1 more source
Multiple-bubble testing in the cryptocurrency market: a case study of bitcoin [PDF]
Economic periods and financial crises have highlighted the importance of evaluating financial markets to investors and researchers in recent decades.
arxiv
The Information View of Financial Crises
Short-term debt that can serve as a medium of exchange is designed to be information insensitive. No one should be tempted to acquire private information to gain an informational advantage in trading that could destabilize the value of the debt.
Tri Vi Dang+2 more
semanticscholar +1 more source
News Cohesiveness: an Indicator of Systemic Risk in Financial Markets [PDF]
Motivated by recent financial crises significant research efforts have been put into studying contagion effects and herding behaviour in financial markets. Much less has been said about influence of financial news on financial markets. We propose a novel measure of collective behaviour in financial news on the Web, News Cohesiveness Index (NCI), and ...
arxiv +1 more source
Fiscal Space and the Aftermath of Financial Crises: How It Matters and Why
:In a sample of 30 countries during the period 1980–2017, those with lower debt-to-GDP ratios responded to financial distress with much more expansionary fiscal policy and suffered much less severe aftermaths.
Christina D. Romer, D. Romer
semanticscholar +1 more source
An Early Warning System for Detection of Financial Crises in the Economy of Iran [PDF]
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
The Investigation of Earning Management Effects on Earning Quality in Firms Under Financial Crises [PDF]
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.
doaj +1 more source
Complexity-based Financial Stress Evaluation [PDF]
Financial markets typically exhibit dynamically complex properties as they undergo continuous interactions with economic and environmental factors. The Efficient Market Hypothesis indicates a rich difference in the structural complexity of security prices between normal (stable markets) and abnormal (financial crises) situations.
arxiv