Rose, Andrew K.; Spiegel, Mark M. - Federal Reserve Bank of San Francisco - 2009
unable to link most of the commonly cited causes of the crisis to its incidence across countries. This negative finding in …This paper models the causes of the 2008 financial crisis together with its manifestations, using a Multiple Indicator … consequences of the crisis, ignoring crosscountry "contagion" effects. Our model of the incidence of the crisis combines 2008 …