Showing 1 - 10 of 125
Persistent link: https://www.econbiz.de/10011613312
Persistent link: https://www.econbiz.de/10011733554
Persistent link: https://www.econbiz.de/10011621748
In this paper we connect the events of the last twelve months, "The Panic of 2008" as it has been called, to the demand for international reserves. In previous work, we have shown that international reserve demand can be rationalized by a central bank's desire to backstop the broad money supply...
Persistent link: https://www.econbiz.de/10012463821
Financial crises have large deleterious effects on economic activity, and as such have been the focus of a large body of research. This study surveys the existing literature on financial crises, exploring how crises are measured, whether they are predictable, and why they are associated with...
Persistent link: https://www.econbiz.de/10013215573
Persistent link: https://www.econbiz.de/10013535940
Persistent link: https://www.econbiz.de/10003487374
Persistent link: https://www.econbiz.de/10009705803
Persistent link: https://www.econbiz.de/10011457578
Is there a link between loose monetary conditions, credit growth, house price booms, and financial instability? This paper analyzes the role of interest rates and credit in driving house price booms and busts with data spanning 140 years of modern economic history in the advanced economies. We...
Persistent link: https://www.econbiz.de/10010468583