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To identify the effect of social capital on financial development, we exploit the well-known differences in social …
Persistent link: https://www.econbiz.de/10005662398
This paper models the causes of the 2008 financial crisis together with its manifestations, using a Multiple Indicator … are both national (such as equity market run-ups that preceded the crisis) and, critically, international financial and … securities that deteriorate in value is exposed to an American crisis through a financial channel. Similarly, a country which …
Persistent link: https://www.econbiz.de/10008528523
, macroeconomic and financial influences are not closely associated with the cross-country incidence of speculative attacks. We also …
Persistent link: https://www.econbiz.de/10005136645
the global financial crisis. This is due in part to the fact that many small economies continue to use hard exchange rate … data from more than 170 countries from 2007 through 2012 and find that the macroeconomic and financial consequences of … hard fixers have been similar to those for inflation targeters during the Global Financial Crisis and its aftermath. …
Persistent link: https://www.econbiz.de/10011083734