Ordonez, Guillermo; Trebesch, Christoph; Herrera, Helios - Society for Economic Dynamics - SED - 2013
Credit booms seem to be among the main predictors of financial crises. We find that, in emerging economies, political booms measured by increases in incumbents' popularity are important predictors too, not only of financial crises but of economic crises more generally. We propose a model in...
