investment books of all time by the Financial Times, Manias, Panics and Crashes puts the turbulence of the financial world in …

information on government actions undertaken in response to bank distress. Weformulate a simple theoretical model of a banking … industry which we use to identify and constructtheory-based measures of systemic bank shocks (SBS). Using both country … have appeared in the literature. Therefore, BC indicatorsactually measure lagged government responses to systemic bank …

of financial crises, showing that money is taken out of circulation when bank loans are paid back. This key insight is at … economy that cannot generate enough demand for its own goods and services. Financial crises result when bank lending slows … down or comes to a halt – while outstanding bank loans are still due for repayment. The mechanism is discussed in detail …

the probability of financial crisis. It finds that greater tax bias is associated with significantly higher aggregate bank …

associated with a specific bank. Our approach defines the banking system as a portfolio of banks and infers the system …

-- Jeffrey Shafer -- 8. Financial crisis and bank capital- Robert Aliber -- 9. Three Reflections on Banking Regulation and Cross …. After 100 years of experimenting: One solution?- Asgeir Jonsson -- 18. Iceland should replace its central bank with a …

– December 2010)Hungarian Double Dip (2011-2012)Farewell to the Central Bank (2013)Lessons and Aftermath. . … in 2007-2013. Written by Júlia Király, a former policymaker, and the Deputy Governor of the Hungarian Central Bank at the … “emerging world” in passing. However, Central and Eastern Europe experienced the crisis very differently than other emerging …