This paper evaluates how the global financial crisis emanating from the U.S. was transmitted to emerging markets. Our … focus is on the extent that the crisis caused external market pressures (EMP), and whether the absorption of the shock was … crisis. Countries with large balance sheet exposure – high external portfolio liabilities exceeding international reserves …

Citizens’ trust in economic institutions has generally declined since the onset of the crisis. In particular …, Eurobarometer surveys show that trust in the European Central Bank (ECB) has fallen significantly during the crisis. This paper …

We consider three “crisis shocks” related to key features of the 2007–2008 crisis, for emerging and developed economies … statistically significant influences on residual equity returns during the crisis period (after controlling for normal risk factors … generally less severe or absent in non-crisis periods. Relative to developed economies, emerging markets are more responsive to …

affiliates which have significant rural branch network. Starting with the financial crisis of Fall 2008, bank lending to NBFCs …

financial crisis, we confirm that the steeply rising CDS spreads are due to increased credit risk. However, individual CDS … liquidity and market wide liquidity premia played a dominant role. In the period before the start of the crisis, our model and …

During the 2007–09 financial crisis, the banking sector received an extraordinary level of public support. In this …