Showing 1 - 6 of 6
in the summer of 2007 is unprecedented in the post World War II era and, as such, the most relevant comparison benchmark …
Persistent link: https://www.econbiz.de/10013108287
This paper offers a quot;panoramicquot; analysis of the history of financial crises dating from England's fourteenth-century default to the current United States sub-prime financial crisis. Our study is based on a new dataset that spans all regions. It incorporates a number of important credit...
Persistent link: https://www.econbiz.de/10012772366
We develop a novel system of re-classifying historical exchange rate regimes. One difference between our study and previous classification efforts is that we employ an extensive data base on market-determined parallel exchange rates. Our 'natural' classification algorithm leads to a stark...
Persistent link: https://www.econbiz.de/10013221504
Over the last 20 years, some financial events, such as devaluations or defaults, have triggered an immediate adverse chain reaction in other countries -- which we call fast and furious contagion. Yet, on other occasions, similar events have failed to trigger any immediate international reaction....
Persistent link: https://www.econbiz.de/10013221538
cycles, banking and sovereign debt crises, hyperinflation, and, for the post World War II period, the reliance on IMF …
Persistent link: https://www.econbiz.de/10013146940
analysis is on three related hypotheses tested with both "world" aggregate levels and on an individual country basis. First …
Persistent link: https://www.econbiz.de/10013147119