Bordo, Michael David; Hargreaves, David; Kida, Mizuho - National Bureau of Economic Research (NBER) - 2010
We identify the timing of currency, banking crises and sudden stops in New Zealand from 1880 to 2008, and consider the extent to which empirical models can explain New Zealand's crisis history. We find that the cross country evidence on the determinants of crises fits New Zealand experience...