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This paper offers a "panoramic" 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 episodes...
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Frontmatter -- CONTENTS -- LIST OF TABLES -- LIST OF FIGURES -- LIST OF BOXES -- PREFACE -- ACKNOWLEDGMENTS -- PREAMBLE: SOME INITIAL INTUITIONS ON FINANCIAL FRAGILITY AND THE FICKLE NATURE OF CONFIDENCE -- PART I. Financial Crises: An Operational Primer -- PART II. Sovereign External Debt...
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worthy of a longer book. In a world where every second counts, how better to stay up-to speed on current events and digest … world where information is everywhere but quality is at a premium. The Second Great Contraction does just that. …: Emerging Europe, 1300-1799 -- Capital Inflows and Default: An "Old World" Story -- External Sovereign Default after 1800: A …
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This Time is Different: Eight Centuries of Financial Folly is one of the best, if not the best, books ever written on the history of financial crises. It presents a comprehensive survey of financial crises utilizing an extraordinary database of macroeconomic and financial series. The massive...
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