Showing 1 - 10 of 239
expectations amplify boom and bust cycles and how endogenous coordination on pessimistic expectations amplifies crises and slows …
Persistent link: https://www.econbiz.de/10011157186
The study aims at developing an Early Warning System for predicting balance of payments crises for 17 emerging … as the core of a larger set of variables on their radar to take pre-emptive measures to avoid crises or dampen their …
Persistent link: https://www.econbiz.de/10011234974
expectations amplify boom and bust cycles and how endogenous coordination on pessimistic expectations amplifies crises and slows …
Persistent link: https://www.econbiz.de/10011257071
The last decade witnessed an unprecedented economic growth in Emerging Market Economies (EMEs). EMEs have also been the main drivers of growth in the recovery following the global financial crisis. Nevertheless, EMEs continue to face a number of institutional and structural challenges that may...
Persistent link: https://www.econbiz.de/10011260755
We examine the impact, on commodity derivative markets, of two financial crises: the Subprime crisis and the bankruptcy … of Lehman Brothers. These crises are "external" for commodity markets: they appeared in the financial sphere. Still … crises? Then we concentrate on the paths of shocks propagation: are they modified? How? Finally we focus on the centrality of …
Persistent link: https://www.econbiz.de/10011205310
during financial crises. That is to say that, ex post or crisis-management policies dominate ex ante or macro-prudential ones. …
Persistent link: https://www.econbiz.de/10008871047
The article analyses the notion of fictitious capital in Marx, and the idea of autonomy of circulation in relation to production. It explores, after this theoretical analysis, the evolution of financialization of the economies as development of fictitious capital and its relation with the...
Persistent link: https://www.econbiz.de/10008914828
effects of both events and of a combination of both crises are analysed by applying a dynamic interindustry model. That not …
Persistent link: https://www.econbiz.de/10009002036
anchor for monetary policy in inflation stabilizations of the late 1980s and early 1990s. After the currency crises of 1994 …-2009, the tables have turned: economists should now consider drawing on the models of emerging market crises to try to …
Persistent link: https://www.econbiz.de/10009002656
The paper analyzes a very stylized model of crises and demonstrates how the degree of strategic complementarity in the …
Persistent link: https://www.econbiz.de/10009147398