crisis. Against this background, in the present paper we contribute to the existing literature in a twofold way: First, by …

following the financial crisis reduce personal borrowing and are consequently more likely to exit their firm. Exposure to the …

the financial crisis 2008-09. Two major conclusions are drawn from the analysis. First, the probability of default during … the financial crisis 2008-09 was significantly higher for firms with a weak bank than for comparable firms with a sound … bank. Second, non-defaulting firms with a weak bank did not have a lower return on assets during the financial crisis 2008 …

This paper gives an account of the Swedish financial crisis covering the period 1985-2000, dealing with financial … deregulation and the boom in the late 1980s, the bust and the financial crisis in the early 1990s, the recovery from the crisis and … the bank resolution policy adopted during the crisis. The paper focuses on three issues: the causes and consequences of …

again received a higher weight in the Chinese exchange rate policy already before the financial crisis of 2008. -- exchange … rate regime ; Kalman filter ; financial crisis …

the crisis was triggered abroad, the current high level of distressed debt in various transition countries mainly reflects … a strong positive relationship between pre-crisis house price increases, house price collapses during the crisis and … approaches in which banks restructure NPLs on a case-by-case basis to more centralised options, such as a “London approach”, bad …

Based on a review of international and regional responses to the global financial and economic crisis and its …

experience of the financial crisis by integrating the current low interest rate environment, we analyse the stress impact on …