Narrow search
Showing 1 - 10 of 413,728
Cover Image
A note on banking and housing crises and the strength of recoveries
Boysen-Hogrefe, Jens; Jannsen, Nils; Meier, Carsten-Patrick - 2015
level of output during the recovery, we find that normal recessions are followed by strong recoveries in advanced economies …
Persistent link: https://www.econbiz.de/10010472544
Cover Image
The dynamics of business investment following banking crises and normal recessions
Jannsen, Nils - 2015
I empirically analyze the dynamics of business investment following normal recessions (declines in business investment … for significant non-linear trend reversion or bounce-back effects on the level of business investment following normal … recessions, i.e., the deeper the previous recession was, the higher the growth rate of business investment will be. The trend …
Persistent link: https://www.econbiz.de/10010520556
Cover Image
The Dynamics of Business Investment Following Banking Crises and Normal Recessions
Jannsen, Nils - Institut für Weltwirtschaft (IfW) - 2015
I empirically analyze the dynamics of business investment following normal recessions (declines in business investment … for significant non-linear trend reversion or bounce-back effects on the level of business investment following normal … recessions, i.e., the deeper the previous recession was, the higher the growth rate of business investment will be. The trend …
Persistent link: https://www.econbiz.de/10011272151
Cover Image
The dynamics of non-performing loans during banking crises : a new database
Ari, Anil; Chen, Sophia; Ratnovski, Lev - 2020
during a crisis are important for post-crisis output recovery. …
Persistent link: https://www.econbiz.de/10012206258
Cover Image
Exposure to international crises : trade vs. financial contagion
Grant, Everett - 2016
I identify new patterns in countries' economic performance over the 2007-2014 period based on proximity through distance, trade, and finance to the US subprime mortgage and Eurozone debt crisis areas. To understand the causes of the cross-country variation, I develop an open economy model with...
Persistent link: https://www.econbiz.de/10011975657
Cover Image
Financial intermediation, capital accumulation and crisis recovery
Gersbach, Hans; Rochet, Jean-Charles; Scheffel, Martin - 2019 - This Version: December 2019
We integrate bank and bond financing into a two-sector neoclassical growth model to examine the stabilization effect of endogenous bank leverage adjustment. We show that although bank leverage amplifies shocks, the increase of leverage to a decline in bank equity is an automatic stabilizer in...
Persistent link: https://www.econbiz.de/10012134794
Cover Image
Market sentiment, financial fragility, and economic activity : the role of corporate securities issuance
Dieckelmann, Daniel - 2021
Using new quarterly U.S. data for the past 120 years, I show that sudden reversals in equity and credit market sentiment approximated by several measures of corporate securities issuance are highly predictive of banking crises and recessions. Deviations in equity issuance from historical...
Persistent link: https://www.econbiz.de/10012431742
Cover Image
Credit and growth after financial crises
Takáts, Előd; Upper, Christian - 2013
Persistent link: https://www.econbiz.de/10009782580
Cover Image
Booms and Systemic Banking Crises
Boissay, Frédéric - 2013
The empirical literature on systemic banking crises (SBCs) has shown that SBCs are rare events that break out in the midst of credit intensive booms and bring about particularly deep and long-lasting recessions. We attempt to explain these phenomena within a dynamic general equilibrium model...
Persistent link: https://www.econbiz.de/10013086964
Cover Image
Banking Crisis and Cyclic Shocks : A Perspective on Volatility Clustering
Sun, Mingyuan - 2019
Typical systemic risk measurement barely captures the dynamic risk characteristics of the entire banking system. Experience from past financial crises shows, major indicators in financial markets have clustered volatility during periods of economic downturns. This study focuses on the overall...
Persistent link: https://www.econbiz.de/10012898293