collapse and threaten the solvency of financial institutions. This model explains financial deregulation in Sweden in the 1980s …This article presents the following model of two regulatory classes of financial institutions interacting in financial … of a financial crisis: 1) Regulation creates two categories of financial institutions. The first class faces greater …

price and wage rigidities to study four countries (the U.S., the U.K., Sweden, and Germany) during the financial crisis and … factors were also important in the U.K., but less so in Sweden and Germany. Reduced matching efficiency was considerably less … important in the U.K. and Sweden than in the U.S., but matching efficiency improved in Germany, helping to keep unemployment low …

-led mercantilist and the domestic demand-led regime and apply this to six countries, Germany, France, Spain, Sweden, the UK and the USA …