کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5067265 1372581 2011 16 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Review paperCross-country causes and consequences of the crisis: An update
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Review paperCross-country causes and consequences of the crisis: An update
چکیده انگلیسی

We update Rose and Spiegel (forthcoming, 2010) and search for simple quantitative models of macroeconomic and financial indicators of the “Great Recession” of 2008-09. We use a cross-country approach and examine a number of potential causes that have been found to be successful indicators of crisis intensity by other scholars. We check a number of different indicators of crisis intensity, and a variety of different country samples. While countries with higher income and looser credit market regulation seemed to suffer worse crises, we find few clear reliable indicators in the pre-crisis data of the incidence of the Great Recession. Countries with current account surpluses seemed better insulated from slowdowns.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: European Economic Review - Volume 55, Issue 3, April 2011, Pages 309-324
نویسندگان
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