Banking Crisis in Historical Prespective
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Author
Edition
1st ed.
Publisher
ISBN
9788190851800
Length
iv+173p., Tables; 22cm.
Subjects
The historical frequency of baking crises is quite similar in high- and middle-to-low-income countries, with quantitative and qualitative parallels in both the run-ups and the aftermath. We establish these regularities using a unique dataset spanning from Denmark's financial panic during the Napoleonic War to the ongoing global financial crisis sparked by subprime mortgage defaults in the United states. Banking crises dramatically weaken fiscal positions in ...