Financial Crises Explanations Types and Implications is popular PDF and ePub book, written by Stijn Claessens in 2013-01-30, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Financial Crises Explanations Types and Implications can be Read Online from any device for your convenience.
Financial Crises Explanations Types and Implications Book PDF Summary
This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since many theories on the sources of financial crises highlight the importance of sharp fluctuations in asset and credit markets, the paper briefly reviews theoretical and empirical studies on developments in these markets around financial crises. Second, what are the major types of financial crises? The paper focuses on the main theoretical and empirical explanations of four types of financial crises—currency crises, sudden stops, debt crises, and banking crises—and presents a survey of the literature that attempts to identify these episodes. Third, what are the real and financial sector implications of crises? The paper briefly reviews the short- and medium-run implications of crises for the real economy and financial sector. It concludes with a summary of the main lessons from the literature and future research directions.
Detail Book of Financial Crises Explanations Types and Implications PDF
- Author : Stijn Claessens
- Release : 30 January 2013
- Publisher : International Monetary Fund
- ISBN : 9781475579086
- Genre : Business & Economics
- Total Page : 66 pages
- Language : English
- PDF File Size : 15,5 Mb
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