systemic crises
Non linear forecasting of the state of a socio eco oriented innovative economy in the conditions of systemic crises
... Based on the use of state-of-the-art methods, models, information and innovation technologies in order to forecast the state of the non-linear dynamics of eco-economic and socio-humanitarian systems, integrated ...
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Systemic crises and growth
... mechanism uses the monitoring capacity of the financial system to make implicit transfers via the guarantees, while maintaining lenders’ incentives to screen borrowers’ projects. There is an important caveat: ...
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A Network Model of Super-systemic Crises
... Are financial systems shock absorbers or shock amplifiers? Policymakers and academics have long remained divided over this fundamental question. On one hand, some contend that financial innovation and integration make ...
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Systemic and Idiosyncratic Sovereign Debt Crises
... both systemic and idiosyncratic ...that systemic crises ...Since systemic defaults mostly tend to occur in about two to three years after the panic, real interest rates have declined from ...
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How to Reduce the Risk Of Banking Problems
... banking crises, is the potential for reverse ...banking crises, increases in the share of batik assets owned by the government are purely a response to these ...banking' crises in general and for ...
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How to Reduce the Risk Of Banking Problems
... banking crises, is the potential for reverse ...banking crises, increases in the share of batik assets owned by the government are purely a response to these ...banking' crises in general and for ...
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Essays on Systemic Banking Crises and Bank Regulation
... between systemic crises and the vector of explanatory variables over the panel‟s ...vis-à-vis systemic crisis determinants is not preferred because no time- invariant factors can be ...
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Phoenix Miracles in Emerging Markets: Recovering without Credit from Systemic Financial Crises
... and systemic crises made by Calvo, Izquierdo and Talvi (2003), stressing the impact of a sudden collapse in external financing of the current account deficit over the ...
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Phoenix Miracles in Emerging Markets: Recovering without Credit from Systemic Financial Crises
... and systemic crises made by Calvo, Izquierdo and Talvi (2003), stressing the impact of a sudden collapse in external financing of the current account deficit over the ...
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Global economic governance and the global financial grisis of 2007-08
... of systemic transformation, with International Relations failure to foresee the collapse of the Soviet Union (2009, ...massive systemic change could occur, because they incorrectly correlated the absence of ...
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Liquidity matters: Evidence from the Russian interbank market
... Our results corroborate the thesis that prudential regulation at the individ- ual bank level is insu¢ cient to prevent systemic crises. It neglects the potential e¤ects on …nancial stability resulting from ...
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Cross-country empirical studies of systemic bank distress : a survey
... and crises in particular, and between localised crises and systemic crises, we established – somewhat arbitrarily – that for an episode of distress to be classified as a full-fledged crisis in ...
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The Real Effects of Banking Crises: Finance or Asset Allocation Effects? Some International Evidence
... This table shows the results of the effect of banking crises on economic growth. We use three measures of firm and industry economic growth: the real growth of assets (Panel A), the real growth of sales (Panel B), ...
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Estimating Systemic Risk in the International Financial System
... and Systemic Risk”, the 2005 American Finance Association An- nual Meeting, the 2004 European Finance Association Annual Meeting, the 2004 Financial Management Association Annual Meeting, the 2005 Australasian ...
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The Political Economy of Financial Crisis Policy Bruegel Working Paper 2015/06, July 2015
... Banking crises can result in recession, leading to lower investment, lower incomes and higher ...banking crises is quite important for the economic and fiscal cost, as well as the duration and subsequent ...
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The Role of the State in Managing and Forestalling Systemic Financial Crises: Some Issues and Perspectives
... for systemic crisis ...unexpectedly, crises frequently begin with the emergence of pressures in particular segments of financial systems or in particular financial institutions (the ...full-blown ...
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Stability periods between financial crises : The role of macroeconomic fundamentals and crises management policies
... more crises than ...financial crises. The frequency of financial crises has, amongst others, been analyzed by Jord` a, Schularick and Taylor (2010) who investigate empirically if crises can be ...
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Systemic banking crises
... Crises tend to follow periods of expansionary monetary and fiscal policy and typically include some form of financial liberalization. For instance, as part of growth initiatives, governments remove interest rate ...
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Homeward Bound FDI: Are Migrants a Bridge over Trouble Finance?
... As observed in the baseline results, a systemic financial crisis does not per se affect the total volume of FDI, but rather the existence of FDI. Financial frictions, however, are crucial to determine the ...
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Inequality as a Cause of Systemic Banking Crises ̶ Some New Theory and Evidence
... banking crises are linked to inequality, or more specifically to the concentration of financial wealth, and that wealth concentration thus might be one of the main drivers of systemic banking crises ...
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