Explaining Financial Crises: A Cyclical Approach

In: Hohenheimer volkswirtschaftliche Schriften 53

Abstract

Financial Crises and Financial Instability: Definitions and Principles - Stylized Facts and Standard Theory of Financial Crises - A Model of Financial Crises and Endogenous Fluctuations in Industrial Countries - A Model of Financial Crises and Endogenous Fluctuations in Emerging Market Countries - A Calibration Model of Financial Crises in Emerging Markets.