Macroprudential policy–a literature review
The recent financial crisis has highlighted the need to go beyond a purely micro approach to
financial regulation and supervision. As a consequence, the number of policy speeches …
financial regulation and supervision. As a consequence, the number of policy speeches …
Financial crises explanations, types, and implications
MS Claessens, MA Kose - 2013 - books.google.com
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 …
what are the main factors explaining financial crises? Since many theories on the sources of …
Gross capital flows: Dynamics and crises
This paper analyzes the behavior of international capital flows by foreign and domestic
agents, dubbed gross capital flows, over the business cycle and during financial crises. We …
agents, dubbed gross capital flows, over the business cycle and during financial crises. We …
A primer on financial contagion
This paper presents a theoretical framework to highlight possible channels for the
international transmission of financial shocks. We first review the different definitions and …
international transmission of financial shocks. We first review the different definitions and …
Towards a new early warning system of financial crises
This paper develops a new early warning system (EWS) model, based on a multinomial logit
model, for predicting financial crises. It is shown that commonly used EWS approaches …
model, for predicting financial crises. It is shown that commonly used EWS approaches …