Welcome to Applied Macroeconomic Centre

A theory is appropriate as long as it fits into the fact; when a theory doesn't fit in the fact, it's wise to walk with the fact.

Monday, April 8, 2013

Financial crises: questions and lessons

Two leading IMF economists, Stijn Claessens and M Ayhan Kose, write on on three basic questions related to the recent financial crises: 
  • What are the main factors explaining financial crises?
  • What are the major types of financial crises?
  • What are the real and financial sector implications of crises?

No comments:

Post a Comment