| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7565 |
| DP7565 Juvenile Delinquency and Conformism | |
| Yves Zenou; Eleonora Patacchini | |
| 发表日期 | 2009-11-22 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | We study the output costs of 40 systemic banking crises since 1980. Most, but not all, crises in our sample coincide with a sharp contraction in output from which it took several years to recover. Our main findings are as follows. First, the current financial crisis is unlike any others in terms of a wide range of economic factors. Second, the output losses of past banking crises were higher when they were accompanied by a currency crisis or when growth was low at the onset of the crisis. When accompanied by a sovereign debt default, a systemic banking crisis was less costly. And, third, there is a tendency for systemic banking crises to have lasting negative output effects. |
| 主题 | International Macroeconomics |
| 关键词 | Systemic banking crisis Cost of crisis Output loss Recovery Crises |
| URL | https://cepr.org/publications/dp7565 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536402 |
| 推荐引用方式 GB/T 7714 | Yves Zenou,Eleonora Patacchini. DP7565 Juvenile Delinquency and Conformism. 2009. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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