The impact of risk cycles on business cycles: a historical view

J Danielsson, M Valenzuela, I Zer - The Review of Financial …, 2023 - academic.oup.com
We investigate the effects of financial risk cycles on business cycles, using a panel spanning
73 countries since 1900. Agents use a Bayesian learning model to form their beliefs about …

Too big to fail and moral hazard: Evidence from an epoch of unregulated commercial banking

TB Andersen, PS Jensen - IMF Economic Review, 2022 - Springer
We analyze the link between “too big to fail”(TBTF) and moral hazard using a natural
experiment from an epoch of unregulated commercial banking in Denmark. In 1908 the …

Financial Globalization and Bank Lending: The Limits of Domestic Monetary Policy in The Gambia

Y Cham - 2023 - mpra.ub.uni-muenchen.de
Limitations of domestic Monetary Policies in The Gambia highlight the challenges faced by
developing countries in managing their domestic economies in the context of bank lending …

[PDF][PDF] Global implications of multi-dimensional US monetary policy normalization

G Georgiadis, M Stieglitz, R Setzer - Journal of International Money and …, 2022 - imf.org
At least since the Global Financial Crisis US monetary policy spans several dimensions and
has been documented to involve (Delphic) information effects. This multi-dimensional nature …

[引用][C] Early Warning Indicators of Financial Crises: Original Sin and Currency Mismatches

H Venkatesh, GS Hiremath