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A Review of the Crises

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Author Info

  • Amir Shoham

    (The College of Management)

  • Joseph Pelzman

    (George Washington University)

Abstract

The literature on the financial crisis is very large and diverse. The intent of this article is to summarize these and other mainstream articles through the lens of two key questions: (1) what caused the crisis? and (2) why have the spillover effects been so devastating in so many industrial countries? In Section II of this review, we address the demand side for liquidity. Section III presents the supply side of liquidity. Section IV tackles the second question: namely, the contagion effect. Section V introduces the other articles in this special section of the journal.

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File URL: http://www.bepress.com/cgi/viewcontent.cgi?article=1781&context=gej
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Bibliographic Info

Article provided by De Gruyter in its journal Global Economy Journal.

Volume (Year): 11 (2011)
Issue (Month): 2 ()
Pages: 5

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Handle: RePEc:bpj:glecon:v:11:y:2011:i:2:n:5

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Web page: http://www.degruyter.com

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Web: http://www.degruyter.com/view/j/gej

Related research

Keywords: crisis; contagion; global financial crisis; risk sharing; HUD; bubble;

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Cited by:
  1. Horvath, Roman & Poldauf, Petr, 2011. "International stock market comovements: what happened during the financial crisis?," MPRA Paper 35317, University Library of Munich, Germany.

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