On the resolution of financial crises: the Swedish experience
AbstractSweden was one of the Scandinavian countries experiencing a severe financial crisis In the late 1980s and early 1990s. I review the policy choices and external factors that pushed the country’s financial system over the edge and then examine the steps the government took to make its resolution of the crisis one of the most successful in the past 30 years.
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Bibliographic InfoArticle provided by Federal Reserve Bank of Cleveland in its journal Policy Discussion Papers.
Volume (Year): (2007)
Issue (Month): Jun ()
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10-1, University of North Carolina at Greensboro, Department of Economics.
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- Charles Courtemanche & Kenneth A. Snowden, 2010. "Repairing a Mortgage Crisis: HOLC Lending and its Impact on Local Housing Markets," NBER Working Papers 16245, National Bureau of Economic Research, Inc.
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