IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-642-40406-1_12.html
   My bibliography  Save this book chapter

The Cliometric Study of Financial Panics and Crashes

In: Handbook of Cliometrics

Author

Listed:
  • Matthew Jaremski

    (Colgate University and NBER)

Abstract

Financial crises present an identification challenge. On one hand, declines in economic activity often lead to bank failures, while on the other, bank failures often lead to declines in economic activity. To understand the causes of crises and determine their influence subsequent growth, it is vital to untangle these various factors. Approaches require well-constructed empirical models as well as knowledge of existing data and institutions. Each section of this chapter highlights empirical approaches that have been successfully used to study specific aspects of financial crises. Starting with survival and hazard functions, the chapter goes on to cover data envelopment analysis, vector autoregressions, instrumental variables, and difference-in-difference models.

Suggested Citation

  • Matthew Jaremski, 2016. "The Cliometric Study of Financial Panics and Crashes," Springer Books, in: Claude Diebolt & Michael Haupert (ed.), Handbook of Cliometrics, edition 1, pages 375-392, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-40406-1_12
    DOI: 10.1007/978-3-642-40406-1_12
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-642-40406-1_12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.