The Great Recession: A Self-Fulfilling Global Panic
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Philippe Bacchetta & Eric van Wincoop, 2016. "The Great Recession: A Self-Fulfilling Global Panic," American Economic Journal: Macroeconomics, American Economic Association, vol. 8(4), pages 177-198, October.
- Philippe Bacchetta & Eric van Wincoop, 2013. "The Great Recession: A Self-Fulfilling Global Panic," Swiss Finance Institute Research Paper Series 13-28, Swiss Finance Institute.
- Eric van Wincoop & Philippe Bacchetta, 2013. "The Great Recession: A Self-Fulfilling Global Panic," 2013 Meeting Papers 413, Society for Economic Dynamics.
- Philippe Bacchetta & Eric van Wincoop, 2013. "The Great Recession: A Self-Fulfilling Global Panic," Cahiers de Recherches Economiques du Département d'économie 13.05, Université de Lausanne, Faculté des HEC, Département d’économie.
- Philippe Bacchetta & Eric van Wincoop, 2013. "The Great Recession: A Self-Fulfilling Global Panic," Working Papers 092013, Hong Kong Institute for Monetary Research.
- Philippe Bacchetta & Eric van Wincoop, 2013. "The Great Recession: A Self-Fulfilling Global Panic," NBER Working Papers 19062, National Bureau of Economic Research, Inc.
References listed on IDEAS
- Andrew K. Rose & Mark M. Spiegel, 2010.
"Cross‐Country Causes And Consequences Of The 2008 Crisis: International Linkages And American Exposure,"
Pacific Economic Review, Wiley Blackwell, vol. 15(3), pages 340-363, August.
- Andrew K. Rose & Mark M. Spiegel, 2009. "Cross-country causes and consequences of the 2008 crisis: international linkages and American exposure," Working Paper Series 2009-18, Federal Reserve Bank of San Francisco.
- Andrew K. Rose & Mark M. Spiegel, 2009. "Cross-Country Causes and Consequences of the 2008 Crisis: International Linkages and American Exposure," NBER Working Papers 15358, National Bureau of Economic Research, Inc.
- Rose, Andrew & Spiegel, Mark, 2009. "Cross-Country Causes and Consequences of the 2008 Crisis: International Linkages and American Exposure," CEPR Discussion Papers 7466, C.E.P.R. Discussion Papers.
- Hideaki Hirata & M. Ayhan Kose & Chris Otrok, "undated".
"Regionalization vs. Globalization,"
Working Paper
164456, Harvard University OpenScholar.
- Hideaki Hirata & M. Ayhan Kose & Christopher Otrok, 2013. "Regionalization vs. Globalization," Koç University-TUSIAD Economic Research Forum Working Papers 1302, Koc University-TUSIAD Economic Research Forum.
- Hideaki Hirata & M. Ayhan Kose & Christopher Otrok, 2013. "Regionalization vs. Globalization," CAMA Working Papers 2013-09, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Hideaki Hirata & M. Ayhan Kose & Christopher Otrok, 2013. "Regionalization vs. globalization," Working Papers 2013-002, Federal Reserve Bank of St. Louis.
- HIRATA Hideaki & Ayhan KOSE & Christopher OTROK, 2013. "Regionalization vs. Globalization," Discussion papers 13004, Research Institute of Economy, Trade and Industry (RIETI).
- Mr. Hideaki Hirata & Mr. Ayhan Kose & Mr. Christopher Otrok, 2013. "Regionalization vs. Globalization," IMF Working Papers 2013/019, International Monetary Fund.
- Christian Broda & David E. Weinstein, 2006.
"Globalization and the Gains From Variety,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 121(2), pages 541-585.
- Christian Broda & David E. Weinstein, 2004. "Globalization and the gains from variety," Staff Reports 180, Federal Reserve Bank of New York.
- David E. Weinstein & Christian Broda, 2004. "Globalization And The Gains From Variety," Econometric Society 2004 Latin American Meetings 327, Econometric Society.
- Christian Broda & David E. Weinstein, 2004. "Globalization and the Gains from Variety," NBER Working Papers 10314, National Bureau of Economic Research, Inc.
- David Weinstein & Christian Broda, 2004. "Globalization and the Gains from Variety," Econometric Society 2004 North American Summer Meetings 508, Econometric Society.
- David Weinstein & Christian Broda, 2004. "Globalization and the Gains from Variety," 2004 Meeting Papers 530, Society for Economic Dynamics.
- Susanto Basu & Brent Bundick, 2017.
"Uncertainty Shocks in a Model of Effective Demand,"
Econometrica, Econometric Society, vol. 85, pages 937-958, May.
- Susanto Basu & Brent Bundick, 2011. "Uncertainty Shocks in a Model of Effective Demand," Boston College Working Papers in Economics 774, Boston College Department of Economics, revised 01 Nov 2015.
- Susanto Basu & Brent Bundick, 2012. "Uncertainty shocks in a model of effective demand," Working Papers 12-15, Federal Reserve Bank of Boston.
- Susanto Basu & Brent Bundick, 2012. "Uncertainty Shocks in a Model of Effective Demand," NBER Working Papers 18420, National Bureau of Economic Research, Inc.
- Susanto Basu & Brent Bundick, 2014. "Uncertainty shocks in a model of effective demand," Research Working Paper RWP 14-15, Federal Reserve Bank of Kansas City.
- N. Gregory Mankiw & Matthew Weinzierl, 2011.
"An Exploration of Optimal Stabilization Policy,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 42(1 (Spring), pages 209-272.
- Weinzierl, Matthew Charles & Eggertsson, Gauti B. & Blanchard, Olivier & Mankiw, N. Gregory, 2011. "An Exploration of Optimal Stabilization Policy," Scholarly Articles 11177699, Harvard University Department of Economics.
- N. Gregory Mankiw & Matthew C. Weinzierl, 2011. "An Exploration of Optimal Stabilization Policy," NBER Working Papers 17029, National Bureau of Economic Research, Inc.
- Rose, Andrew K. & Spiegel, Mark M., 2011.
"Cross-country causes and consequences of the crisis: An update,"
European Economic Review, Elsevier, vol. 55(3), pages 309-324, April.
- Andrew K. Rose & Mark M. Spiegel, 2010. "Cross-Country Causes and Consequences of the Crisis: An Update," NBER Working Papers 16243, National Bureau of Economic Research, Inc.
- Andrew K. Rose & Mark M. Spiegel, 2011. "Cross-country causes and consequences of the crisis: an update," Working Paper Series 2011-02, Federal Reserve Bank of San Francisco.
- Rose, Andrew & Spiegel, Mark, 2010. "Cross-Country Causes and Consequences of the Crisis: An Update," CEPR Discussion Papers 7901, C.E.P.R. Discussion Papers.
- Jess Benhabib & Pengfei Wang & Yi Wen, 2015.
"Sentiments and Aggregate Demand Fluctuations,"
Econometrica, Econometric Society, vol. 83, pages 549-585, March.
- Jess Benhabib & Pengfei Wang & Yi Wen, 2012. "Sentiments and aggregate demand fluctuations," Working Papers 2012-039, Federal Reserve Bank of St. Louis.
- Jess Benhabib & Pengfei Wang & Yi Wen, 2012. "Sentiments and Aggregate Demand Fluctuations," NBER Working Papers 18413, National Bureau of Economic Research, Inc.
- Kalemli-Ozcan, Sebnem & Papaioannou, Elias & Perri, Fabrizio, 2013.
"Global banks and crisis transmission,"
Journal of International Economics, Elsevier, vol. 89(2), pages 495-510.
- Sebnem Kalemli-Ozcan, 2011. "Global Banks and Crisis Transmission," 2011 Meeting Papers 1376, Society for Economic Dynamics.
- Sebnem Kalemli-Ozcan & Elias Papaioannou & Fabrizio Perri, 2012. "Global Banks and Crisis Transmission," NBER Working Papers 18209, National Bureau of Economic Research, Inc.
- Perri, Fabrizio & Kalemli-Özcan, Sebnem & Papaioannou, Elias, 2012. "Global Banks and Crisis Transmission," CEPR Discussion Papers 9044, C.E.P.R. Discussion Papers.
- Helbling, Thomas & Huidrom, Raju & Kose, M. Ayhan & Otrok, Christopher, 2011.
"Do credit shocks matter? A global perspective,"
European Economic Review, Elsevier, vol. 55(3), pages 340-353, April.
- Mr. Thomas Helbling & Mr. Ayhan Kose & Mr. Christopher Otrok & Raju Huidrom, 2010. "Do Credit Shocks Matter? A Global Perspective," IMF Working Papers 2010/261, International Monetary Fund.
- Bacchetta, Philippe & van Wincoop, Eric, 2013.
"Sudden spikes in global risk,"
Journal of International Economics, Elsevier, vol. 89(2), pages 511-521.
- Philippe Bacchetta & Eric van Wincoop, 2012. "Sudden Spikes in Global Risk," Working Papers 062012, Hong Kong Institute for Monetary Research.
- Bacchetta, Philippe & van Wincoop, Eric, 2012. "Sudden Spikes in Global Risk," CEPR Discussion Papers 8853, C.E.P.R. Discussion Papers.
- Philippe Bacchetta & Eric van Wincoop, 2013. "Sudden Spikes in Global Risk," Swiss Finance Institute Research Paper Series 13-36, Swiss Finance Institute.
- Roger E. A. Farmer, 2012.
"Confidence, Crashes and Animal Spirits,"
Economic Journal, Royal Economic Society, vol. 122(559), pages 155-172, March.
- Roger E.A. Farmer, 2009. "Confidence, Crashes and Animal Spirits," NBER Working Papers 14846, National Bureau of Economic Research, Inc.
- Roger E. A. Farmer, 2011. "Confidence Crashes and Animal Spirits," 2011 Meeting Papers 603, Society for Economic Dynamics.
- Aghion, Philippe & Bacchetta, Philippe & Banerjee, Abhijit, 2000.
"A simple model of monetary policy and currency crises,"
European Economic Review, Elsevier, vol. 44(4-6), pages 728-738, May.
- Philippe Aghion & Philippe Bacchetta & Abhijit Banerjee, 1999. "A Simple Model of Monetary Pollicy and Currency Crises," Working Papers 99.05, Swiss National Bank, Study Center Gerzensee.
- Philippe AGHION & Philippe BACCHETTA & Abhijit BANERJEE, 1999. "A Simple Model of Monetary Policy and Currency Crises," Cahiers de Recherches Economiques du Département d'économie 9914, Université de Lausanne, Faculté des HEC, Département d’économie.
- Philippe Bacchetta & Cédric Tille & Eric van Wincoop, 2012.
"Self-Fulfilling Risk Panics,"
American Economic Review, American Economic Association, vol. 102(7), pages 3674-3700, December.
- Bacchetta, Philippe & van Wincoop, Eric & Tille, Cédric, 2010. "Self-Fulfilling Risk Panics," CEPR Discussion Papers 7920, C.E.P.R. Discussion Papers.
- Bacchetta, Philippe & Tille, Cédric & Wincoop, Eric, 2011. "Self-Fulfilling Risk Panics," Working Papers 2011-003, Banco Central de Reserva del Perú.
- Eric van Wincoop & Cédric Tille & Philippe Bacchetta, 2011. "Self-fulfilling risk panics," 2011 Meeting Papers 186, Society for Economic Dynamics.
- Philippe Bacchetta & Cédric Tille & Eric van Wincoop, 2010. "Self-Fulfilling Risk Panics," NBER Working Papers 16159, National Bureau of Economic Research, Inc.
- Philippe BACCHETTA & Cédric TILLE & Eric VAN WINCOOP, 2010. "Self-Fulfilling Risk Panics," Swiss Finance Institute Research Paper Series 10-32, Swiss Finance Institute.
- Philippe Bacchetta & Cédric Tille & Eric van Wincoop, 2010. "Self-Fulfilling Risk Panics," Cahiers de Recherches Economiques du Département d'économie 10.05, Université de Lausanne, Faculté des HEC, Département d’économie.
- Philippe Bacchetta & Cedric Tille & Eric van Wincoop, 2010. "Self-Fulfilling Risk Panics," IHEID Working Papers 17-2010, Economics Section, The Graduate Institute of International Studies.
- Philippe Bacchetta & Cedric Tille & Eric van Wincoop, 2010. "Self-Fulfilling Risk Panics," Working Papers 282010, Hong Kong Institute for Monetary Research.
- Bodenstein, Martin, 2010.
"Trade elasticity of substitution and equilibrium dynamics,"
Journal of Economic Theory, Elsevier, vol. 145(3), pages 1033-1059, May.
- Martin Bodenstein, 2008. "Trade elasticity of substitution and equilibrium dynamics," International Finance Discussion Papers 934, Board of Governors of the Federal Reserve System (U.S.).
- Martin Bodenstein, 2009. "Trade Elasticity of Substitution and Equilibrium Dynamics," 2009 Meeting Papers 766, Society for Economic Dynamics.
- Jesús Fernández-Villaverde & Pablo Guerrón-Quintana & Juan F Rubio-Ramírez, 2014.
"Supply-Side Policies and the Zero Lower Bound,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 62(2), pages 248-260, June.
- Jesús Fernández-Villaverde & Pablo Guerrón-Quintana & Juan F. Rubio-Ramirez, 2011. "Supply-side policies and the zero lower bound," Working Papers 11-47, Federal Reserve Bank of Philadelphia.
- Rubio-RamÃrez, Juan Francisco & Fernández-Villaverde, Jesús & Guerron-Quintana, Pablo A., 2011. "Supply-Side Policies and the Zero Lower Bound," CEPR Discussion Papers 8642, C.E.P.R. Discussion Papers.
- Jesús Fernández-Villaverde & Pablo A. Guerrón-Quintana & Juan Rubio-Ramírez, 2011. "Supply-Side Policies and the Zero Lower Bound," NBER Working Papers 17543, National Bureau of Economic Research, Inc.
- Pablo Guerron-Quintana & Juan Rubio-Ramirez & Jesus Fernandez-Villaverde, 2012. "Supply-Side Policies and the Zero Lower Bound," 2012 Meeting Papers 104, Society for Economic Dynamics.
- Kamin, Steven B. & DeMarco, Laurie Pounder, 2012. "How did a domestic housing slump turn into a global financial crisis?," Journal of International Money and Finance, Elsevier, vol. 31(1), pages 10-41.
- Cole, Harold L. & Obstfeld, Maurice, 1991.
"Commodity trade and international risk sharing : How much do financial markets matter?,"
Journal of Monetary Economics, Elsevier, vol. 28(1), pages 3-24, August.
- Harold L. Cole & Maurice Obstfeld, 1989. "Commodity Trade and International Risk Sharing: How Much Do Financial Markets Matter?," NBER Working Papers 3027, National Bureau of Economic Research, Inc.
- Devereux, Michael B. & Sutherland, Alan, 2011. "Evaluating international financial integration under leverage constraints," European Economic Review, Elsevier, vol. 55(3), pages 427-442, April.
- Schmitt-Grohe, Stephanie, 1997.
"Comparing Four Models of Aggregate Fluctuations due to Self-Fulfilling Expectations,"
Journal of Economic Theory, Elsevier, vol. 72(1), pages 96-147, January.
- Stephanie Schmitt-Grohe, 1995. "Comparing four models of aggregate fluctuations due to self-fulfilling expectations," Finance and Economics Discussion Series 95-17, Board of Governors of the Federal Reserve System (U.S.).
- Tobias Adrian & Paolo Colla & Hyun Song Shin, 2011.
"Which Financial Frictions? Parsing the Evidence from the Financial Crisis of 2007-09,"
Working Papers
1396, Princeton University, Department of Economics, Econometric Research Program..
- Tobias Adrian & Paolo Colla & Hyun Song Shin, 2011. "Which financial frictions? Parsing the evidence from the financial crisis of 2007-09," Staff Reports 528, Federal Reserve Bank of New York.
- Gauti B. Eggertsson & Paul Krugman, 2012. "Debt, Deleveraging, and the Liquidity Trap: A Fisher-Minsky-Koo Approach," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 127(3), pages 1469-1513.
- Paul R. Krugman, 1998. "It's Baaack: Japan's Slump and the Return of the Liquidity Trap," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 29(2), pages 137-206.
- Jonathan Heathcote & Fabrizio Perri, 2018.
"Wealth and Volatility,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 85(4), pages 2173-2213.
- Fabrizio Perri & Jonathan Heathcote, 2011. "Wealth and Volatility," 2011 Meeting Papers 1065, Society for Economic Dynamics.
- Jonathan Heathcote & Fabrizio Perri, 2015. "Wealth and Volatility," NBER Working Papers 20994, National Bureau of Economic Research, Inc.
- Fabrizio Perri & Jonathan Heathcote, 2013. "Wealth and Volatility," 2013 Meeting Papers 385, Society for Economic Dynamics.
- Fabrizio Perri & Jonathan Heathcote, 2012. "Wealth and Volatility," 2012 Meeting Papers 914, Society for Economic Dynamics.
- Jonathan Heathcote & Fabrizio Perri, 2015. "Wealth and Volatility," Staff Report 508, Federal Reserve Bank of Minneapolis.
- Heathcote, Jonathan & Perri, Fabrizio, 2015. "Wealth and Volatility," CEPR Discussion Papers 10453, C.E.P.R. Discussion Papers.
- Luca Dedola & Giovanni Lombardo, 2012. "Financial frictions, financial integration and the international propagation of shocks [Optimal monetary policy under commitment with a zero bound on nominal interest rates]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 27(70), pages 319-359.
- Kollmann, Robert & Enders, Zeno & Müller, Gernot J., 2011.
"Global banking and international business cycles,"
European Economic Review, Elsevier, vol. 55(3), pages 407-426, April.
- Kollmann, Robert & Müller, Gernot & Enders, Zeno, 2010. "Global Banking and International Business Cycles," CEPR Discussion Papers 7972, C.E.P.R. Discussion Papers.
- Robert KOLLMANN, 2011. "Global Banking and International Business Cycles," 2011 Meeting Papers 20, Society for Economic Dynamics.
- Zeno Enders & Robert Kollmann & Gernot J. Müller, 2011. "Global banking and international business cycles," Globalization Institute Working Papers 72, Federal Reserve Bank of Dallas.
- Robert Kollmann & Zeno Enders & Gernot J. Müller, 2010. "Global Banking and International Business Cycles," Working Papers ECARES ECARES 2010-028, ULB -- Universite Libre de Bruxelles.
- Ravn, Morten O. & Sterk, Vincent, 2017.
"Job uncertainty and deep recessions,"
Journal of Monetary Economics, Elsevier, vol. 90(C), pages 125-141.
- Morten O. Ravn & Vincent Sterk, 2012. "Job Uncertainty and Deep Recessions," Discussion Papers 1501, Centre for Macroeconomics (CFM), revised Dec 2014.
- Vincent Sterk & Morten Ravn, 2013. "Job Uncertainty and Deep Recessions," 2013 Meeting Papers 921, Society for Economic Dynamics.
- Ravn, Morten O. & Sterk, Vincent, 2015. "Job uncertainty and deep recessions," LSE Research Online Documents on Economics 86324, London School of Economics and Political Science, LSE Library.
- Kahle, Kathleen M. & Stulz, Rene M., 2011. "Financial Policies, Investment, and the Financial Crisis: Impaired Credit Channel or Diminished Demand for Capital?," Working Paper Series 2011-3, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
- Kahle, Kathleen M. & Stulz, René M., 2013.
"Access to capital, investment, and the financial crisis,"
Journal of Financial Economics, Elsevier, vol. 110(2), pages 280-299.
- Kahle, Kathleen M. & Stulz, Rene M., 2012. "Access to Capital, Investment, and the Financial Crisis," Working Paper Series 2012-02, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
Citations
Blog mentions
As found by EconAcademics.org, the blog aggregator for Economics research:- Why did the panic of 2008 spread abroad?
by Economic Logician in Economic Logic on 2013-12-09 21:31:00
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Benoit Julien & John Kennes & Ian King, "undated". "Quality Job Programs, Unemployment and the Job Quality Mix," MRG Discussion Paper Series 4721, School of Economics, University of Queensland, Australia.
- Clausen Volker & Schlösser Alexander & Thiem Christopher, 2019. "Economic Policy Uncertainty in the Euro Area: Cross-Country Spillovers and Macroeconomic Impact," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 239(5-6), pages 957-981, October.
- Stijn Claessens & M Ayhan Kose, 2018. "Frontiers of macrofinancial linkages," BIS Papers, Bank for International Settlements, number 95.
- Gianluca Benigno & Luca Fornaro, 2018.
"Stagnation Traps,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 85(3), pages 1425-1470.
- Luca Fornaro & Gianluca Benigno, 2015. "Stagnation Traps," 2015 Meeting Papers 810, Society for Economic Dynamics.
- Benigno, Gianluca & Fornaro, Luca, 2016. "Stagnation traps," LSE Research Online Documents on Economics 66416, London School of Economics and Political Science, LSE Library.
- Benigno, Gianluca & Fornaro, Luca, 2016. "Stagnation Traps," CEPR Discussion Papers 11074, C.E.P.R. Discussion Papers.
- Benigno, Gianluca & Fornaro, Luca, 2017. "Stagnation traps," Working Paper Series 2038, European Central Bank.
- Gianluca Benigno & Luca Fornaro, 2015. "Stagnation Traps," Discussion Papers 1606, Centre for Macroeconomics (CFM), revised Dec 2015.
- Gianluca Benigno & Luca Fornaro, 2015. "Stagnation traps," Economics Working Papers 1487, Department of Economics and Business, Universitat Pompeu Fabra, revised Mar 2017.
- Gianluca Benigno & Luca Fornaro, 2015. "Stagnation Traps," Working Papers 832, Barcelona School of Economics.
- Benigno, Gianluca & Fornaro, Luca, 2016. "Stagnation traps," LSE Research Online Documents on Economics 86241, London School of Economics and Political Science, LSE Library.
- Gianluca Benigno & Luca Fornaro, 2017. "Stagnation traps," CAMA Working Papers 2017-22, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Gianluca Benigno & Luca Fornaro, 2016. "Stagnation traps," CEP Discussion Papers dp1405, Centre for Economic Performance, LSE.
- Jonathan Heathcote & Fabrizio Perri, 2018.
"Wealth and Volatility,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 85(4), pages 2173-2213.
- Fabrizio Perri & Jonathan Heathcote, 2011. "Wealth and Volatility," 2011 Meeting Papers 1065, Society for Economic Dynamics.
- Fabrizio Perri & Jonathan Heathcote, 2013. "Wealth and Volatility," 2013 Meeting Papers 385, Society for Economic Dynamics.
- Fabrizio Perri & Jonathan Heathcote, 2012. "Wealth and Volatility," 2012 Meeting Papers 914, Society for Economic Dynamics.
- Jonathan Heathcote & Fabrizio Perri, 2015. "Wealth and Volatility," Staff Report 508, Federal Reserve Bank of Minneapolis.
- Heathcote, Jonathan & Perri, Fabrizio, 2015. "Wealth and Volatility," CEPR Discussion Papers 10453, C.E.P.R. Discussion Papers.
- Jonathan Heathcote & Fabrizio Perri, 2015. "Wealth and Volatility," NBER Working Papers 20994, National Bureau of Economic Research, Inc.
- Alexandra Born & Zeno Enders, 2019.
"Global Banking, Trade, and the International Transmission of the Great Recession,"
The Economic Journal, Royal Economic Society, vol. 129(623), pages 2691-2721.
- Enders, Zeno & Peter, Alexandra, 2015. "Global Banking, Trade, and the International Transmission of the Great Recession," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113022, Verein für Socialpolitik / German Economic Association.
- Alexandra Born & Zeno Enders, 2018. "Global Banking, Trade, and the International Transmission of the Great Recession," CESifo Working Paper Series 6912, CESifo.
- M. Ayhan Kose & Naotaka Sugawara & Marco E. Terrones, 2020.
"Global Recessions,"
Working Papers
162, Peruvian Economic Association.
- Kose, M. Ayhan & Sugawara, Naotaka & E. Terrones, Marco, 2020. "Global Recessions," CEPR Discussion Papers 14397, C.E.P.R. Discussion Papers.
- Kose, M. Ayhan & Sugawara, Naotaka & Terrones, Marco E., 2020. "Global Recessions," MPRA Paper 98608, University Library of Munich, Germany.
- M. Ayhan Kose & Naotaka Sugawara & Marco E. Terrones, 2020. "Global recessions," CAMA Working Papers 2020-10, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Kose,Ayhan & Sugawara,Naotaka & Terrones,Marco E., 2020. "Global Recessions," Policy Research Working Paper Series 9172, The World Bank.
- M. Ayhan Kose & Naotaka Sugawara & Marco E. Terrones, 2020. "Global Recessions," Koç University-TUSIAD Economic Research Forum Working Papers 2002, Koc University-TUSIAD Economic Research Forum.
- Bussirère, Matthieu & Lopez, Claude & Tille, Cédric, 2013.
"Currency Crises in Reverse: Do Large Real Exchange Rate Appreciations Matter for Growth?,"
MPRA Paper
44053, University Library of Munich, Germany.
- Tille, Cédric & Lopez, Claude & Bussière, Matthieu, 2014. "Do Real Exchange Rate Appreciations Matter for Growth?," CEPR Discussion Papers 9938, C.E.P.R. Discussion Papers.
- Matthieu Bussière & Claude Lopez & Cédric Tille, 2014. "Do Real Exchange Rate Appreciations Matter for Growth?," IHEID Working Papers 06-2014, Economics Section, The Graduate Institute of International Studies.
- Bussière, Matthieu & Lopez, Claude & Tille, Cédric, 2014. "Do real exchange rate appreciations matter for growth?," Kiel Working Papers 1922, Kiel Institute for the World Economy (IfW Kiel).
- Benhabib, Jess & Liu, Xuewen & Wang, Pengfei, 2016.
"Sentiments, financial markets, and macroeconomic fluctuations,"
Journal of Financial Economics, Elsevier, vol. 120(2), pages 420-443.
- Jess Benhabib & Xuewen Liu & Pengfei Wang, 2015. "Sentiments, Financial Markets, and Macroeconomic Fluctuations," NBER Working Papers 21294, National Bureau of Economic Research, Inc.
- Nam, Deokwoo & Wang, Jian, 2015. "The effects of surprise and anticipated technology changes on international relative prices and trade," Journal of International Economics, Elsevier, vol. 97(1), pages 162-177.
- MANTA, Otilia Elena, 2017. "European Policy On Increasing The Competitiveness Of The Financial Industry, A Key Factor For Job Creation," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 4(1), pages 217-227.
- Donadelli, Michael & Paradiso, Antonio, 2014. "Does financial integration affect real exchange rate volatility and cross-country equity market returns correlation?," The North American Journal of Economics and Finance, Elsevier, vol. 28(C), pages 206-220.
- Matthieu Bussière & Claude Lopez & Cédric Tille, 2015.
"Do real exchange rate appreciations matter for growth?,"
Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 30(81), pages 5-45.
- Bussière, Matthieu & Lopez, Claude & Tille, Cédric, 2014. "Do real exchange rate appreciations matter for growth?," Kiel Working Papers 1922, Kiel Institute for the World Economy (IfW Kiel).
- Tille, Cédric & Lopez, Claude & Bussière, Matthieu, 2014. "Do Real Exchange Rate Appreciations Matter for Growth?," CEPR Discussion Papers 9938, C.E.P.R. Discussion Papers.
- Matthieu Bussière & Claude Lopez & Cédric Tille, 2014. "Do Real Exchange Rate Appreciations Matter for Growth?," IHEID Working Papers 06-2014, Economics Section, The Graduate Institute of International Studies.
- Lathaporn Ratanavararak, 2018. "The Impact of Imperfect Financial Integration and Trade on Macroeconomic Volatility and Welfare in Emerging Markets," PIER Discussion Papers 79, Puey Ungphakorn Institute for Economic Research.
- Brianti, Marco & Cormun, Vito, 2023. "Expectation-Driven Boom-Bust Cycles," Working Papers 2023-4, University of Alberta, Department of Economics.
- Nguyen, Dung Thuy Thi & Diaz-Rainey, Ivan & Roberts, Helen & Le, Minh, 2022. "The non-monotonic relationship between financial integration and cost efficiency: Evidence from East Asian commercial banks," International Review of Economics & Finance, Elsevier, vol. 80(C), pages 418-438.
- Ha M. Nguyen, 2022. "On the Role of the Collateral Constraint Friction in the North–South Transmission of the 2008–2009 Financial Crisis," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 54(2-3), pages 707-728, March.
- Caporale, Guglielmo Maria & Donadelli, Michael & Varani, Alessia, 2015. "International capital markets structure, preferences and puzzles: A “US–China World”," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 36(C), pages 85-99.
- Paul Luk & David Vines, 2014. "Debt Deleveraging and the Zero Bound: Potentially Perverse Effects of Real Exchange Rate Movements," Working Papers 202014, Hong Kong Institute for Monetary Research.
- Makridis, Christos A., 2022. "The social transmission of economic sentiment on consumption," European Economic Review, Elsevier, vol. 148(C).
- Bank for International Settlements, 2014. "EME banking systems and regional financial integration," CGFS Papers, Bank for International Settlements, number 51.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Stijn Claessens & M Ayhan Kose, 2018. "Frontiers of macrofinancial linkages," BIS Papers, Bank for International Settlements, number 95.
- Bacchetta, Philippe & van Wincoop, Eric, 2013.
"Sudden spikes in global risk,"
Journal of International Economics, Elsevier, vol. 89(2), pages 511-521.
- Bacchetta, Philippe & van Wincoop, Eric, 2012. "Sudden Spikes in Global Risk," CEPR Discussion Papers 8853, C.E.P.R. Discussion Papers.
- Philippe Bacchetta & Eric van Wincoop, 2013. "Sudden Spikes in Global Risk," Swiss Finance Institute Research Paper Series 13-36, Swiss Finance Institute.
- Philippe Bacchetta & Eric van Wincoop, 2012. "Sudden Spikes in Global Risk," Working Papers 062012, Hong Kong Institute for Monetary Research.
- Malamud, Semyon & Malkhozov, Aytek, 2016. "Market Integration and Global Crashes," CEPR Discussion Papers 11468, C.E.P.R. Discussion Papers.
- Kyunghun Kim & Ju Hyun Pyun & Jiyoun An, 2017. "Does Credit Market Integration Amplify the Transmission of Real Business Cycle During Financial Crisis?," 2017 Meeting Papers 1236, Society for Economic Dynamics.
- Gunes Kamber & Christoph Thoenissen, 2011.
"Financial intermediation and the internationalbusiness cycle: The case of small countries with big banks,"
CAMA Working Papers
2011-22, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Gunes Kamber & Christoph Thoenissen, 2013. "Financial exposure and the international transmission of financial shocks," CAMA Working Papers 2013-39, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Eric van Wincoop, 2013.
"International Contagion through Leveraged Financial Institutions,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 5(3), pages 152-189, July.
- Eric van Wincoop, 2011. "International Contagion Through Leveraged Financial Institutions," NBER Working Papers 17686, National Bureau of Economic Research, Inc.
- Güneş Kamber & Christoph Thoenissen, 2013.
"Financial Exposure and the International Transmission of Financial Shocks,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(s2), pages 127-158, December.
- G√Úne≈Û Kamber & Christoph Thoenissen, 2013. "Financial Exposure and the International Transmission of Financial Shocks," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(s2), pages 127-158, December.
- Güneş Kamber & Christoph Thoenissen, 2013. "Financial exposure and the international transmission of financial shocks," Reserve Bank of New Zealand Discussion Paper Series DP2013/06, Reserve Bank of New Zealand.
- Gunes Kamber & Christoph Thoenissen, 2013. "Financial exposure and the international transmission of financial shocks," CAMA Working Papers 2013-39, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Eickmeier, Sandra & Ng, Tim, 2015.
"How do US credit supply shocks propagate internationally? A GVAR approach,"
European Economic Review, Elsevier, vol. 74(C), pages 128-145.
- Eickmeier, Sandra & Ng, Tim, 2011. "How do credit supply shocks propagate internationally? A GVAR approach," Discussion Paper Series 1: Economic Studies 2011,27, Deutsche Bundesbank.
- Eickmeier, Sandra & Ng, Tim, 2011. "How Do Credit Supply Shocks Propagate Internationally? A GVAR approach," CEPR Discussion Papers 8720, C.E.P.R. Discussion Papers.
- Cardani, Roberta & Hohberger, Stefan & Pfeiffer, Philipp & Vogel, Lukas, 2022.
"Domestic versus foreign drivers of trade (im)balances: How robust is evidence from estimated DSGE models?,"
Journal of International Money and Finance, Elsevier, vol. 121(C).
- Cardani, Roberta & Hohberger, Stefan & Pfeiffer, Philipp & Vogel, Lukas, 2020. "Domestic versus foreign drivers of trade (im)balances: How robust is evidence from estimated DSGE models?," MPRA Paper 102469, University Library of Munich, Germany.
- Cardani, Roberta & Hohberger, Stefan & Pfeiffer, Philipp & Vogel, Lukas, 2020. "Domestic versus foreign drivers of trade (im)balances: How robust is evidence from estimated DSGE models," JRC Working Papers in Economics and Finance 2020-05, Joint Research Centre, European Commission.
- Roberta Cardani & Stefan Hohberger & Philipp Pfeiffer & Lukas Vogel, 2020. "Domestic Versus Foreign Drivers Of Trade (Im)Balances: How Robust Is Evidence From Estimated DSGE Models," LIDAM Discussion Papers IRES 2020025, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Victoria Nuguer, 2016.
"Financial Intermediation in a Global Environment,"
International Journal of Central Banking, International Journal of Central Banking, vol. 12(3), pages 291-344, September.
- Nuguer Victoria, 2015. "Financial Intermediation in a Global Environment," Working Papers 2015-05, Banco de México.
- Robert Kollmann, 2013.
"Global Banks, Financial Shocks, and International Business Cycles: Evidence from an Estimated Model,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(s2), pages 159-195, December.
- Robert Kollmann, 2013. "Global Banks, Financial Shocks, and International Business Cycles: Evidence from an Estimated Model," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(s2), pages 159-195, December.
- Kollmann, Robert, 2012. "Global Banks, Financial Shocks and International Business Cycles: Evidence from an Estimated Model," CEPR Discussion Papers 8985, C.E.P.R. Discussion Papers.
- Robert Kollmann, 2013. "Global Banks, Financial Shocks And International Business Cycles: Evidence From An Estimated Model," CAMA Working Papers 2013-30, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Robert Kollmann, 2012. "Global banks, financial shocks and international business cycles: evidence from an estimated model," Globalization Institute Working Papers 120, Federal Reserve Bank of Dallas.
- Robert Kollmann, 2012. "Global Banks, Financial Shocks and International Business Cycles: Evidence from Estimated Models," 2012 Meeting Papers 840, Society for Economic Dynamics.
- Kalemli-Ozcan, Sebnem & Papaioannou, Elias & Perri, Fabrizio, 2013.
"Global banks and crisis transmission,"
Journal of International Economics, Elsevier, vol. 89(2), pages 495-510.
- Sebnem Kalemli-Ozcan, 2011. "Global Banks and Crisis Transmission," 2011 Meeting Papers 1376, Society for Economic Dynamics.
- Sebnem Kalemli-Ozcan & Elias Papaioannou & Fabrizio Perri, 2012. "Global Banks and Crisis Transmission," NBER Working Papers 18209, National Bureau of Economic Research, Inc.
- Perri, Fabrizio & Kalemli-Özcan, Sebnem & Papaioannou, Elias, 2012. "Global Banks and Crisis Transmission," CEPR Discussion Papers 9044, C.E.P.R. Discussion Papers.
- Metiu, Norbert & Hilberg, Björn & Grill, Michael, 2016.
"Credit constraints and the international propagation of US financial shocks,"
Journal of Banking & Finance, Elsevier, vol. 72(C), pages 67-80.
- Hilberg, Björn & Grill, Michael & Metiu, Norbert, 2016. "Credit constraints and the international propagation of US financial shocks," Working Paper Series 1954, European Central Bank.
- Metiu, Norbert & Hilberg, Björn & Grill, Michael, 2015. "Financial frictions and global spillovers," Discussion Papers 04/2015, Deutsche Bundesbank.
- An, Jiyoun & Kim, Kyunghun & Pyun, Ju Hyun, 2021. "Does debt market integration amplify the international transmission of business cycles during financial crises?," Journal of International Money and Finance, Elsevier, vol. 115(C).
- Dovern, Jonas & van Roye, Björn, 2014. "International transmission and business-cycle effects of financial stress," Journal of Financial Stability, Elsevier, vol. 13(C), pages 1-17.
- Berger, Tino & Grabert, Sibylle & Kempa, Bernd, 2017. "Global macroeconomic uncertainty," Journal of Macroeconomics, Elsevier, vol. 53(C), pages 42-56.
- George-Marios Angeletos & Chen Lian, 2018.
"Forward Guidance without Common Knowledge,"
American Economic Review, American Economic Association, vol. 108(9), pages 2477-2512, September.
- George-Marios Angeletos & Chen Lian, 2016. "Forward Guidance without Common Knowledge," NBER Working Papers 22785, National Bureau of Economic Research, Inc.
- George-Marios Angeletos & Chen Lian, 2017. "Forward Guidance without Common Knowledge," 2017 Meeting Papers 89, Society for Economic Dynamics.
- Senay, Ozge & Sutherland, Alan, 2019.
"Optimal monetary policy, exchange rate misalignments and incomplete financial markets,"
Journal of International Economics, Elsevier, vol. 117(C), pages 196-208.
- Sutherland, Alan & Senay, Ozge, 2016. "Optimal Monetary Policy, Exchange Rate Misalignments and Incomplete Financial Markets," CEPR Discussion Papers 11198, C.E.P.R. Discussion Papers.
- Sebnem Kalemli-Ozcan & Elias Papaioannou & José-Luis Peydró, 2013.
"Financial Regulation, Financial Globalization, and the Synchronization of Economic Activity,"
Journal of Finance, American Finance Association, vol. 68(3), pages 1179-1228, June.
- Kalemli-Ozcan, Sebnem & Papaioannou, Elias & Peydró, José-Luis, 2013. "Financial regulation, financial globalization, and the synchronization of economic activity," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 68(3), pages 1179-1228.
- Sebnem Kalemli-Ozcan & Elias Papaioannou & José Luis Peydró, 2009. "Financial Regulation, Financial Globalization and the Synchronization of Economic Activity," NBER Working Papers 14887, National Bureau of Economic Research, Inc.
- Kalemli-Ozcan, Sebnem & Papaioannou, Elias & Peydró, José-Luis, 2010. "Financial regulation, financial globalization and the synchronization of economic activity," Working Paper Series 1221, European Central Bank.
More about this item
Keywords
Contagion; Great recession; International co-movements;All these keywords.
JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
- F44 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Business Cycles
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MAC-2013-09-28 (Macroeconomics)
- NEP-OPM-2013-09-28 (Open Economy Macroeconomics)
Statistics
Access and download statisticsCorrections
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:cpr:ceprdp:9487. 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.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: the person in charge (email available below). General contact details of provider: https://www.cepr.org .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.