PL EN


Preferencje help
Widoczny [Schowaj] Abstrakt
Liczba wyników
2010 | 11(XI) | nr 1 | 1--23
Tytuł artykułu

An Excursion through Two Hundred Years of Financial Crises

Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
This paper examines major U.S. financial crises from the beginning of the nineteenth century to the present. The financial crises of Poland are also discussed. Observing similarities and differences among various financial crises, including their causes and government responses, can shed light on the nature of financial crises. The current financial crisis is described and potential policies that may remedy the problem are discussed. Additionally, the paper briefly describes financial crises in Poland. The conclusion is that financial crises cannot be avoided. (original abstract)
Twórcy
  • The City College of New York, USA
Bibliografia
  • Blair T. (2010). A Journey. Hutchinson, Random House, London, UK.
  • Blinder and Zandi (2010). "How the Great Recession Was Brought to an End". http://www.economy.com/mark-zandi/documents/End-of-Great-Recession.pdf. Accessed on October 11, 2010.
  • Boyd John H., Gianni de Nicolò, and Elena Loukoianova (2009). "Banking Crises and Crisis Dating: Theory and Evidence." IMF Working Papers, pp. 1-51, July 10.
  • Bloomberg. http://www.bloomberg.com/apps/quote?ticker=WIG:IND. Accessed on October 11, 2010.
  • Braunstein Yale (2009). "The Role of Information Failures in the Financial Meltdown", School of Information, UC Berkeley, US.
  • Bruner Robert F. and Sean D. Carr (2007). The Panic of 1907: Lessons Learned from the Market's Perfect Storm. John Wiley & Sons, Inc., Hoboken, New Jersey, US.
  • Bureau of Labor Statistics (BLS) (2010), Data Series: Employment, Hours, and Earnings from the Current Employment Statistics Survey (National).
  • Bordo Michael D. (2003). "Historical Perspective on Booms, Busts and Recessions: When Bubbles Burst" IMF World Economic Outlook, pp. 64-66. Washington, DC, US.
  • Calomiris Charles W. and Schweikart Larry (1991). "The Panic of 1857 : Origins, Transmission, and Containment." The Journal of Economic History, Vol. 51, No. 4, 807-834.
  • Caporale Tony and Barbara McKiernan (1998) "The Fischer Black Hypothesis: Some Time-Series Evidence," Southern Economic Journal, Vol. 64, No. 3 (January), pp. 765-771.
  • Cogan John, Tobias Cwik, John B. Taylor, and Volker Wieland (2009). "New Keynesian versus Old Keynesian Government Spending Multipliers." European Central Bank Working Paper Series, No. 1090, pp. 1-27.Frankfurt am Main, DE.
  • Demirgüç-Kunt Asli and Detragiache Enrica, (1997). "The Determinants of Banking Crises in Developing and Developed Countries." IMF Staff papers 45, pp. 81-109. Washington, DC.
  • DeNavas-Walt Carmen, Bernadette D. Proctor and Jessica C. Smith (2010), "Income, Poverty, and Health Insurance Coverage in the United States: 2009 Current Population Reports, Consumer Income", U.S. Department of Commerce Economics and Statistics Administration, U.S. Census Bureau.
  • Conant Charles (1915). A History of Modern Banks of Issue: With an Account of the Economic Crises of the Nineteenth Century, and the Crisis of 1907, Fourth Edition. Revised and Enlarged. G.P. Putnam & Sons, New York City, NY, US.
  • Federal Reserve Bank of Minneapolis Quarterly Review Vol. 24, No. 2. 2000.
  • Furceri Davide and Aleksandra Zdzienicka (2010). "The Real Effect of Financial Crises in the European Transition Economies," Economics of Transition, August, pp. 1-25.
  • García-Herrero Alicia and Pedro Del Rio-Lopez (2003). "Financial Stability and the Design of Monetary Policy," Banco de España Working Paper, No. 0315. Madrid, ES.
  • Hoffmann Charles (1970). The Depression of the Nineties: An Economic History. Greenwood Publishing, Westport, CT, U.S.
  • Holton James (1990). The Reading Railroad: History of a Coal Age Empire, Vol. I: The Nineteenth Century, Garrigues House Publishing, Laury's Station, PA, US.
  • International Monetary Fund (IMF): World Economic Outlook (WEO), April 2009. http://www.imf.org/external/pubs/ft/weo/2009/01/pdf/text.pdf. Accessed on October 11, 2010.
  • Izzo Phil (2010), "August Unemployment Rates by State: Stagnant Labor Market", The Wall Street Journal. 21 September.
  • Kaminsky Graciela L. and Carmen Reinhart (1999). "The Twin Crises: the Causes of Banking and Balance-of-Payments Problems." The American Economic Review, Volume 89, Issue 3 (June), pp. 473-500.
  • Klomp Jeroen, 2010, "Causes of Banking Crises Revisited," The North American Journal of Economics and Finance, Volume 21, Issue 1 (March), pp. 72-87.
  • Klein Lawrence R. (1947). The Keynesian Revolution. Macmillan, New York, NY, US.
  • Krugman, Paul (2009). The Return of Depression Economics and the Crisis of 2008, with a New Epilogue. W. W. Norton & Company, New York, NY, US.
  • Labaton Stephen (2008). "Agency's '04 Rule Let Banks Pile Up New Debt". The New York Times, 2 October.
  • Mason David L. (2001). "From Building and Loans to Bail-Outs: A History of the American Savings and Loan Industry, 1831-1989". Ph.D dissertation, Ohio State University, US.
  • McQueen M.P. (2010). "Real Estate Investing : the Best and Worst Markets", The Wall Street Journal. 21 August.
  • Oberholtzer Ellis P. (1926). A History of the United States Since the Civil War. Macmillan, New York, NY, US.
  • Olsen Henry (2010). "Unemployment: What Would Reagan Do?" The Wall Street Journal. 10 August.
  • Reinhart Carmen M. and Kenneth S. Rogoff (2009). This Time is Different: Eight Centuries of Financial Folly. Princeton University Press, Princeton, NJ, US.
  • Reinhart Carmen M. and Kenneth S. Rogoff (2009B). "The Aftermath of Financial Crises," American Economic Review, Volume 99 (May), pp. 466-472.
  • Rolnick Arthur J., Bruce D. Smith and Warren E. Weber (1998). "The Suffolk Bank and the Panic of 1837: How a Private Bank Acted as a Lender-of-Last-Resort." Federal Reserve Bank of Minneapolis Research Department, US.
  • Rosenof Theodore (1997). Economics in the Long Run: New Deal Theorists and Their Legacies, 1933-1993. University of North Carolina Press, Chapel Hill, NC, US.
  • Rothbard Murray N. (1962). The Panic of 1819: Reactions and Policies. Columbia University Press, New York, NY, US.
  • Rousseau Peter L. (2002). "Jacksonian Monetary Policy, Specie Flows, and the Panic of 1837". The Journal of Economic History, Vol. 62, No. 2 (June), pp. 457-488.
  • Stiglitz Joseph (2010) "Needed: A New Economic Paradigm," Financial Times. 19 August.
  • Strunk Norman and Fred Case (1988). Where Deregulation Went Wrong: A Look at the Causes Behind Savings and Loan Failures in the 1980s. United States League of Savings Institutions, Chicago, IL, US.
  • Shultz George P., Michael J. Boskin, John F. Cogan, Allan Meltzer, and John B. Taylor (2010). "Principles for Economic Revival," The Wall Street Journal. 16 September.
  • Tang Helena, Edda Zoli and Irina Klytchnikova (2000). "Banking Crises in Transition Countries: Fiscal Costs and Related Issues", World Bank Policy Research Working Paper Series, 30 November. Washington, DC, US.
  • Timberlake Richard (1997). "Panic of 1893" in Business Cycles and Depressions: An Encyclopedia, ed. David Glasner. Garland, New York, NY, US.
  • "Timeline: A Selected Wall Street Chronology." Public Broadcasting Service. Retrieved 30 September, 2008.
  • United States Census Bureau, Data Series: Houses for Sale by Region and Months' Supply at Current Sales Rate. http://www.census.gov/const/fsalmon.pdf. Accessed on October 11, 2010.
  • United States Census Bureau, Data Series: Houses Sold by Region. http://www.census.gov/const/soldann.pdf. Accessed on October 11, 2010.
  • United States Census Bureau, Data Series: Median and Average Sales Prices of New Homes Sold in United States. http://www.census.gov/const/uspricemon.pdf. Accessed on October 11, 2010.
  • Wheeler Keith (1973). The Railroaders (Old West). Time Life Education, New York, NY, US.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171237349

Zgłoszenie zostało wysłane

Zgłoszenie zostało wysłane

Musisz być zalogowany aby pisać komentarze.
JavaScript jest wyłączony w Twojej przeglądarce internetowej. Włącz go, a następnie odśwież stronę, aby móc w pełni z niej korzystać.