Racial Exclusion and the Political Economy of the Subprime Crisis
We use loan-level data to examine how large international banks reduced their cross- border lending after the collapse of Lehman Brothers.
Lessons from the Iceland CrisisThe Icelandic banks were largely unable to refinance foreign currency liabilities after the outbreak of the international financial crisis in August 2007. ... Firms' investments during two crises - Temi di discussioneG-20 leaders held their first crisis-related summit in November 2008. The goal was to understand the root causes of the global crisis and to reach consensus ... DID CENTRAL BANKS CAUSE THE LAST FINANCIAL CRISIS ...The ongoing global financial and economic crisis has the potential to usher in a period of a global recession that may seriously undermine ...
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