The Causes and Propagation of Financial Instability : Lessons for Policymakers

@inproceedings{Mishkin1997TheCA,
  title={The Causes and Propagation of Financial Instability : Lessons for Policymakers},
  author={F Mishkin},
  year={1997}
}
In the last twenty years, countries throughout the world have experienced severe bouts of financial instability. Banking crises have become so common that it is the rare country that has not experienced one, while full-scale financial crises have struck some economies with devastating effects. Financial instability, although a particularly severe problem for emerging-market countries which suffer disproportionately when it occurs, has struck industrialized countries just as frequently. 
Highly Cited
This paper has 41 citations. REVIEW CITATIONS

From This Paper

Figures, tables, and topics from this paper.

Citations

Publications citing this paper.
Showing 1-10 of 33 extracted citations

References

Publications referenced by this paper.
Showing 1-10 of 14 references

“ Early Warning Indicators of Banking Crises : Are They the Same in Emerging Markets and in Industrial Countries ?

Liliana. Rojas-Suarez
1997

“ Speculative Attacks on Fixed Exchange Rates

Barry Eichengreen, Andrew Rose, Charles Wyplosz.
1997

“ What Role for the Official Sector ?

Morris Goldstein.
Guillermo Calvo and others , eds . , Private Capital Flows to Emerging Markets After the Mexican Crisis • 1996

Bank Regulation and the Credit Crunch,

J. Peek, E. S. Rosengren
1995
View 1 Excerpt

Financial Intermediation and Delegated Monitoring,

D. Diamond
1995
View 1 Excerpt

Kurt Wicksell’s Norm of Price Stabilization and Swedish Monetary Policy in the 1930s,

Jonung, Lars
1995

“ The Mirage of Fixed Exchange Rates

Ken Rogoff.
Journal of Economic Perspectives • 1995

Similar Papers

Loading similar papers…