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2011 | 11 | nr 1 | 28-47
Tytuł artykułu

A historical overview of financial crises in the United States

Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
One of the few constants since the United States declared its independence is the presence of frequent financial crises with similar causes. In the nineteenth century, these panics were frequent with eight occurring over the century. However, following the Second World War there was a period of relative calm, which may have led to complacency. The Savings and Loans and the current financial crises have shown that these events remain a very real threat to economic stability. I have greatly benefitted from research assistance by Zach Winston from Pennsylvania State University and Gregory Kauffman from the University of Pennsylvania. (original abstract)
Rocznik
Tom
11
Numer
Strony
28-47
Opis fizyczny
Twórcy
  • The City College of New York, USA
Bibliografia
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  • Reinhart, C.M., Rogoff, K.S. (2009a), This Times Is Different, Princeton University Press, Princeton, New Jersey.
  • Reinhart, C.M., Rogoff, K.S. (2009b), International Aspects of Financial-Market Imperfections: the Aftermath of Financial Crises, American Economic Review, vol. 99, no.2, p. 466-472.
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171223543
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