Economics of Crisis

A scholarly consortium on the causes, policies, and impacts of global financial crises

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Analysis of Crises

  • *Financial Crises Databases
  • *Regulatory and Monitoring Structures
  • A New Financial Architecture
  • American Crisis 2008: Causes and Outcomes of the Crisis
  • American Crisis 2008: Empirical Work on the Crisis
  • American Crisis 2008: High-Level Meetings
  • American Crisis 2008: New Financial Architecture
  • American Crisis 2008: Regions Outside US, EU
  • American Crisis 2008: Timeline of Events
  • American Crisis 2008: US, Europe
  • American Crisis 2008: Vulnerable Groups
  • Members
  • Policies: Lessons from the 1980s Debt Default Crises
  • Policies: Lessons from the Asian Financial Crisis
  • Policies: Lessons from the Early Nineties Developed Country Crises
  • Policies: Lessons from the Great Depression, 1929
  • Resources: Websites and Articles

Policies: Lessons from the Early Nineties Developed Country Crises

Japan, Nordic Countries, ERM Crisis

References:

  1. BBC.  2003.  History of the Euro.  http://news.bbc.co.uk/2/hi/uk_news/politics/2450825.stm
  2. Buiter, Willem H., Giancarlo Corsetti and Paolo A. Pesenti. 1998.  Financial Markets and European Monetary Cooperation.  New York: Cambridge University Press.
  3. Caballero, Ricardo J., Takeo Hoshi and Anil K Kashyap. 2008.  Zombie Lending and Depressed
  4. Restructuring in Japan.  American Economic Review 98(5): 1943–77.
  5. Englund, Peter.  1999.  The Swedish Banking Crisis: Roots and Consequences.  Oxford Review of Economic Policy 15(3): 80-97.
  6. Hénin, Pierre-Yves and Marie Podevin.  2002.  Assessing the Effects of Policy Changes: Lessons from the European 1992 Experience.  The Econometrics of Policy Evaluation, Jul. - Dec.: 435-461.
  7. Hoshi, Takeo and Anil K Kashyap.  2004.  Japan’s Financial Crisis and Economic  Stagnation.  Journal of Economic Perspectives 18(1): 3–26.
  8. Kanaya, Akihiro and David Woo.  2000.  The Japanese Banking Crisis of the 1990s: Sources and Lessons.  IMF Working Paper No. 7.
  9. Mai, Nicola.  2008.  Lessons from the 1990s Scandinavian banking crises.  JP Morgan Chase Research Note.  May 9.
  10. Nakaso, Hiroshi.  2001.  The financial crisis in Japan during the 1990s: how the Bank of Japan responded and the lessons learnt.  BIS Papers No 6.
  11. Nyberg, Peter and Vesa Vihriälä.  1993.  The Finnish Banking Crisis and Its Handling.  Bank of Finland Discussion Paper 8.
  12. Sandal, Knut.  2004.  The Nordic banking crises in the early 1990s: resolution methods and fiscal costs.  Chapter Three in The Norwegian banking crisis, eds. Moe, Solheim and Value.  Norges Bank Occasional Paper No. 33.
  13. Steigum, Erling.  2004.  Financial deregulation with a fixed exchange rate: Lessons from Norway’s boom-bust cycle and banking crisis.  Chapter Two in The Norwegian banking crisis, eds. Moe, Solheim and Value.  Norges Bank Occasional Paper No. 33.
  14. Vale, Bent.  2004.  The Norwegian banking crisis.  Chapter One in The Norwegian banking crisis, eds. Moe, Solheim and Value.  Norges Bank Occasional Paper No. 33.