What Caused the Global Financial Crisis : Evidenceon the Drivers of Financial Imbalances 1999: 2007

Evidenceon the Drivers of Financial Imbalances 1999: 2007

What Caused the Global Financial Crisis : Evidenceon the Drivers of Financial Imbalances 1999: 2007
This paper investigates empirically the drivers of financial imbalances ahead of the global financial crisis. Three factors may have contributed to the build-up of financial imbalances: (i) rising global imbalances (capital flows), (ii) monetary policy that might have been too loose, (iii) inadequate supervision and regulation. Panel data... READ MORE...

Publication date: November 2010
ISBN 9781455210725
$18.00

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