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The lingering effects of the economic crisis are still visible—this shows a clear need to improve...

This paper analyzes the interactions between business and financial cycles using an extensive...

This paper provides a comprehensive analysis of financial cycles using a large database covering...

We identify current challenges for creating stable, yet efficient financial systems using lessons...

Even after one of the most severe multi-year crises on record in the advanced economies, the...

This paper reviews the literature on financial crises focusing on three specific aspects. First,...