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Economic crises, what we learn from history and economic theory

Gabriella Chiesa () and Luigi Filippini ()

Rivista Internazionale di Scienze Sociali, 2014, vol. 126, issue 3, 331-348

Abstract: This paper analyses the current crisis by reconstructing the main stylized facts and the economic ideas mainly based on contemporary credit theory. Emphasis is placed on Central Banks’ interventions.

Keywords: Economic crises; Credit cycle; Leverage; Central bank interventions (search for similar items in EconPapers)
JEL-codes: G01 E44 E51 E58 (search for similar items in EconPapers)
Date: 2014
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Handle: RePEc:vep:journl:y:2014:v:126:i:3:p:331-348