The Cliometric Study of Financial Panics and Crashes

Matthew Jaremski

A chapter in Handbook of Cliometrics, 2024, pp 1491-1508 from Springer

Abstract: Abstract Financial crises present an identification challenge. On one hand, declines in economic activity often lead to bank failures, while on the other, bank failures often lead to declines in economic activity. To understand the causes of crises and determine their influence subsequent growth, it is vital to untangle these various factors. Approaches require well-constructed empirical models as well as knowledge of existing data and institutions. Each section of this chapter highlights empirical approaches that have been successfully used to study specific aspects of financial crises. Starting with survival and hazard functions, the chapter goes on to cover data envelopment analysis, vector autoregressions, instrumental variables, and difference-in-difference models.

Keywords: Financial panics; Bank failures; Bank regulation (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Chapter: The Cliometric Study of Financial Panics and Crashes (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-35583-7_12

Ordering information: This item can be ordered from
http://www.springer.com/9783031355837

DOI: 10.1007/978-3-031-35583-7_12

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().