Series: IMF Working Papers
Author(s): Stijn Claessens , and Ayhan Kose
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 30 January 2013
Keywords: debt crises, defaults, policy implications, financial restructuring, asset booms, crises prediction, International Business Cycles, General, crises prediction.,
This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since many theories on the sources of financial crises highlig...