This Time Is Different: Eight Centuries of Financial Folly

By Carmen M. Reinhart, Kenneth S. Rogoff. 2009

1,237 citations recorded by the source corpus.

Subfields: Education, Sociology and Political Science, Transportation

View Paper: https://www.semanticscholar.org/paper/1523a31f15df50937895b3d7ebb38ae3b9a2f91d

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Citations in the corpus

How Does Credit Supply Expansion Affect the Real Economy? The Productive Capacity and Household Demand Channels (2020, neutral): “The top panel in Figure 1 shows that credit to GDP expanded by 21.8 percentage points between 1See for example, Reinhart and Rogoff (2009), Jordà et al. (2013), Krishnamurthy and Muir (2017), Mian et al. (2017), Baron and Xiong (2017), and López-Salido et al. (2017).”
Political Institutions and Bank Risk-Taking Behavior (2015, neutral): “This effect Page 15 of 44 would be even more serious if banks fund this lending with large amounts of short-term debt (Reinhart & Rogoff 2009).”
Historical Patterns and Dynamics of Public Debt—Evidence From a New Database (2011, background): “…points per year, 1898–1900) France (11 percentage points per year, 1929–32), and Finland (11 percentage 26Footnote 1 to Table 1 lists the hard and soft defaults (sourced from Reinhart and Rogoff, 2009) as well as the debt reduction episodes which they overlapped with or immediately preceded.”
The Liquidation of Government Debt (2015, positive): “See New York Times, June 15, 1934.”
The Financial Crisis of 2007–2009: Why Did It Happen and What Did We Learn? (2015, neutral): “Chairman Ben Bernanke, April 13, 20121 Introduction Financial crises are a centuries-old phenomena (see Reinhart and Rogoff 2008, 2009, 2014), and there is a substantial literature on the subject (e.g., Allen and Gale 1998, 2000; Diamond and Dybvig 1983; I thank Arnoud Boot, Jennifer Dlugosz, Emre…”
An Overview of the Crisis: Causes, Consequences, and Solutions (2010, neutral): “As Carmen Reinhart and Kenneth Rogoff remind us in the title of their book, This Time is Different: Eight Centuries of Financial Folly, financial crises are nothing new (Reinhart and Rogoff 2009a).”
Sovereign Debt Relief and its Aftermath (2016, methodology): “To address this question, we use long time series on total, domestic and external central government debt assembled in Reinhart and Rogoff (2009, 2011) as well as data on total government debt to GDP 30.”
Sovereign defaults and banking crises (2018, methodology): “TD Y }{{} from Reinhart and Rogoff (2010) × DD TD }{{} from Reinhart and Rogoff (2011) = DD Y }{{} relevant debt ratio .”
Financial Sector Linkages and the Dynamics of Bank and Sovereign Credit Spreads (2014, neutral): “Reinhart and Rogoff (2011) document the link between the banking crisis and sovereign default in different countries in a historical perspective.”
Systemic Banking Crises Database: An Update (2012, neutral): “Not for Redistribution 12 It is also common for banking crises to precede currency and sovereign debt crises (e.g., Kaminsky and Reinhart, 1999; Reinhart and Rogoff, 2011).”
Credit Expansion and Neglected Crash Risk (2017, background): “…effects estimated from the probit model, with the 11 The gradual contraction process is likely due to credit lines pre-committed by banks, which, as documented by Ivashina and Scharfstein (2010), prevented banks from quickly reducing outstanding bank loans during the recent financial crisis.”