Cross-Country Causes and Consequences of the Crisis: An Update

By A. Rose, M. Spiegel. 2011

326 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/63cb67810625808f867ee0e1a6dfb1a829ce7bc1

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Citations in the corpus

How Resilient and Countercyclical Were Emerging Economies to the Global Financial Crisis? (2012, unknown): “First, when using GDP growth as an indicator of economic performance (as in Frankel and Saravelos, 2010; Rose and Spiegel, 2010, 2011a, and 2011b; Rose, 2011), it is true that advanced economies attained lower rates of GDP growth during the crisis.”
Banking, debt, and currency crises in developed countries: Stylized facts and early warning indicators (2014, background): “Recently, Rose and Spiegel (2011) have expressed skepticism about the possibility of explaining the cross-country incidence of the recent global financial crisis.”
The crisis sensitivity of European countries and regions: stylized facts and spatial heterogeneity (2011, background): “Rose and Spiegel (2010) suggest that trade linkages were actually more important in spreading of the crisis than financial linkages.”
External Liabilities and Crises (2013, background): “Using a broad crisis definition encompassing large drops in real GDP growth, in the stock market, in the exchange rate, and in sovereign risk indicators, Rose and Spiegel (2009, 2011) are unable to identify variables that consistently explain the cross-country incidence and severity of the crisis.”
The geography of the economic crisis in Europe: National macroeconomic conditions, regional structural factors and short-term economic performance (2016, background): “Following Rose and Spiegel (2010), who suggest that trade linkages were more relevant than financial ones, we particularly focus our attention on the former.”
Predicting Distress in European Banks (2014, background): “Logit analysis is preferred over probit analysis as its assumption of more fat-tailed error distribution corresponds better to the frequency of banking crises and bank distress events (van den Berg et al., 2008). Hazard models would hold promise for these inherently problematic data by not having as”
The Great Retrenchment: International Capital Flows During the Global Financial Crisis (2011, unknown): “…to macroeconomic characteristics, we find that declines in capital inflows were larger in countries with higher GDP per capita, a result reminiscent of the findings in Lane and Milesi-Ferretti (2010) and Rose and Spiegel (2010) that output and demand declines were more severe in richer countries.”
Model Averaging and Its Use in Economics (2017, methodology): “Following the work of Rose and Spiegel (2011) and the earlier BMA approach of Giannone et al. (2011), Feldkircher (2014) uses BMA to identify the main macroeconomic and financial market conditions that help explain the real economic effects of the global financial crisis of 2008- 9.”
Can Leading Indicators Assess Country Vulnerability? Evidence from the 2008-09 Global Financial Crisis (2012, background): “In a follow-up paper, Rose and Spiegel (2011) subsequently updated the data sample to include 2009.”