Cross-Country Causes and Consequences of the 2008 Crisis: International Linkages and American Exposure

By Andrew K. Rose, M. Spiegel. 2009

268 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/b25c0cfaa88ba29132fc9bfaa06c1238857a7a0a

Citations in the corpus

• From the Financial Crisis to the Real Economy: Using Firm-Level Data to Identify Transmission Channels (2012, unknown): “The existing literature has attempted to distinguish these channels by including proxies for trade or financial integration (see Rose and Spiegel, 2010 a, b; and Milesi-Ferretti and Lane, 2010).”
• The Global Financial Crisis: Explaining Cross-Country Differences in the Output Impact (2012, unknown): “Rose and Spiegel (2009) find no evidence that international linkages have an impact on the incidence of the crisis.2 II.”
• 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.”
• Global Crises and Equity Market Contagion (2012, unknown): “…transmission of the crisis across firms and markets within the US, such as Tong and Wei (2010), Almeida et al. (2009) and Diebold and Yilmaz (2010), or articles taking a more macroeconomic perspective such as Eichengreen et al. (2009), Frankel and Saravelos (2010) and Rose and Spiegel (2010, 2011).”
• Can Leading Indicators Assess Country Vulnerability? Evidence from the 2008-09 Global Financial Crisis (2012, unknown): “Thus the variable that has shown up most frequently in the preceding literature (recall Table 1) performs moderately well in predicting vulnerability in 2008–09, contrary to Blanchard et al. (2009), Rose and Spiegel (2009a, 2009b, 2010, 2011) and others.”
• For a Few Dollars More: Reserves and Growth in Times of Crises (2015, unknown): “The more stringent a country’s capital account (higher value of cc), the more pronounced the marginal effect of the ex ante foreign reserve adequacy ratio on economic growth during the GFC. Figure 3a gives an illustrative overview of the evolution of the marginal effects of reserves as a function of”
• Financial Regulation, Financial Globalization and the Synchronization of Economic Activity (2009, unknown): “In contrast, Rose and Spiegel (2010) and Lane and Milesi-Ferretti (2011) did not find any role of financial linkages, in general, in transmitting the crisis of 2007 2009.”
• Financial Sector Linkages and the Dynamics of Bank and Sovereign Credit Spreads (2014, unknown): “Rose and Spiegel (2010) fi nd “ remarkably little evidence that the intensity of the crisis across countries can be easily modeled using quantitative techniques and standard data that is either country speci fi c or links countries to the source of the crisis.”
• Capital Flow Waves: Surges, Stops, Flight, and Retrenchment (2012, unknown): “…factors in causing crises or sudden changes in capital flows, an approach which has recently been popular due to the finding in papers such as Rose and Spiegel (2009) that individual country exposure to U.S. assets and trade was insignificant in determining how each country was affected by…”
• Capital Flows, Push versus Pull Factors and the Global Financial Crisis (2012, unknown): “…a growing literature on the 2007-2008 financial crisis, which has partly focused on the US and its policy responses (e.g. Calomiris 2008, Taylor 2009), while the literature on the global transmission of the crisis has been more limited (e.g. Blanchard, Das and Faruqee 2010, Rose and Spiegel 2011).”