The global financial crisis

Financial crises have been pervasive for many years. Bordo and others (2001) find that in recent decades their frequency has doubled that of the Bretton Woods period (1945–71) and the gold standard era (1880–1993) becoming comparable only to the period during the Great Depression. Nevertheless the f...

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Autores principales: Allen, Franklin, Carletti, Elena
Formato: Artículo
Lenguaje:eng
Publicado: Banco Central de Chile 2019
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Acceso en línea:https://hdl.handle.net/20.500.12580/3896
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spelling oai-20.500.12580-38962021-04-24T11:17:20Z The global financial crisis Allen, Franklin Carletti, Elena CRISIS FINANCIERA CRISIS ECONÓMICA 2008 Financial crises have been pervasive for many years. Bordo and others (2001) find that in recent decades their frequency has doubled that of the Bretton Woods period (1945–71) and the gold standard era (1880–1993) becoming comparable only to the period during the Great Depression. Nevertheless the financial crisis that started in the summer of 2007 came as a great surprise to most people. What initially seemed like difficulties in the U.S. subprime mortgage market rapidly escalated spilling over into financial markets and then the real economy. The crisis changed the financial landscape worldwide and its full costs are yet to be evaluated. 2019-11-01T00:05:21Z 2019-11-01T00:05:21Z 2011 Artículo 978-956-7421-35-0 https://hdl.handle.net/20.500.12580/3896 eng Series on Central Banking Analysis and Economic Policies no. 16 Attribution-NonCommercial-NoDerivs 3.0 Chile http://creativecommons.org/licenses/by-nc-nd/3.0/cl/ .pdf Sección o Parte de un Documento p. 23-47 application/pdf Banco Central de Chile
institution Banco Central
collection Banco Central
language eng
topic CRISIS FINANCIERA
CRISIS ECONÓMICA 2008
spellingShingle CRISIS FINANCIERA
CRISIS ECONÓMICA 2008
Allen, Franklin
Carletti, Elena
The global financial crisis
description Financial crises have been pervasive for many years. Bordo and others (2001) find that in recent decades their frequency has doubled that of the Bretton Woods period (1945–71) and the gold standard era (1880–1993) becoming comparable only to the period during the Great Depression. Nevertheless the financial crisis that started in the summer of 2007 came as a great surprise to most people. What initially seemed like difficulties in the U.S. subprime mortgage market rapidly escalated spilling over into financial markets and then the real economy. The crisis changed the financial landscape worldwide and its full costs are yet to be evaluated.
format Artículo
author Allen, Franklin
Carletti, Elena
author_facet Allen, Franklin
Carletti, Elena
author_sort Allen, Franklin
title The global financial crisis
title_short The global financial crisis
title_full The global financial crisis
title_fullStr The global financial crisis
title_full_unstemmed The global financial crisis
title_sort global financial crisis
publisher Banco Central de Chile
publishDate 2019
url https://hdl.handle.net/20.500.12580/3896
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