 | What’s the Damage? Medium-term Output Dynamics After Banking Crises Author/Editor: Abdul Abiad, Petya Koeva Brooks, Irina Tytell, Daniel Leigh, Ravi Balakrishnan. Release Date:November, 2009 This paper investigates the medium-term behavior of output following banking crises, and its association with pre- and post-crisis conditions and policies. We find that output tends to be depressed more...
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| From Subprime Loans to Subprime Growth? Evidence for the Euro Area Author/Editor: Martin Cihak, Petya Koeva Brooks. Release Date:March, 2009 The global financial crisis has highlighted the potential of financial conditions for influencing real economic activity. We examine the linkages between the financial and real sectors in the euro more...
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