The stunning collapse of the thrift industry, the major stock slump of 1987, rising corporate debt, wild fluctuations of currency exchange rates, and a rash of

Based on a special National Bureau of Economic Research conference held in Oct. 1989. Includes bibliographical references and indexes.

This book provides new research on economic crises. Chapter One analyzes the relationships between economic downturns and marketing strategies, to provide a sna

The lingering effects of the economic crisis are still visible—this shows a clear need to improve our understanding of financial crises. This book surveys a w

This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since ma