Diamondopoulos, John (2012): To what extent are financial crises comparable and thus predictable?
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This paper critically examines the quantitative approach to financial crises from two perspectives. First, the assumption of comparability of financial crises is analyzed. The key question here is: how comparable are crises? An important consideration here is the context – social and political. Second, if financial crises are comparable to a certain extent, then we should be able to make predictions. Thus, the second key question is: how predictable are crises? The results have implications for the development of a theory of financial crises and government policies on crisis management.
|Item Type:||MPRA Paper|
|Original Title:||To what extent are financial crises comparable and thus predictable?|
|Keywords:||Financial crises, Crisis, Crisis Models, Crisis Management|
|Subjects:||G - Financial Economics > G0 - General > G01 - Financial Crises
G - Financial Economics > G1 - General Financial Markets > G17 - Financial Forecasting and Simulation
G - Financial Economics > G1 - General Financial Markets > G18 - Government Policy and Regulation
H - Public Economics > H1 - Structure and Scope of Government > H12 - Crisis Management
|Depositing User:||John Diamondopoulos|
|Date Deposited:||30 Mar 2013 02:56|
|Last Modified:||05 Oct 2016 22:55|
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