Financial crises: Questions and lessons

The Global Crisis started with a whimper – it used to be called the Subprime Crisis (Cecchetti 2007a, b). It took off with a bang – Lehman’s fall in September 2008 (Eichengreen et al. 2008). Then came the Eurozone Crisis in 2010 (De Grauwe 2010). Seeing the crisis with a long-term perspective was…

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Financial crises: Questions and lessons

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