Rose, Andrew K.; Spiegel, Mark M. - Dipartimento del Tesoro, Ministero dell'Economia e …
This paper models the causes of the 2008 financial crisis together with its manifestations, using a Multiple Indicator Multiple Cause (MIMIC) model. Our analysis is conducted on a crosssection of 107 countries; we focus on national causes and consequences of the crisis, ignoring crosscountry...