respective major crisis triggers (Lehman’s collapse in the US and the 2009 admission by Papandreou, that Greece’s deficit was … those widely observed crisis triggers is similar in the EA and in the US, the behavior of their reserves is quite different …

financial crisis of 2007-09, they raised substantial amounts of new capital, both from private investors and through government …

crisis since mid-2007. We also find that there is some tendency of the yield movements to be larger when the demand for the …

relationship banks gather information on their borrowers, which allows them to provide loans for profitable firms during a crisis … firms in a crisis. Using detailed credit register information for Italian banks before and after the Lehman Brothers …' default, we are able to study how relationship and transaction-banks responded to the crisis and we test existing theories of …

the global financial crisis. This is due in part to the fact that many small economies continue to use hard exchange rate … hard fixers have been similar to those for inflation targeters during the Global Financial Crisis and its aftermath. …

are not stronger during the 2008-2009 crisis; if anything, the opposite is true. We then show that this weaker resilience …

-to-quality effect. Common news about the euro crisis and news about specific countries itself tend to raise the covariance of yields … between distressed countries, indicating potential crisis spill-over effects. However, we do not detect spillover effects from … Markets Programme (SMP) mitigate the negative crisis spillovers among the distressed countries and reduce the flight …

unique Latvian scanner-level dataset for food and beverages, covering the 2008-09 financial crisis, to study (i) relative … of foreign goods viz. the food CPI increased by 4.4% during the crisis. Second, the majority of the switching took place … value domestic items during the crisis, motivate us to model non-homothetic consumer demand. Over the crisis period, the …