In order to establish a reasonable and effective financial crisis early warning model, the article chooses some financial indicators and uses factor analysis to get the common factors to conduct the most salient financial indicators. In the case that multirole linearity is not significant, the article uses the logistic regression to analyse eligible financial data and obtains the financial cris...

How did the crisis impact financial intermediation? We address this question by studying a unique market segment, viz. foreign private debt issued in the U.S, which grew in size despite the financial crisis. Specifically foreign private (or Rule 144A) debt issued in U.S. registered over a five-fold increase compared to public (or Yankee) debt between pre-crisis and crisis periods, while at the ...

UNLABELLED We report a 45-year-old woman who presented to our facility in a hypertensive crisis. Computed tomography (CT) revealed a thoracic aortic tumor, and tissues obtained via endovascular biopsy revealed undifferentiated sarcoma. A final diagnosis of intimal sarcoma was made by intra-operative pathological examination. Despite undergoing surgical resection followed by adjuvant chemotherap...

We examine whether by adding a credit channel to the standard New Keynesian model we can account better for the behaviour of US macroeconomic data up to and including the banking crisis. We use the method of indirect inference which evaluates statistically how far a model’s simulated behaviour mimics the behaviour of the data. We …nd that the model with credit dominates the standard model by a ...

 Before the crisis there were different growth models in Europe: property bubbles in Spain and Ireland, state spending in Greece, hypertrophied financial sectors in the United Kingdom and Cyprus. All of these were based on growing, mostly private debt. They caused large current account deficits, and imploded in the financial crisis. State-led bank rescues to stabilise the financial sector mass...

BACKGROUND The current financial crisis is having a major impact on European economies, especially that of Spain. Past evidence suggests that adverse macro-economic conditions exacerbate mental illness, but evidence from the current crisis is limited. This study analyses the association between the financial crisis and suicide rates in Spain. METHODS An interrupted time-series analysis of nat...

The financial crisis in the Fall of 1998 was the first post-World War II crisis in which events in emerging market economies seriously threatened the financial stability of the West, and where the origins of the crisis was clearly to be found in the workings of liberalised markets and private sector institutions. The spark was the financial crisis that overwhelmed many of the Asian economies in...

The magnitude and frequency of recent financial crises underscore the importance of understanding financial instability for the purpose of crisis prevention and crisis management. This paper brings together and adds structure to the theoretical literature on financial instability and the implications they carry for policy-makers. In addition to clarifying the theoretical underpinnings for study...

Since the 1980s, banks and financial service institutions have been running in an endless race of innovation to cope with the advancing technology, the fierce competition, and the more sophisticated and demanding customers. In order to guide their innovation efforts, several researches were conducted to identify the success and failure factors of new financial services. These mainly included or...