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- W3124920595 abstract "We update Rose and Spiegel, forthcoming, Rose and Spiegel, 2010 and search for simple quantitative models of macroeconomic and financial indicators of the “Great Recession” of 2008–09. We use a cross-country approach and examine a number of potential causes that have been found to be successful indicators of crisis intensity by other scholars. We check a number of different indicators of crisis intensity, and a variety of different country samples. While countries with higher income and looser credit market regulation seemed to suffer worse crises, we find few clear reliable indicators in the pre-crisis data of the incidence of the Great Recession. Countries with current account surpluses seemed better insulated from slowdowns." @default.
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- W3124920595 date "2011-04-01" @default.
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- W3124920595 title "Cross-country causes and consequences of the crisis: An update" @default.
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- W3124920595 doi "https://doi.org/10.1016/j.euroecorev.2010.12.006" @default.
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