The global financial crisis

dc.contributor.author	Allen, Franklin
dc.contributor.author	Carletti, Elena
dc.date.accessioned	2019-11-01T00:05:21Z
dc.date.available	2019-11-01T00:05:21Z
dc.date.issued	2011
dc.identifier.isbn	978-956-7421-35-0
dc.identifier.uri	https://hdl.handle.net/20.500.12580/3896
dc.description	Financial crises have been pervasive for many years. Bordo and others (2001) find that in recent decades their frequency has doubled that of the Bretton Woods period (1945–71) and the gold standard era (1880–1993) becoming comparable only to the period during the Great Depression. Nevertheless the financial crisis that started in the summer of 2007 came as a great surprise to most people. What initially seemed like difficulties in the U.S. subprime mortgage market rapidly escalated spilling over into financial markets and then the real economy. The crisis changed the financial landscape worldwide and its full costs are yet to be evaluated.
dc.format	.pdf
dc.format.extent	Sección o Parte de un Documento
dc.format.medium	p. 23-47
dc.language.iso	eng
dc.publisher	Banco Central de Chile
dc.relation.ispartof	Series on Central Banking Analysis and Economic Policies no. 16
dc.rights	Attribution-NonCommercial-NoDerivs 3.0 Chile	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/cl/	*
dc.subject	CRISIS FINANCIERA	es_ES
dc.subject	CRISIS ECONÓMICA 2008	es_ES
dc.title	The global financial crisis
dc.type.doc	Artículo
dc.file.name	BCCh-sbc-v16-p023_047

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