Seminar NBS 24.11.2011 Andrew K.Rose

Dobry den,
rad by som Vas pozval na seminar odboru vyskumu, ktory sa uskutocni vo stvrtok 24. 11. 2011 o 13:00 v konferenčnej miestnosti NBS.

Andrew K. Rose (University of California, Berkeley)
The Causes and Consequences of the 2008 Crisis - An Update

Abstract
We update (Rose and Spiegel, forthcoming) and (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.

Ucast na seminari prosim potvrdte emailom na adrese eva.kreibik@nbs.sk.

Prajem pekny den,
Matúš Senaj
Odbor výskumu
Národná banka Slovenska
tel.: 02 5787 2935
e-mail: matus.senaj@nbs.sk
web: http://www.nbs.sk/sk/publikacie/vyskumne-studie
http://ideas.repec.org/f/pse317.html