When crises collide

Authors	S. Claessens M.A. Kose M.E. Terrones
Publication date	2008
Journal	Finance and Development
Volume | Issue number	45 | 4
Pages (from-to)	26-28
Organisations	Faculty of Economics and Business (FEB) - Amsterdam Business School Research Institute (ABS-RI)
Abstract	Earlier episodes of recessions, crunches, and busts are sobering, suggesting that recessions following the current financial crisis may be more costly because they are likely to take place alongside simultaneous credit crunches and asset price busts.
Document type	Article
Published at	http://www.imf.org/external/pubs/ft/fandd/2008/12/pdf/claessens.pdf
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