Christopher W. Crowe's Books

A Model to Assess the Probabilities of Growth, Fiscal, and Financial Crises

By: Mr.Suman S Basu,Mr.Marcos Chamon,Mr.Christopher W. Crowe

Write a review Read reviews Take a Quiz Solve Book Puzzle

A Model to Assess the Probabilities of Growth, Fiscal, and Financial Crises

By: Mr.Suman S Basu,Mr.Marcos Chamon,Mr.Christopher W. Crowe

This paper summarizes a suite of early warning models to assess the probabilities of growth, fiscal, and financial crises in advanced economies and emerging markets. We estimate separate signal-extraction models for each type of crisis and sample of countries, and we use our results to generate “histories of vulnerabilities” for countries, regions, and the world. For the global financial crisis, our models report that vulnerabilities in advanced economies were rooted in the bursting of leveraged bubbles, while vulnerabilities in emerging markets stemmed from lengthy booms in credit and asset prices combined with growing weaknesses in the corporate and external sectors.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1484333640

ISBN 13

9781484333648

Macrofinancial Linkages

Trends, Crises, and Policies

By: Mr.Christopher W. Crowe,Mr.Simon Johnson,Mr.Jonathan David Ostry,Mr.Jeronimo Zettelmeyer

Write a review Read reviews Take a Quiz Solve Book Puzzle

Macrofinancial Linkages

Trends, Crises, and Policies

By: Mr.Christopher W. Crowe,Mr.Simon Johnson,Mr.Jonathan David Ostry,Mr.Jeronimo Zettelmeyer

Macrofinancial linkages have long been at the core of the IMF's mandate to oversee the stability of the global financial system. With the advent of the economic crisis, the Fund has drawn on this research in order to contribute to critical debates on the nature of appropriate policy responses at both the national and multilateral levels. The current juncture offers a good opportunity to take stock of this body of research by IMF staff and to share it with a wider audience, particularly since few collections have been published in this area. This volume brings together some of the best writing by IMF economists on macrofinancial issues, and highlights the issues and approaches that have guided IMF thinking in an area that makes up an increasingly important component of the IMF's overall remit. The chapters in the volume fit into three broad themes: financial crises and boom-bust cycles; financial integration, financial liberalization, and economic performance; and policy issues relating to macroeconomic policy and the corporate and financial sectors-including domestic and external financial liberalization.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

617

Publisher

International Monetary Fund

Published Date

ISBN 10

1589069390

ISBN 13

9781589069398

Irrational Exuberance in the U.S. Housing Market

Were Evangelicals Left Behind?

By: Mr.Christopher W. Crowe

Write a review Read reviews Take a Quiz Solve Book Puzzle

Irrational Exuberance in the U.S. Housing Market

Were Evangelicals Left Behind?

By: Mr.Christopher W. Crowe

The recent housing bust has reignited interest in psychological theories of speculative excess (Shiller, 2007). I investigate this issue by identifying a segment of the U.S. population-evangelical protestants-that may be less prone to speculative motives, and uncover a significant negative relationship between their population share and house price volatility. Evangelicals' focus on Biblical prophecy could account for this difference, since it may enable them to interpret otherwise negative events as containing positive news, dampening the response of house prices to shocks. I provide evidence for this channel using a popular internet measure of "prophetic activity" and a 9/11 event study. I also analyze survey data covering religious beliefs and asset holding, and find that 'end times' beliefs are associated with a one-third decline in net worth, consistent with these beliefs providing a form of psychic insurance (Scheve and Stasavage, 2006a and 2006b) that reduces asset demand.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1451872046

ISBN 13

9781451872040

How to Deal with Real Estate Booms

Lessons from Country Experiences

By: Mr.Pau Rabanal,Mr.Christopher W. Crowe,Mr.Giovanni Dell'Ariccia,Ms.Deniz Igan

Write a review Read reviews Take a Quiz Solve Book Puzzle

How to Deal with Real Estate Booms

Lessons from Country Experiences

By: Mr.Pau Rabanal,Mr.Christopher W. Crowe,Mr.Giovanni Dell'Ariccia,Ms.Deniz Igan

The financial crisis showed, once again, that neglecting real estate booms can have disastrous consequences. In this paper, we spell out the circumstances under which a more active policy agenda on this front would be justified. Then, we offer tentative insights on the pros and cons as well as implementation challenges of various policy tools that can be used to contain the damage to the financial system and the economy from real estate boom-bust episodes.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1455253308

ISBN 13

9781455253302

Scholae Academicae. Some Account of the Studies at the English Universities in the Eighteenth Century

By: Christopher Wordsworth

Write a review Read reviews Take a Quiz Solve Book Puzzle

Scholae Academicae. Some Account of the Studies at the English Universities in the Eighteenth Century

By: Christopher Wordsworth

Reprint of the original, first published in 1877.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

478

Publisher

BoD – Books on Demand

Published Date

ISBN 10

3385544637

ISBN 13

9783385544635

Terahertz Astronomy

By: Christopher K. Walker

Write a review Read reviews Take a Quiz Solve Book Puzzle

Terahertz Astronomy

By: Christopher K. Walker

A Powerful Window into Cosmic EvolutionTerahertz (THz) observations of interstellar atoms, molecules, and dust serve as powerful probes of the conditions within the interstellar medium that permeates our galaxy, providing insights into the origins of stars, planets, galaxies, and the Universe. Taking a cross-disciplinary approach to the subject, Te

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

345

Publisher

CRC Press

Published Date

ISBN 10

1466570431

ISBN 13

9781466570436

Book's by Christopher W. Crowe

A Model to Assess the Probabilities of Growth, Fiscal, and Financial Crises

A Model to Assess the Probabilities of Growth, Fiscal, and Financial Crises

Macrofinancial Linkages

Macrofinancial Linkages

Irrational Exuberance in the U.S. Housing Market

Irrational Exuberance in the U.S. Housing Market

How to Deal with Real Estate Booms

How to Deal with Real Estate Booms

Scholae Academicae. Some Account of the Studies at the English Universities in the Eighteenth Century

Scholae Academicae. Some Account of the Studies at the English Universities in the Eighteenth Century

Terahertz Astronomy

Terahertz Astronomy

Username

Password

Username

Password

Password again

Birthday

Email