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Journals / Central Bank Review / 2013 / Cilt: 13 - Sayı: 3

FĐNANSAL KRĐZLER: DEĞERLENDĐRME VE BULGULAR

FINANCIAL CRISES: REVIEW AND EVIDENCE

Stijn CLAESSENS
M. Ayhan KÖSE
Pages
1–23
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

The paper briefly reviews the adverse effects of crises for the real economy and financial sector.

📌 3 Key Takeaways

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Objective & Hypothesis:This paper presents a brief review of the literature on financial crises focusing on three specific aspects.
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Key Findings & Data:First, what are the main factors explaining financial crises?
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Conclusion & Impact:The paper briefly reviews the adverse effects of crises for the real economy and financial sector.
🔬Design:Review & Systematic Survey
📍Scope:Comprehensive Sample
⚙️Variables:Domain Parameters

Abstract

This paper presents a brief review of the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since many theories on the sources of financial crises highlight the importance of sharp fluctuations in asset and credit markets, the paper briefly reviews theoretical and empirical studies on developments in these markets around financial crises. Second, what are the major types of financial crises? The paper focuses on four types of financial crises— currency crises, sudden stops, debt crises, and banking crises—and presents the frequency and distribution of crises over time and across countries. Third, what are the real and financial sector implications of crises? The paper briefly reviews the adverse effects of crises for the real economy and financial sector.

Özet

Bu çalışma, finansal krizlere üç yönden yaklaşarak ilgili literatürün kısa bir değerlendirmesini yapmaktadır. Odaklanılan yönlerden ilki, "finansal krizleri açıklayan temel unsurlar nelerdir?" sorusudur. Finansal krizlerin kaynağına ilişkin teorilerin bir çoğu varlık ve kredi piyasalarındaki ani ve sert dalgalanmaların önemini ön plana çıkardığı için, bu çalışma finansal krizler esnasında söz konusu piyasalarda olan gelişmeleri inceleyen teorik ve ampirik çalışmaları kısaca değerlendirmektedir. ?kinci husus, "finansal krizlerin belli başlı türleri nelerdir?" sorusudur. Çalışma dört tür finansal krize - likidite krizleri, ani durmalar (sudden stops), borç krizleri ve bankacılık krizleri- odaklanmakta ve krizlerin zaman içinde ve ülkeler bazında sıklığını ve dağılımını sunmaktadır. Üçüncü olarak ise, "krizlerin reel ekonomiye ve finansal sektöre yansımaları nelerdir?" sorusu sorulmaktadır. Bu bağlamda çalışma, krizlerin reel ekonomi ve finansal sektör üzerindeki olumsuz etkilerini kısaca gözden geçirmektedir

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Cite This Article

CLAESSENS, S., KÖSE, M. A. (2013). FĐNANSAL KRĐZLER: DEĞERLENDĐRME VE BULGULAR. Central Bank Review, Cilt: 13 - Sayı: 3, 1–23. https://ajindex.com/articles/147358

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References (5)

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