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Economics x International Relations and International Political Economy x Financial Institutions and Services x clear all

Iceland’s rise, fall, stabilisation and beyond

Robert H. Wade and Silla Sigurgeirsdottir.

in Cambridge Journal of Economics

January 2012; p ublished online January 2012 .

Journal Article. Subjects: International Relations and International Political Economy; Financial Institutions and Services. 8923 words.

Iceland is an unusually pure example of the dynamics that blocked regulation and caused financial fragility across the developed world for 20 years. This essay describes the...

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The revenge of the market on the rentiers.

José Gabriel Palma.

in Cambridge Journal of Economics

July 2009; p ublished online July 2009 .

Journal Article. Subjects: International Economics; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Economic Development; International Relations and International Political Economy; Economic Growth and Aggregate Productivity; International Finance; History of Financial Markets and Institutions; Financial Institutions and Services; Corporate Governance. 19819 words.

Starting from the perspective of heterodox Keynesian–Minskyian–Kindlebergian financial economics, this paper begins by highlighting a number of mechanisms that contributed to the current...

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Running for the Exit? International Bank Lending During a Financial Crisis

Ralph De Haas and Neeltje Van Horen.

in The Review of Financial Studies

January 2013; p ublished online November 2012 .

Journal Article. Subjects: International Finance; Macroeconomic Aspects of International Trade and Finance; International Relations and International Political Economy; International Financial Markets; Financial Regulation. 19381 words.

We use loan-level data to examine how large international banks reduced their cross-border lending after the collapse of Lehman Brothers. Country, firm, and bank fixed effects allow us to...

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