Financial and Currency Crises

Financial and Currency Crises

Reinhart, Carmen M., and Vincent R. Reinhart,  The Crisis Next Time, Foreign AffairsVol. 97(6), November/December 2018, 84-97.

Reinhart, Carmen M., Eight Years Later: Post-Crisis Recovery and Deleveraging, Banking Perspectives, Q1:2017. Prepared for the New York University Gallatin Lectures in Banking, November 9, 2016.

Reinhart, Carmen M., and Christoph Trebesch. The International Monetary Fund: Seventy Years of Reinventing Itself Journal of Economic Perspectives, Vol. 30(1) Winter 2016, 3-28.

Kalemli-Ozcan, Sebnem, Carmen M. Reinhart, and Kenneth Rogoff Sovereign Debt and Financial Crises: Theory and Historical Evidence, Journal of the European Economic Association, Vol. 14(1), February 2016, 1-6.

Reinhart, Carmen M. The Antecedents and Aftermath of Financial Crises as told by Carlos F. Díaz Alejandro. Economía, Fall 2015. Vol. 16(1), 187-217.

Reinhart, Carmen M., and Vincent R, Reinhart, Financial Crises, Development, and Growth: A Long-term Perspective World Bank Economic Review, April 2015, Vol. 29 (1), 1-24.

Reinhart, Carmen M., and Kenneth S. Rogoff, This Time is Different: A Panoramic View of Eight Centuries of Financial CrisesAnnals of Economics and Finance, Society for AEF, vol. 15(2), pages 1065-1188, November 2014.

NBER Working Paper 13882, March 2008.

All, Tables, Figures and Data

Reinhart, Carmen M., and Kenneth S. Rogoff, Recovery from Financial Crises: Evidence from 100 EpisodesAmerican Economic Review, Vol. 104(5), May 2014, 50-55.

Online Appendix and  All Figures, Tables, and Data

Reinhart, Carmen M., and Kenneth S. Rogoff  Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten, in Stijn Cleassens, Ayhan Kose, and Luc Laeven (eds.) Financial Crises: Causes, Consequences, and Policy Responses (Washington DC: International Monetary Fund, 2014).

Reinhart, Carmen M., and Kenneth S. Rogoff  Banking Crises: An Equal Opportunity Menace Journal of Banking & Finance Vol. 37, November 2013, 4557-4573.

All Figures, Tables, and Data

Reinhart, Carmen M., and Kenneth S. Rogoff , This Time is Different, Again? The US Five Years after the Onset of Subprime, Vox EU, October 22, 2012.

Reinhart, Carmen M., and Kenneth S. Rogoff  The Causes of Financial Crises, Past and Present: The Role of the This-Time-is-Different Syndrome, in Janet Byrne, (ed.) The Occupy Handbook, (New York: Little, Brown and Co., 2012), 117-132.

Reinhart, Carmen M., A Series of Unfortunate Events: Common Sequencing Patterns in Financial Crises, Rivista di Politica Economica, Vol. 4, 2011, 11-36.

Reinhart, Carmen M., and Kenneth S. Rogoff From Financial Crash to Debt Crisis, American Economic Review, Vol. 101(5), August, 2011, 1676-1706.

Online Appendix  and  Figures, Tables, and Data

Reinhart, Carmen M. and Vincent R. Reinhart, After the Fall, in Proceedings, Federal Reserve Bank of Kansas City Economic Policy Symposium, Macroeconomic Challenges: The Decade Ahead, 2010, 17-60.

Reinhart, Carmen M., Rong Qian, and Kenneth S. Rogoff  Graduation from Debt, Inflation, and Banking Crises: Elusive or Illusion? in Daron Acemoglu and Michael Woodford, (eds.) NBER Macroeconomics Annual 2010, Vol. 25, Cambridge, Mass: MIT Press, 2010, 1-36.

Reinhart, Carmen M., This Time is Different Chartbook: Country Histories on Debt, Default, and Financial Crises, NBER Working Paper 15815, March 2010 in Decade of Debt (Washington: Peterson Institute for International Economics, 2011).

Reinhart, Carmen M., and Vincent R. Reinhart, When the North Last Headed South: Revisiting the 1930s, Brookings Papers on Economic Activity, Fall 2009, 251-272.

Reinhart, Carmen M., and Kenneth S. Rogoff The Aftermath of Financial CrisesAmerican Economic Review, Vol. 99 No. 2, May 2009, 466-472.

All Figures and Data

Reinhart, Carmen M., and Kenneth S. Rogoff Is the 2007 U.S. Subprime Crisis So Different? An International Historical Comparison, in American Economic Review, Vol. 98 No. 2, May 2008.

All Figures and Data

Reinhart, Carmen M., Financial Crises, Credit Ratings, and Bank Failures: An Introduction, World Bank Economic Review, Vol. 16(2), 2002, 149-151.

Reinhart, Carmen M., Credit Ratings, Default, and Financial Crises, World Bank Economic Review 2002, Vol. 16 No. 2, 2002, 151-170.

Levich, Richard, Giovanni Majnoni, and Carmen M. Reinhart, Ratings, Rating Agencies and the Global Financial System: Summary and Policy Implications, in Richard Levich, Giovanni Majnoni, and Carmen M. Reinhart (eds.) Ratings, Rating Agencies and the Global Financial System, (New York: Kluwer Academic Press, 2002), 1-16.

Reinhart, Carmen M., Sovereign Credit Ratings Before and After Financial Crises , in Richard Levich, Carmen M. Reinhart, and Giovanni Majnoni, (eds.) Ratings, Rating Agencies and the Global Financial System (New York: Kluwer Academic Press 2002), 251-268.

Kaminsky, Graciela L., Carmen M. Reinhart The Twin Crises: The Causes of Banking and Balance of Payments ProblemsAmerican Economic Review, Vol.89 No.4, June 1999, 473-500.

This version includes crises chronologies:

The twin crises: the causes of banking and balance-of-payments problemsInternational Finance Discussion Papers 544, Board of Governors of the Federal Reserve System (U.S.).

For a Zip file containing twenty Excel spreadsheets (one per country) of the data used in this study click on data base.

Kaminsky, Graciela L., J. Saul Lizondo, and Carmen M. Reinhart Leading Indicators of Currency Crises, IMF Staff Papers, Vol. 45 No.1, March 1998, 1-48.

Kaminsky, Graciela L., Carmen M. Reinhart Financial Crises in Asia and Latin America Different: Then and Now, American Economic Review, Vol. 88, May 1998, 444-449.