Future of the Global Economy
2008-07-21T21:22:28-04:00https://images.c-span.org/Files/bde/206491-m.jpgStijn Claessens presented the findings of an International Monetary Fund study he co-wrote that examined 120 recession episodes in various countries from 1960 to the present. The study found that recessions driven by asset-price bubbles and credit crunches were longer and deeper than other recessions. He was joined in a discussion of his findings by Desmond Lachman and Angel Ubide, moderated by Vincent Reinhart. The panelists responded to questions from members of the audience.
Stijn Claessens presented the findings of an International Monetary Fund study he co-wrote that examined 120 recession episodes in various… read more
Stijn Claessens presented the findings of an International Monetary Fund study he co-wrote that examined 120 recession episodes in various countries from 1960 to the present. The study found that recessions driven by asset-price bubbles and credit crunches were longer and deeper than other recessions. He was joined in a discussion of his findings by Desmond Lachman and Angel Ubide, moderated by Vincent Reinhart. The panelists responded to questions from members of the audience. close
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