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A Flow-of-Funds Perspective on the Financial CrisisThe Financial Crisis in the Light of the Euro Area Accounts: Selected Issues

A Flow-of-Funds Perspective on the Financial Crisis: The Financial Crisis in the Light of the... [Since the insolvency of Lehman Brothers in September 2008, vast efforts have been devoted to describing and explaining the developments prior to, during and after the associated financial and economic crisis. Although the crisis was triggered in the United States, notably with the implosion of the sub-prime mortgage market, the unfolding financial turmoil had global repercussions. In particular, with the abrupt reversal of the global credit cycle, regional imbalances within the euro area became exposed, together with associated weaknesses in private and public, financial and non-financial sector balance sheets.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Flow-of-Funds Perspective on the Financial CrisisThe Financial Crisis in the Light of the Euro Area Accounts: Selected Issues

Part of the Palgrave Studies in Economics and Banking Book Series
Editors: Winkler, Bernhard; van Riet, Ad; Bull, Peter
de Rougemont, Philippe; Winkler, Bernhard
A Flow-of-Funds Perspective on the Financial Crisis — Nov 24, 2015
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References (1)

Publisher
Palgrave Macmillan UK
Copyright
© Palgrave Macmillan, a division of Macmillan Publishers Limited 2014
ISBN
978-1-349-46946-8
Pages
155 –198
DOI
10.1057/9781137353016_6
Publisher site
See Chapter on Publisher Site

Abstract

[Since the insolvency of Lehman Brothers in September 2008, vast efforts have been devoted to describing and explaining the developments prior to, during and after the associated financial and economic crisis. Although the crisis was triggered in the United States, notably with the implosion of the sub-prime mortgage market, the unfolding financial turmoil had global repercussions. In particular, with the abrupt reversal of the global credit cycle, regional imbalances within the euro area became exposed, together with associated weaknesses in private and public, financial and non-financial sector balance sheets.]

Published: Nov 24, 2015

Keywords: Financial Crisis; Euro Area; Balance Sheet; Trade Credit; Annual Percentage Change

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