The political aftermath of financial crises: Going to extremes by Manuel Funke, Moritz Schularick, Christoph Trebesch published by VOXEU (11/2015). “Recent events in Europe provide ample evidence that the political aftershocks of financial crises can be severe. This column uses a new dataset that covers elections and crises in 20 advanced economies going back to 1870 to systematically study the political aftermath of financial crises…”
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