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Old 02-05-2014, 03:02 PM  
KC native KC native is offline
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Reinhart & Rogoff : Recovery From Financial Crises: Evidence From 100 Episodes

Short paper from Reinhart and Rogoff expanding on their "This time is different work". Definitely worth a read.

http://www.scribd.com/doc/204396197/46678-w19823

Abstract

We examine the evolution of real per capita GDP around 100 systemic banking crises. Part of the costsof these crises owes to the protracted nature of recovery. On average, it takes about eight years to reach the pre-crisis level of income; the median is about 6 years. Five to six years after the onset of crisis, only Germany and the US (out of 12 systemic cases) have reached their 2007-2008 peaks in real income. Forty-five percent of the episodes recorded double dips. Postwar business cycles are not the relevant comparator for the recent crises in advanced economies.
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Old 02-06-2014, 12:07 AM   #2
LiveSteam LiveSteam is offline
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Old 02-06-2014, 12:47 AM   #3
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hey, a hamster is better than a rat...

for that sort of thing, nttawwt...
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Old 02-06-2014, 06:31 AM   #4
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Yes, I think the dems definitely should run this year with the message their policies just haven't quite had enough time to work. That, and the next round of obamacare kicking in around election time is sure to be a winning combination.
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Old 02-06-2014, 08:55 AM   #5
KC native KC native is offline
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Quote:
Originally Posted by LiveSteam View Post
You ever stuffed a Hamster up your ass, while singing Hush Lil baby dnt say a word?
I thought so
closet case is closet case.
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Old 02-06-2014, 09:07 AM   #6
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Race Card is the current all time leader on CP with fewest responses per thread started.
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Old 02-06-2014, 09:10 AM   #7
KC native KC native is offline
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Race Card is the current all time leader on CP with fewest responses per thread started.
You are the current all time leader for being incorrect about everything.

disHonest beats everyone. Gblowfish's DC threads are similar.

And I didn't expect this thread to be a hotbed of activity. I linked to a working paper from Reinhart and Rogoff. There's nothing to debate. It was posted to spread it to people who may be interested in it.
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