The dynamics of business investment following banking crises and normal recessions

Research English OPEN
Jannsen, Nils;
(2015)
  • Publisher: Kiel Institute for the World Economy (IfW) Kiel
  • Subject: C33 | E32 | banking crises | business investment | business cycle | recovery | asymmetries
    • ddc: ddc:330
    mesheuropmc: health care economics and organizations

I empirically analyze the dynamics of business investment following normal recessions (declines in business investment that are not associated with banking crises) and banking crises. Using a panel of 16 advanced economies, I find evidence for significant non-linear tre... View more
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