The Great Financial Crisis in Finland and Sweden: The Dynamics of Boom, Bust and Recovery 1985–2000

Lars Jonung · Jaakko Kiander · Pentti Vartia

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Global Financial Crisis and Policies Monetary Policy and Economic Impact European Socioeconomic and Political Studies

Abstract

2. The great financial crisis in Finland and Sweden: the dynamics of boom, bust and recovery, 1985–2000 Lars Jonung, Jaakko Kiander and Pentti Vartia INTRODUCTION1 The beginning of the 1990s witnessed a severe recession in Western Europe. The clim...

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References

1934The Debt-Deflation Theory of Great Depressions 2002A Balance Sheet Approach to Financial Crisis 1999The economic crisis of the 1990s in Finland 1994Debt deflation: Theory and evidence 1995The Nordic Banking Crises: Pitfalls in Financial Liberalization?1982Inflation recession and economic policy 2004Capital flows and crises 1980Asset Accumulation and Economic Activity: Reflections on Contemporary Macroeconomic Theory

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