Arbeitspapier

Understanding Spanish Financial crises, 1850-2000: What determined their severity?

The objective of this paper is to study the financial crises that have occurred in Spain over the last 150 years. With this objective in mind, the paper has two main purposes. Firstly, we determine the number of crises that took place between 1850 and 2000 considering currency, banking and stock market crises and all their possible combinations and define their depth or severity using different indicators. Secondly, we consider potential factors that could explain the depth or intensity of the crises in Spain. According to our results, each financial crisis has its own particularities and it is very difficult to find common factors in the origin of the Spanish financial crises. Despite this, the current account is the variable most clearly associated with crisis intensity.

Language
Englisch

Bibliographic citation
Series: EHES Working Papers in Economic History ; No. 48

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Betrán, Concha
Pons, María A.
Event
Veröffentlichung
(who)
European Historical Economics Society (EHES)
(where)
s.l.
(when)
2013

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Betrán, Concha
  • Pons, María A.
  • European Historical Economics Society (EHES)

Time of origin

  • 2013

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