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Why Europe will suffer more. CEPS Policy Brief No. 194, 16 July 2009

Gros, Daniel. (2009) Why Europe will suffer more. CEPS Policy Brief No. 194, 16 July 2009.

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Abstract

Even though the financial crisis might have started in the US, CEPS Director Daniel Gros finds in a new CEPS Policy Brief that even more combustible material had accumulated in Europe, and that therefore that it likely that the cost will be higher here and the recovery slower than on the other side of the Atlantic. This conclusion is based on a careful analysis of two indicators of looming financial instability: credit expansion (or leverage) and asset price bubbles.

Item Type:Policy Paper
Remote Resource Image:
Public Domain:No
Refereed:No
Status:Published
Authors, Individual:Gros, Daniel.
Title:Why Europe will suffer more. CEPS Policy Brief No. 194, 16 July 2009
Language:English
Journals and Series:Series > Centre for European Policy Studies (Brussels) > CEPS Policy Briefs
Pages:8
Month:July
Year:2009
Subjects:EU policies and themes > Policies & related activities > economic and financial affairs > economic policy
EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis/recession 2008-9
Keywords:Financial markets.
Alternative Locations:http://shop.ceps.eu/BookDetail.php?item_id=1874
ID Code:11332
Deposited By:Wilkin, Phil
Deposited On:27 July 2009