Abstract
Since financial bubbles and crises are rare events, modern empirical evidence on these phenomena is very limited. Economic history has therefore been fundamental to the development of this field. Histories of financial crises traditionally address questions about individual incidents. Enquiry into the Great Depression has proved especially popular. This chapter explains how the traditional approach is now complemented by studies applying econometric techniques to long-run data.
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Quinn, W. (2018). Financial Crises and Bubbles. In: Blum, M., Colvin, C. (eds) An Economist’s Guide to Economic History. Palgrave Studies in Economic History. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-96568-0_12
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DOI: https://doi.org/10.1007/978-3-319-96568-0_12
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