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Catastrophe theory and the financial crisis

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  • Dennis Wesselbaum

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  • Dennis Wesselbaum, 2017. "Catastrophe theory and the financial crisis," Scottish Journal of Political Economy, Scottish Economic Society, vol. 64(4), pages 376-391, September.
    • Handle: RePEc:bla:scotjp:v:64:y:2017:i:4:p:376-391
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    File URL: http://hdl.handle.net/10.1111/sjpe.12133
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    References listed on IDEAS

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    1. Jozef Barunik & Jiri Kukacka, 2015. "Realizing stock market crashes: stochastic cusp catastrophe model of returns under time-varying volatility," Quantitative Finance, Taylor & Francis Journals, vol. 15(6), pages 959-973, June.
    2. Martin Hellwig, 2009. "Systemic Risk in the Financial Sector: An Analysis of the Subprime-Mortgage Financial Crisis," De Economist, Springer, vol. 157(2), pages 129-207, June.
    3. Fischer, Edwin O & Jammernegg, Werner, 1986. "Empirical Investigation of a Catastrophe Theory Extension of the Phillips Curve," The Review of Economics and Statistics, MIT Press, vol. 68(1), pages 9-17, February.
    4. Ho, Thomas S Y & Saunders, Anthony, 1980. "A Catastrophe Model of Bank Failure," Journal of Finance, American Finance Association, vol. 35(5), pages 1189-1207, December.
    5. Varian, Hal R, 1979. "Catastrophe Theory and the Business Cycle," Economic Inquiry, Western Economic Association International, vol. 17(1), pages 14-28, January.
    6. John McDonald & Houston Stokes, 2013. "Monetary Policy and the Housing Bubble," The Journal of Real Estate Finance and Economics, Springer, vol. 46(3), pages 437-451, April.
    7. Blad, Michael C., 1981. "Exchange of stability in a disequilibrium model," Journal of Mathematical Economics, Elsevier, vol. 8(2), pages 121-145, July.
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    Cited by:

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    2. Bolgorian, Meysam, 2019. "Can a cusp catastrophe model describe the effect of sanctions on exchange rates?," Economics Discussion Papers 2019-2, Kiel Institute for the World Economy (IfW Kiel).

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