-
Simultaneous Capital Flows, Commodities Declines Led Economic Crashes Before; It May Be Happening Again
Friday, March 4, 2016 - 3:24pm | 327In a new paper entitled "Global Cycles: Capital Flows, Commodities, and Sovereign Defaults, 1815-2015," Carmen Reinhart, Vincent Reinhart and Christoph Trebesch looked at the historical connection between capital flow, commodity prices and economic crises. According to the authors, the recent...