Since the 1990s there has been a significant decline in the share of total bank credit flowing
to nonfinancial firms relative to real estate and financial assets. This has raised concerns …

This article describes the BMS (Bayesian model sampling) package for R that implements
Bayesian model averaging for linear regression models. The package excels in allowing for …

Purpose The purpose of this paper is to present a critical review of the use of safety
performance indicators in the construction industry. The authors consider the strengths …

The decline in the share of bank credit to non-financial firms since the 1990s, relative to
credit for real estate and financial asset markets, has raised concerns over economic growth …

We construct and explore a new quarterly dataset covering crisis episodes in 40 developed
countries over 1970–2010. First, we present stylized facts on banking, debt, and currency …

Purpose Large or increasing stocks of non-performing loans in the banking sector constitute
threats to financial stability. This paper considers to which extent various macroeconomic …

Part 6: Financial Markets and the Macroeconomy. 19. Asset prices, consumption, and the
business cycle (JY Campbell). 20. Human behavior and the efficiency of the financial system …

This paper estimates an early warning system (EWS) for predicting systemic banking crises
in a sample of low income countries in Sub-Saharan Africa. Since the average duration of …

We construct and explore a new quarterly dataset covering crisis episodes in 40 developed
countries over 1970–2010. First, we examine stylized facts of banking, debt, and currency …

Interconnections between banking crises and fiscal crises have a long history. We document
the long-run evolution from classic banking panics toward modern banking crises where …