HKS Affiliated Authors

Additional Authors:

  • Kenneth Rogoff


Causes of Financial Crises Past and Present: The Role of the This-Time-Is-Different Syndrome. Carmen M. Reinhart, Kenneth Rogoff, 2012, Book Chapter. "The financial press has often characterized the 2007—2008 United States subprime mess as a new breed of crisis. Indeed, this view often points to the international repercussions of the U.S.-based crisis as evidence that the globalization of financial portfolios has introduced new channels for spillovers that were never present before. In light of the unfolding Greek tragedy, there is also considerable confusion in academic and policy circles as to whether the..." Link