Financial Crises and Bubbles

  • William Quinn
Part of the Palgrave Studies in Economic History book series (PEHS)


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.

JEL Classification

G01 G18 G21 G41 N20 

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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • William Quinn
    • 1
  1. 1.Queen’s University BelfastBelfastUK

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