... is that the study of financial crises and other aspects of financial economics requires the use of multiple theories and approaches. No one approach will be sufficient. Research limitations/implications There are great opportunities for further research in financial economics making use of these new approaches...

...Clement Moyo; Pierre Le Roux Purpose The impact of financial reforms and financial development on an economy has received considerable attention over the recent past. This paper aims to investigate whether financial liberalisation and financial development increase the likelihood financial crises...

...] . However, bailing in debt holders to become shareholders in a parent that is listed on the stock exchange is conceptually easier than bailing into a wholly owned subsidiary [20] . David Mayes can be contacted at: d.mayes@auckland.ac.nz © Emerald Group Publishing Limited 2013 Financial...

..., the distributional impact of TARP is related to what would have happened in the absence of TARP. Research on financial crises across countries (IMF, 2008) and a previous wave of bank failures in the USA (Kupiec and Ramirez, 2010) indicates that the economic consequences of bank‐related downturns are felt broadly...