How did these banking crises affect their stock markets?
October 4, 2008 6:32 PM Subscribe
I'm trying to find out how much stock prices fell in their respective stock markets during three of the following "Big Five" financial crises: Spain(c.1977), Norway(c.1987), Finland(c.1991). Harvard's Rogoff claims a 20% average decline but this seems wrong given that the declines in the other Big Two crises, Japan and Sweden alone were 80% and 45% respectively.
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Historical stock price indices in Norway 1914–2003
posted by shinybeast at 1:23 AM on October 5, 2008