An Exegesis on Currency and Banking Crises
综述货币与银行危机的文献，按标准分类并总结历史记录，回顾从第一代到第四代（制度）模型的发展，讨论制度与经济增长的关系，以及第三代（双重危机）和制度模型的实证研究，最后总结应对金融危机的政策问题并强调制度研究的重要性。
Abstract. This paper reviews the literature on currency and banking crises. Currency and banking crises are characterized according to some standards in the literature and their historical record summarized. The development of the literature from first through fourth‐generation, or so‐called ‘institutional’ models is reviewed. A digression on institutions is provided along with some sidebars on the development of the literature on institutions as it relates to economic growth. The empirical research on third‐generation (or twin crises) models and on institutional models of currency and banking crises, which are so far scarce, is covered too. A summary of the main policy issues for dealing with financial crises is presented. The paper closes with an emphasis on institutions and a call for more research directed at institutions and their role in the financial system.