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Crisis Annotated Bibliography

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This annotated bibliography is designed to give readers an indication of how the Financial crisis occurred. The references listed below will assist in assimilating information regarding the impacts and causes of financial crisis and was the financial crisis was avoidable. All of the aforementioned aspects will also form basis of the final essay and hence the annotations below will aid critically evaluate each source.
SOURCE – 1
Merola, R. ( 2015). “The Role of Financial Frictions during the Crisis: An Estimated DSGE Model”. Journal of research in Economic Modelling, v. 48, pp. 70-82 This article is written by Rossana Merola. She is PhD candidate in Economics at the Université Catholique de Louvain and with expertise in Econometrics, International …show more content…

“Neglected Risks: The Psychology of Financial Crises”. Journal of Research in American Economic Review, May 2015, v. 105, iss. 5, pp. 310-14
The authors of this journal are a professor, graduates from Bocconi University , Harvard University and University of Chicago. All the authors are economist. The main purpose is to give a different view on financial crisis as it provides a psychological viewpoint. It is useful because the different viewpoints might provide more of a different form of analysis for the financial crisis. This source is ofhigh value to the final essay, as it is up to date with context to the global financial crisis. Therefore can be used in the final …show more content…

M. (2015). “Income and Wealth Inequality after the Financial Crisis: The Case of Germany”. Journal of Research in Empirica v. 42, iss. 2, pp. 371-90
Markus Grabka is a graduate from German Institute for Economic Research, Berlin, with expertise in Microeconomics. The main aim is on the short-term distributional effects in Germany, which had been hit hardest, measured by a decline in GDP, hit by the Recession. (Grabka, M. M. 2015) It is important as it shows how the public were affected by the crisis as it deals with income and wealth. This article is useful as it provides an insight into the after effects of the financial crisis and helping us understand what it really meant. This source is of high value to the final essay, as it is up to date with context to the global financial crisis. (Grabka, M. M. 2015)

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