This time is different : eight centuries of financial folly / Carmen M. Reinhart, Kenneth S. Rogoff.

Includes bibliographical references (pages [409]-433) and indexes.

Preamble: Some Initial Intuitions on Financial Fragility and the Fickle Nature of Confidence -- Pt. I. Financial Crises: An Operational Primer -- Ch. 1. Varieties of Crises and Their Dates -- Ch. 2. Debt Intolerance: The Genesis of Serial Default -- Ch. 3. A Global Database on Financial Crises with a Long-Term View -- Pt. II. Sovereign External Debt Crises -- Ch. 4. A Digression on the Theoretical Underpinnings of Debt Crises -- Ch. 5. Cycles of Sovereign Default on External Debt -- Ch. 6. External Default through History -- Pt. III. The Forgotten History of Domestic Debt and Default -- Ch. 7. The Stylized Facts of Domestic Debt and Default -- Ch. 8. Domestic Debt: The Missing Link Explaining External Default and High Inflation -- Ch. 9. Domestic and External Default: Which Is Worse? Who Is Senior? -- Pt. IV. Banking Crises, Inflation, and Currency Crashes -- Ch. 10. Banking Crises -- Ch. 11. Default through Debasement: An "Old World Favorite" -- Ch. 12. Inflation and Modern Currency Crashes -- Pt. V. The U.S. Subprime Meltdown and the Second Great Contraction -- Ch. 13. The U.S. Subprime Crisis: An International and Historical Comparison -- Ch. 14. The Aftermath of Financial Crises -- Ch. 15. The International Dimensions of the Subprime Crisis -- Ch. 16. Composite Measures of Financial Turmoil -- Pt. VI. What Have We Learned? -- Ch. 17. Reflections on Early Warnings, Graduation, Policy Responses, and the Foibles of Human Nature -- A.1. Macroeconomic Time Series -- A.2. Public Debt -- A.3. Dates of Banking Crises -- A.4. Historical Summaries of Banking Crises.