ASSESSMENT OF WHETHER FINANCIAL CRISES CAN BE RELIABLY PREDICTED2Table of ContentsChapter 1..........................................................................................................................................5Introduction to the topic...................................................................................................................51.1Introduction............................................................................................................................51.2 Background of the Study.......................................................................................................51.3 Research Purpose...................................................................................................................71.4 Research Objectives...............................................................................................................71.5 Research Questions................................................................................................................81.6 Structure of the Dissertation..................................................................................................8Chapter 2..........................................................................................................................................8Literature Review............................................................................................................................82.1 Aggregate Expenditure..........................................................................................................82.2 Boom and Bust cycle.............................................................................................................92.3 Current account imbalances.................................................................................................102.4 Income Inequality................................................................................................................112.5 Budgetary Crisis..................................................................................................................122.6 Deposit system.....................................................................................................................122.7 Global imbalances...............................................................................................................13Chapter 3........................................................................................................................................14Methodology..................................................................................................................................143.1 Introduction to the data collection.......................................................................................143.2 Data Sampling Method........................................................................................................153.3 Research Approach..............................................................................................................15

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