2025-03-262025-03-26https://pyxida.aueb.gr/handle/123456789/6916In this dissertation I review the literature on the major types of financial crises –currency crises, debt crises, sudden stops and banking crises- and I highlight how money and credit are associated with financial crises episodes from a historical perspective. Next, I discuss the interaction of private and public sector, focusing on why they should not be studied separately and I summarize the main facts and lessons from the literature. Moreover, I present a VAR model in order to test whether there is a causal relationship between bond spreads and lending spreads, in the case of Eurozone.142p.CC BY: Attribution alone 4.0https://creativecommons.org/licenses/by/4.0/Financial crisesCredit boomsSovereign problemsPublic sectorPrivate sectorValue at Risk (VaR)EurozoneText