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After the Latin American Debt Crisis of 1982, the official response worldwide turned to minimum capital standards to promote stable banking systems. Despite their existence, however, such standards have still not prevented periodic disruptions in the banking sectors of various countries. After...
Persistent link: https://www.econbiz.de/10012910054
The legal identity of on-demand platform workers has become a central site of conflict between labor and industry. Amidst growing economic inequality, labor representatives and workers have demanded that platform workers be afforded employee benefits and protections, including minimum wage and...
Persistent link: https://www.econbiz.de/10013225708
In this essay, I try to rebut some of the skepticism about the possibility of business narrative, not directly (by engaging the theory), but obliquely (by giving an example of the practice). I hope to illuminate a few aspects of the utility of business narrative by examining the telling of a...
Persistent link: https://www.econbiz.de/10013138824
What accounts for the rise in income inequality since the 1970s? According to most economists, the answer lies in structural changes in the economy - in particular, technological changes that have raised the demand for highly skilled workers and thereby boosted their pay. Opposing this...
Persistent link: https://www.econbiz.de/10013156650
Hitler rose to power in Germany in 1933. The result was World War II. Perhaps the war could have been avoided if Hitler had not become chancellor of Germany, or maybe World War II was inevitable because of the poor terms Germany received in the Treaty of Versailles. ChatGPT was asked to write an...
Persistent link: https://www.econbiz.de/10014357599
This article documents and analyses the reception of the transparent entity clause in bilateral treaty practice between 2015 and 2019. The transparent entity clause, now embedded in the OECD Model Tax Convention on Income and on Capital as Article 1(2), governs the way in which a treaty applies...
Persistent link: https://www.econbiz.de/10013247689
On August 11, 2021, the U.S. Bureau of Labor Statistics reported a 5.4% per year increase in the CPI for the third consecutive month, intensifying the ongoing debate about whether high inflation will prove temporary or more lasting. This paper seeks to inform this debate by evaluating the...
Persistent link: https://www.econbiz.de/10013215264
Scholars, politicians and regulators have been racking their brains over this problem since 2007, the year the financial crisis broke out. The question of whether a fi-nancial system can even be stable in the first place has also emerged. And yet if there is one thing all know, it is that there...
Persistent link: https://www.econbiz.de/10011856805
Voters punish incumbent Presidential candidates for contractions in the local (county-level) supply of mortgage credit during market-wide contractions of credit, but they do not reward them for expansions in mortgage credit supply in boom times. Our primary focus is the Presidential election of...
Persistent link: https://www.econbiz.de/10012988900
Changes in digital technology have radically transformed labor processes of the past century through the re-ordering of physical and cognitive spaces. But central aspects of technocapital's organization in the 21st century borrow from and intensify previously abolished 20th century production...
Persistent link: https://www.econbiz.de/10012828524