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This paper is concerned with the causes, timing and effects of banking sector restructuring and financial crisis in … latest banking sector crisis in Turkey. In section 3, the efforts of recent Turkish Governments towards restructuring and … sector, section 4 focuses on the labour market problems that can be linked to the Government's restructuring and …
Persistent link: https://www.econbiz.de/10005621992
long term unemployment and exclusion, on the improvement of basic and professional qualification of the working population … in a perspective of lifelong training, namely as a way to prevent unemployment phenomena, and on the preventive … management and follow-up of sectoral restructuring processes. …
Persistent link: https://www.econbiz.de/10005835453
employment is presented. We provide some theoretical arguments which cast doubt on the standard thesis that unemployment … that a persistent lack of demand is responsible for the major part of the German unemployment problem. … und Lohn-bedingten Arbeitslosigkeit in Frage stellen. Es deutet vielmehr einiges darauf hin, dass die hohe …
Persistent link: https://www.econbiz.de/10005518253
either cognitive, evidential, or both. This paper uses the terms “cognition” and “evidentiality” as axes to distinguish the …
Persistent link: https://www.econbiz.de/10005621224
This paper provides an argument for the advantage of a preference for identity-consistent behaviour from an evolutionary point of view. Within a stylised model of social interaction, we show that the development of cooperative social norms is greatly facilitated if the agents of the society...
Persistent link: https://www.econbiz.de/10005785811
The decision-making by individual investors is usually based on their age, education, income, investment portfolio, and other demographic factors. The impact of behavioural aspect of investing is, however, often ignored. The objective of this paper is to explore the impact of behavioural factors...
Persistent link: https://www.econbiz.de/10008562626
We model bidding behavior and the interaction of private equity and strategic buyers in corporate asset sales. Private equity bidding and in turn seller gains, and type and time of exit, are determined by private equity's ability to enhance the asset's value. Our empirical results show excess...
Persistent link: https://www.econbiz.de/10011108711
Three sovereign defaults in the past decade have each inflicted losses of at least 70% on bondholders: Argentina, Ecuador, and now Greece. In each case, creditor rights and the rule of law were trampled, setting troubling precedents that are worrying investors involved in vulnerable European...
Persistent link: https://www.econbiz.de/10011110096
restructuring to alleviate this burden. This brief note aims to contribute towards the current debate with an analysis of the …. Considering i) the most recent international evidence that suggests that in the majority of the cases a debt restructuring is …
Persistent link: https://www.econbiz.de/10011111623
the country’s creditworthiness. Therefore, a default and debt restructuring were inevitable sooner or later—and certainly … about 50 percent of the time. Does that tell you something?” In reality, Greece’s road to default and debt restructuring in …
Persistent link: https://www.econbiz.de/10011258123