Showing 1 - 10 of 49
-big-to-fail dilemma - squandered a rare opportunity for essential reform. Whether sparring in print with Citicorp’s mercurial Walter …
Persistent link: https://www.econbiz.de/10012397498
After tracing the causes of the global financial crisis, the book focuses on two fundamental systemic issues connected with its manifestation: financial-sector regulation and the problem of the dollar-centric international monetary system, both of which have been widely cited among the important...
Persistent link: https://www.econbiz.de/10012402116
The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications for growth, especially for developing countries. The empirical literature has not been able to conclusively establish the presumed growth benefits of financial integration....
Persistent link: https://www.econbiz.de/10013160313
EU membership involves political and economic reforms which influence financial markets in the new member states. This study empirically explores and quantifies the effects of EU accession on the risk and return of equity markets in eight Central and Eastern European markets joining the EU in...
Persistent link: https://www.econbiz.de/10013521073
We analyze expectations of the Dutch population of ages 25 and older concerning the future generosity state and occupational pensions, the two main pillars of the Dutch pension system. Since the summer of 2006, monthly survey data were collected on the expectations of Dutch households concerning...
Persistent link: https://www.econbiz.de/10013123606
To mitigate the impact of the 2008-2010 global financial crisis on vulnerable households, the Government of Latvia established Workplaces with Stipends, an emergency public works program that targeted registered unemployed people who were not receiving unemployment benefits. This paper evaluates...
Persistent link: https://www.econbiz.de/10013099794
It is commonly argued that crises open up a window of opportunity to implement policies that otherwise would not have the necessary political backing. The argument goes that the political cost of deep reforms declines as crises unravel structural problems that need to be urgently rectified and...
Persistent link: https://www.econbiz.de/10012842057
discontinuity to estimate the effects of the reform. We find that the reform reduced the number of NEETs on welfare, increased the … number of NEETs not on welfare, and had no effect on the overall number of NEETs. Our finding that the reform did not reduce … the total number of NEETs contrasts with previous studies, which may be due to the fact that the reform took place during …
Persistent link: https://www.econbiz.de/10012945222
This paper studies the mechanisms driving the persistently high unemployment rate during the last recession and mild recovery. Previous studies have examined the demographic aspect of the recession. We focus on specific industries. Consequently, we propose a methodology to decompose changes in...
Persistent link: https://www.econbiz.de/10012979453
This paper investigates the impact of the GFC on youth unemployment and long term unemployment. In particular, we study whether the GFC had a bigger impact on youths than adults, and whether youth unemployment rates increased due to an increase in youth wages relative to adult wages. To...
Persistent link: https://www.econbiz.de/10013047871