Showing 1 - 10 of 72
We examine the relationship of banking crises with economic growth and recessions. Our data cover 21 economies from …
Persistent link: https://www.econbiz.de/10011259781
For U.S. recessions since 1948, we study paneled time series of (i) ExUR, the excess of the unemployment rate over the …-75 recessions, a regression of ExUR on current and past values of NGAP has an R2 of 75%. Simulations indicate that NGDP targeting … could have eliminated 84% of the average ExUR during the period from 1.5 years and 4 years after the recessions began. The …
Persistent link: https://www.econbiz.de/10011108641
This paper analyses regional resilience and local economic growth patterns in Italy over the past four decades. Place-specific transient and permanent effects of aggregate employment shocks are studied. Geographical asymmetries in engineering and ecological resilience are found, providing...
Persistent link: https://www.econbiz.de/10011109563
relationship is strengthened during recessions. …
Persistent link: https://www.econbiz.de/10011261037
. Despite the significant increases in bankruptcies during recessions, the largest contributor to rising bankruptcies during …
Persistent link: https://www.econbiz.de/10011114249
recessions, and transfer wealth from the lower economic group to higher economic group and perpetuate the poverty. The paper also …
Persistent link: https://www.econbiz.de/10008777070
several quarters. Despite the significant increases in bankruptcies during recessions, the largest contributor to rising …
Persistent link: https://www.econbiz.de/10009019714
This paper evaluates the forward premium puzzle using the Euro exchange rate. Unlike previous studies, our analysis utilizes time-varying parameter methods and is based on two approaches for evaluation of the puzzle; the traditional approach analyzing the sensitivity of interest rate...
Persistent link: https://www.econbiz.de/10011107546
This paper examines the interrelation between short selling and volatility as differing from previous research in that it focuses on intraday activities rather than the daily price movements. We demonstrate that the effects of short selling activity changes during the two sessions of the day and...
Persistent link: https://www.econbiz.de/10011107632
Financial systems across the world have all come under pressure due to the on-going financial crisis. One of the most often asked questions during a collapse is how long and how deep will the decline be as well as what policy initiatives can be employed to shorten the recession. This study...
Persistent link: https://www.econbiz.de/10011108044