This paper analyses the determinants of the default ratio associated to banking debt in Spanish non financial firms over the period 1992-2003. It studies the factors influencing firms' entering and exit processes in and out from the default status. Additionally, it explores the factors...

La crisis venezolana tiene un carácter esencialmente institucional. El Estado, institución ductora del proceso de acumulación de capitales basado en la renta petrolera, se hipertrofió y arrastró consigo al resto de las variables estructurales que constituían el modo de regulación de la...

The economic policies implemented in the U.S. economy and other industrial nations during the years preceding the recent financial crisis have been strongly criticized for being too “liberal” regarding the functioning and regulation of markets. There are

This study aims to analyze the Spanish financial entities that were bailout by the European Union with the main objective to discern the different char- acteristics among them and find out the reasons why in some cases some of them were merged, in other were taken over and in the most...