The efficient market hypothesis (EMH) and behavioral finance (BF) form the blame-hope axis of the ongoing soul-searching exercise in economics, which frequently refers to the ‘Chicago School' and the ideological division between ‘freshwater' and ‘saltwater' universities. Citation analysis...

The 2008 financial crisis was the second instance since the Great Depression that many hundreds of financial institutions failed across the United States. The rescue staged by the federal government, however, was unprecedented in scale, involving an initial Congressional authorization of $700...

This paper revisits and contributes to geographies of the 2007 financial crisis and ensuing recession by testing the statistical relationships between a set of economic indicators and growth in metropolitan areas in the United States. Two research questions organize the quantitative strategy....

This paper examines the impact of financial crises on employment. Using employment data from 32 countries between 1975 and 2005 and financial crisis from Reinhart and Rogoff (2009), we examine the resilience of eight economic sectors. As a test of robustness, we contrast these findings with...