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that some bailouts only delayed exit instead of preventing it. Second, governments'' bailout decisions favored state … political, institutional and economic determinants of bailout policies. I use a new data set based on rescue and restructuring …
Persistent link: https://www.econbiz.de/10009467066
these important factors, the paper will describe the specifics of Chrysler’s bailout experience in 1979 with the positive … paper will explain the specifics of the government’s bailout of General Motors and Chrysler in 2009. The paper will also …, this paper will demonstrate that although the 1979 bailout was better perceived by the American public, the long term …
Persistent link: https://www.econbiz.de/10009468729
This paper investigates whether corporate political influence affects government investment decisions. We study the efficacy of the various forms of political influence, ranging from the relatively passive connections between firms and politicians, such as those based on politicians’ voting...
Persistent link: https://www.econbiz.de/10009480986
-level data on home mortgages and corporate loans. Our difference-indifference analysis indicates that after the bailout, bailed …
Persistent link: https://www.econbiz.de/10009482955
El bucle de retroalimentación entre la insolvencia soberana y la del sector financiero se ha identificado como un impulsor clave de la crisis de deuda europea y ha motivado una serie de propuestas políticas. Revisamos este «bucle de perdición» centrándonos en los incentivos de los...
Persistent link: https://www.econbiz.de/10014507011
Includes descriptive metadata provided by producer in QuickTime movie file: "Politics, Economics and Social Issues - Video - Paul Volcker talks about the economic crisis." By Vanderbilt University. Paul A. Volcker, senior economic advisor to President Obama and former chairman of the Federal...
Persistent link: https://www.econbiz.de/10009431143
Over the Past two and a half years banks have failed at the fastest pace since the Great Depression. These rapidly mounting bank failures have rekindled a debate surrounding the use of fair value accounting, with many arguing that fair value has exacerbated the severity of the recent financial...
Persistent link: https://www.econbiz.de/10009468726
We model EU countries? bank ratings using financial variables and allowing for intercept and slope heterogeneity. We find that country-specific factors (in the form of heterogeneous intercepts) are a crucial determinant of ratings. Whilst ?new? EU countries typically have lower ratings than...
Persistent link: https://www.econbiz.de/10009481446