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Persistent link: https://www.econbiz.de/10014306476
How do trade patterns change after an external shock such as an economic crisis, and is this shift structural? This paper uses a Difference-in-Difference (DID) approach to investigate whether services trade became more digital after the Global Financial Crisis (GFC) in 2008. It finds that the...
Persistent link: https://www.econbiz.de/10014327353
Die globale Finanzkrise und der damit verbundene dramatische Einbruch der privaten Kapitalflüsse hat die …
Persistent link: https://www.econbiz.de/10011602066
The strong recovery of the five crisis-affected countries of East Asia between 1999 and 2000 has revived the debate on the causes of the 1997 financial crisis. Initially there had been an emerging consensus that the crisis had originated from the capital account. However, some analysts see the...
Persistent link: https://www.econbiz.de/10011429646
In der argentinischen Währungskrise ist erstmals ein Currency Board System zusammengebrochen. Die Arbeit zeigt auf, warum diese Art des Währungssystems eingeführt worden ist, warum sich zunächst große Erfolge einstellten und warum sie schon den Keim des Scheiterns in sich trugen. Zunächst...
Persistent link: https://www.econbiz.de/10010368384
Die asiatische Wirtschaftskrise ist ein Thema, mit dem sich mittlerweile zahlreiche Publikationen beschäftigt haben und … regionalen Wirtschaftskrise anzusehen und nach denjenigen Ursachen und möglichen Therapieformen zu suchen, die nicht nur für die … der Beiträge sind einerseits die Entwicklung der asiatischen Wirtschaftskrise im Zeitverlauf, die zentralen …
Persistent link: https://www.econbiz.de/10014492788
This paper compares the depth of the recent crisis and the Great Depression. We use a new data set, namely seven activity indicators, to compare the drop in activity in industrialised countries. This is done under the assumption that the recent crisis levelled off in mid-2009 for production and...
Persistent link: https://www.econbiz.de/10011435273
This paper considers financial, operational, solvency, and performance ratios, in order to detect when there were balance sheets’ variations related to the 1994 Mexican currency crisis. Quarterly results for 88 non-financial Mexican companies that survived the crisis are used, and tests for...
Persistent link: https://www.econbiz.de/10010325528
This paper aims to examine the evolution of currency risk exposure of Brazilian corporations, especially exporting companies, from the 2008 crisis, when several companies suffered substantial losses due to the decline of the real. We analyze their financial based on the usage of derivatives, as...
Persistent link: https://www.econbiz.de/10010330592