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During the ongoing financial crisis the analysis of similar historical crises has gained more and more attention among economic researchers and forecasters. Existing studies, however, do not tackle the immense heterogeneity that is present in cross-country samples in a formal and consistent way....
Persistent link: https://www.econbiz.de/10010265233
I discuss briefly the crisis itself and then give some criteria that should be used in evaluating any policy proposed o deal with it. This is followed by a critical discussion of some of the policy measures that have been suggested. Finally, I give a list of proposals, that I believe best...
Persistent link: https://www.econbiz.de/10010427521
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The key dynamics of the transatlantic banking crisis are analyzed - with emphasis on the fact that the banking disaster of 2007/08 was not really a surprise -, and the five key requirements for restoring stability and efficiency in the EU/OECD banking sector are highlighted. Most important,...
Persistent link: https://www.econbiz.de/10010331377
search data to document how the great economic crisis has affected people's well-being and health studying the US, Germany … areas (US, Germany and the G8) are found, which are coincident with the crisis and its contagion timeline. An array of due …
Persistent link: https://www.econbiz.de/10010278433
Deutschland dauerhaft gesichert werden. … in Germany. …
Persistent link: https://www.econbiz.de/10010377868
erwarten, dass die Finanzkrise eine dämpfende Wirkung auf die Einkommensungleichheit in Deutschland haben wird. … untersuchen. Auf Basis des sozio-ökonomischen Panels (SOEP) analysieren wir erstmalig diesen Zusammenhang für Deutschland. Dabei … Finanzkrise auf die Ungleichheit. Unter der Annahme, dass sich diese als (negativer) exogener Wachstumsschock manifestiert, ist zu …
Persistent link: https://www.econbiz.de/10010300316
price and wage rigidities to study four countries (the U.S., the U.K., Sweden, and Germany) during the financial crisis and … factors were also important in the U.K., but less so in Sweden and Germany. Reduced matching efficiency was considerably less … important in the U.K. and Sweden than in the U.S., but matching efficiency improved in Germany, helping to keep unemployment low …
Persistent link: https://www.econbiz.de/10010320789
Using two decades of American Housing Survey data from 1985 to 2005, we estimate the influence of negative home equity and rising mortgage interest rates on household mobility. We find that both factors lead to lower, not higher, mobility rates over time. The effects are economically large -...
Persistent link: https://www.econbiz.de/10010283561
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