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the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …We document that trust in public institutions and particularly trust in banks, business and government has declined … sector. Finally, analysis of several repeated cross-sections of confidence within U.S. states yields similar qualitative …
Persistent link: https://www.econbiz.de/10010278438
the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …We document that trust in public institutions - and particularly trust in banks, business and government - has declined … sector. Finally, analysis of several repeated cross-sections of confidence within U.S. states yields similar qualitative …
Persistent link: https://www.econbiz.de/10010274853
politicians generates a procyclical bias in government spending. The introduction of fiscal transparency generates two new …
Persistent link: https://www.econbiz.de/10010321001
This paper analyzes Raúl Prebisch's less familiar contributions to economic theory, related to the business cycle, and heavily informed by the Argentinean experience. His views of the cycle emphasize the common nature of the cycle in the center and the periphery as one unified phenomenon. While...
Persistent link: https://www.econbiz.de/10010288109
This paper codifies in a systematic and transparent way a historical chronology of business cycle turning points for Spain reaching back to 1850 at annual frequency, and 1939 at monthly frequency. Such an exercise would be incomplete without assessing the new chronology itself and against...
Persistent link: https://www.econbiz.de/10010317138
low-paid services. The Trump government's much-touted investment programme is dependent on mobilising private funding but …
Persistent link: https://www.econbiz.de/10014363309
Numerous countries have experienced boom-bust episodes in asset prices in the past 20 years. This study looks at stylised facts and conducts statistical and econometric analysis for such episodes, distinguishing between industrialised countries that experienced external adjustment (via real...
Persistent link: https://www.econbiz.de/10011604859
government workers). Economists must lead by example by combating hategoatism, and that requires cleaning their own house first. …
Persistent link: https://www.econbiz.de/10012023362
of a communist government in February 2008, within two months of the introduction of the euro, and its subsequent choices … for action and inaction on economic policy matters. The government allowed a rapid deterioration of public finances, and … to its exposure in Greece. Rather than deal with its ?scal crisis, the government secured a loan from the Russian …
Persistent link: https://www.econbiz.de/10010368599
Why did Europe fail to manage the euro area crisis and what lessons can be drawn from this failure for Europe"s future? Studying the EU / IMF program that was imposed on Greece in May 2010 – the original sin of the crisis – highlights both the nature of the problem and the difficulty in...
Persistent link: https://www.econbiz.de/10014524343