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Der ökonomische Mainstream steht seit Ausbruch der Finanzkrise 2007/08 vermehrt unter Kritik, hatten doch nur wenige … getilgt hat. Hätte Karl Marx eine bessere Prognose zur Finanzkrise gestellt? Seine Geld- und Kredittheorie erschließt sich … zeigt sich, dass Marx insbesondere durch seine Analysen zum Kreditgeld die Finanzkrise besser erklären kann als der …
Persistent link: https://www.econbiz.de/10011913305
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
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
In this paper we assess the present sustainability of Turkey's current account position using the framework provided by … conclude that Turkey's internal structure and macroeconomic conditions (such as exports and the fiscal position) have improved … that are allowing Turkey to continue having large and increasing current account deficits. However, there is vulnerability …
Persistent link: https://www.econbiz.de/10011807189
expectations becoming more important in contemporary capitalism? … Kapitalismus verstehen? Und: Kommt es im Verlauf kapitalistischer Entwicklung zu einer Bedeutungszunahme fiktionaler Erwartungen? …
Persistent link: https://www.econbiz.de/10011660291
Persistent link: https://www.econbiz.de/10011696228
This paper describes the particular impacts of the financial and economic crisis on Central and Eastern European (CEE) countries, studies pro-cyclicality of fiscal policies, discusses the impact of the crisis on fiscal policy, and the policy response of various governments. After drawing some...
Persistent link: https://www.econbiz.de/10010494414
In summer 2007, the US subprime crisis emerged and economic growth in industrialised countries started to slow down. The situation deteriorated after the default of Lehman Brothers in September 2008 and despite massive government interventions, the United States and most European countries slid...
Persistent link: https://www.econbiz.de/10010352583