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The mortgage meltdown as normal accidental wrongdoing

Palmer, Donald; Maher, Michael W. - In: Strategic organization 8 (2010) 1, pp. 83-91

Persistent link: https://www.econbiz.de/10003954024

The Mortgage Meltdown as Normal Accidental Wrongdoing

Maher, Michael W. - 2009

We analyze the mortgage meltdown as a “normal accident” (Perrow, 1984). We begin by briefly outlining normal accident … theory; both Perrow's original version and Mezias' (1994) subsequent extension. We then use normal accident theory to analyze … and wrongdoing; a vexing question for both normal accident theory and observers of the meltdown. We conclude by briefly …

Persistent link: https://www.econbiz.de/10013154077

There is no smoke without a fire : The effect of government interventions in less advanced economies

Hryckiewicz, Aneta - In: Economic systems 45 (2021) 1, pp. 1-19

Persistent link: https://www.econbiz.de/10012797875

The Collapse of International Trade During the 2008-2009 Crisis : In Search of the Smoking Gun

Levchenko, Andrei A. - 2010

One of the most striking aspects of the recent recession is the collapse in international trade. This paper uses disaggregated data on U.S. imports and exports to shed light on the anatomy of this collapse. We find that the recent reduction in trade relative to overall economic activity is far...

Persistent link: https://www.econbiz.de/10012462647