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This article aggregates qualitative field research from sites in 17 developing countries to describe crisis impacts and analyse how people coped with the food, fuel, and financial crises during 2008–2011. The research uncovered significant hardships behind the apparent resilience, with...
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We study the resilience of the “100 Best Companies to Work for in America” in times of financial crises by analyzing their long-term financial performance. Apart from implementing methods that tackle the statistical problems of stock returns, we use a conditional model to measure financial...
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The Global Financial Crisis (GFC) threatened to bring world financial markets to a halt. It is now coming to light that …
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Firms' financial obligations affect labor negotiation dynamics, pressuring firms and workers to reach an agreement and avoid costly walkouts. Using data on negotiation events, union elections, and policy changes, we find that firms' debt maturity: (i) increases when approaching negotiations and...
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Governments face growing contingent liabilities from disasters as they tend to shoulder a significant share of disaster response and recovery costs. Disaster shocks increase government expenditure and hamper economic activities. An increasing number of countries are developing financial...
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