1 The Ecstatic of the Excess in Bataille, Baudrillard, and Marx -- 2 Overaccumulation and Crisis -- 3 The Hypertrophy of the Excess: Speculative Capital and Derivatives -- 4 The Transformation of the Shareholder Concept and the New Asset Managers -- 5 Financial Capital. Leverage Power and...

The current paper examines the asymmetric effects of changes to monetary and fiscal variables on different types of firms in the UAE. We compute impulse responses based on local projections and select shock and switching variables using machine learning. We examine 180 firms listed in the UAE...

US federal transfers to individuals are large, countercyclical, vary geographically, and are often credited for helping stabilize regional economies. This paper estimates the short-run effects of these transfers using plausibly exogenous regional variation in temporary stimulus packages and...