Showing 1 - 10 of 4,955
Persistent link: https://www.econbiz.de/10011526546
exposure was such that it did not result in any abnormal fluctuations in bank values at the height of the crisis. When we … measure the sensitivity of bank returns to changes in the Greek CDS spread in an effort to measure banks' exposure to the … crisis, we find that changes in the Greek CDS spread provide no additional explanatory power for bank returns beyond what a U …
Persistent link: https://www.econbiz.de/10013025329
Persistent link: https://www.econbiz.de/10013493642
The Great Recession has increased concerns over the fairness of the distribution of wealth and income in many societies. Using data on eight advanced economies (Germany, Greece, Ireland, Italy, Slovakia, Spain, the United Kingdom, and United States) between 2007 and 2010, I show how the Great...
Persistent link: https://www.econbiz.de/10010335454
Social vulnerability due to insufficient income and earnings may come from many sources, both demographic and economic, in a globalizing world. This paper examines the problems of population aging, low wages, growing inequality, and insufficient social spending. Vulnerable groups such as...
Persistent link: https://www.econbiz.de/10010335595
Disability insurance - the insurance against the loss of the ability to work - is a substantial part of social security expenditures in many countries. The benefit recipiency rates in disability insurance vary strikingly across European countries and the US. This paper investigates the extent...
Persistent link: https://www.econbiz.de/10011650752
Persistent link: https://www.econbiz.de/10000892493
Persistent link: https://www.econbiz.de/10000754541
Persistent link: https://www.econbiz.de/10000798679