The objective of this paper is to explore the role of global financial crises in creating oil price shock affecting both importing and exporting countries of East and West Asia over 1980-2008. It also investigates the oil shock effect on trade relations among these countries during the period....

This paper investigates the performance of labor markets during the recent crisis for 28 industrialized countries, specifically the reaction of employment and unemployment indicators relative to output changes.We construct a composite indicator for output as well as labor market performance. The...

This paper discusses several key issues regarding the current Great Crisis, which has extended over two periods. The first period covered the 2007-09 subprime crisis in the US, while the second took the form of a twin sovereign debt and banking crisis in Europe after 2010, and persists until...

To find a lesson to US and UE banking crises, this paper studies the factors associated with the emergence of banking crises during the process of financial liberalisation in a large sample of cross-countries in 1989-1997 using a spatial Durbin model in a panel data econometrics. The empirical...

The article studies the current state of the network of banks branches in Ukraine, identifies main reasons of reduction of the number of branches and branch departments, and identifies positive and negative consequences of this reduction for various subjects. Thus, in the course of recent years...

Institutional investors are seen as key investors on the financial market, crucial market makers, supporting market liquidity and activity, as well as important pillars of pension systems and for maintaining financial stability. Institutional investors, mostly pension funds and insurance...

Banks had a large part in the developments taking place in the years after the outbreak of the crisis in 2007, as many banks had an excessively low capital base, involving too much risk in its businesses. In this study, the largest four banks in Sweden have been investigated. The financial...