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Extract: The global financial crisis of 2007-09 will go down in the history indubitably as the foremost economic and financial cataclysm of the twenty-first century, a seismic economic and financial event. It also acquired the dubious distinction of being the gravest crisis since the Great...
Persistent link: https://www.econbiz.de/10009441717
To assess the impact of the recession on the financial performances of the lodging industry, this study examines sample … firms’ financial ratios in 2006, the year immediately prior to the recession, to those in 2008, the year during which the … recession was in full swing. The findings of this study indicate that both non-gaming hotels and casino hotels experienced …
Persistent link: https://www.econbiz.de/10009468070
Stock market wealth effects on the level of consumption in the United States economy have been constantly debated; there is evidence for arguments for and against its prominence and its symmetry. This paper seeks to investigate the strength of its negative effect by creating models to analyze...
Persistent link: https://www.econbiz.de/10009474964
percentage of U.S. GDP (VA%GDP), national U.S. unemployment rates (UNEMP), and periods of recession (PROX) on entrepreneurship … significant and negative in three of nine industries. Finally, periods of economic recession, measured by a proxy variable, only …
Persistent link: https://www.econbiz.de/10009475371
The recent/current recession provides the opportunity to study the effects of the macroeconomic changes on the … macroeconomic conditions driven by the 2008 recession on irrigated crop production in a portion of the Southern Great Plains and its … representing different water situations and cropping patterns in the region. Overall results indicate that the 2008 recession …
Persistent link: https://www.econbiz.de/10009446526
An economic recession affects an entire economy, including the non-profit sector. The impact could result from changes … shrink because of the recession and declining stock values. This study will examine how an economic recession can affect non …-recognized ones, the former will be less affected during an economic recession. This study will identify and define the main income …
Persistent link: https://www.econbiz.de/10009450222
the current recession in the United States which began in October 2007. Research on attendance during past recessions has … recession. Results were analyzed to find if there were any relationships that proved to be significant, with a t-Stat score > 2 … and 2009 seasons, which were the first and second seasons following the start of the recession. Based on the trend of …
Persistent link: https://www.econbiz.de/10009450225
recession. As employers will be bargaining over a smaller pool of ‘relevant’ labour, wage inflation is more likely, even when …-term unemployment. The level of unemployment exhibits a substantial and rapid rise at the onset of recession. Since the late 1970s the …
Persistent link: https://www.econbiz.de/10009451725
monetary easing, the economy is mounting a stronger recovery from recession. However, this cyclical fluctuation masks deeper …, structural shifts in demand and supply that began before the recession took hold and will continue. to distinguish themselves …
Persistent link: https://www.econbiz.de/10009483001
Eastern deserts. The U.S. economy was already flirting with recession before Iraq invaded Kuwait. The short-run effects of the … with little inflation. Whether or not a "recession" is ultimately declared to have occurred in 1990 is of little importance …
Persistent link: https://www.econbiz.de/10009483007