'Would having more women in leadership have prevented the financial crisis?' This question, raised in the popular media, can make effective fodder for teaching critical thinking within courses such as gender and economics, money and financial institutions, pluralist economics, or behavioural...

This paper proposes a total return-based framework to study flight-to-quality phenomenon of fixed-income securities. It consists of three elements: (i) the general definition of event; (ii) the typological classification of the phenomena to be able associate them with the phases of business...

The paper deals with changes in tertiary education (TE) funding in 28 European countries after 2007. We focus on two aspects: first, does the public expenditure on TE change (decrease/increase) in proportion to the changes (decreases/increases) in public expenditure on education and second, did...

Taking into consideration the fact that financial crises, as a manifestation form of the financial instability, are becoming more and more frequent, complex and severe, it is important to discuss about the macroeconomic prudentiality, in order to protect and save the economy of a country or of a...

The global financial crisis around 2008 and the subsequent great recession have forced attention on the relevance of economics. In particular, the core of economic theory suggests that money is neutral (affecting only the price level but not real economic variables) and hence finance and...

This paper aims to identify the types of financing structures of the economy that exist in European Union countries highlighting the features of each structure. For each type of financing system of the economy identified we observe the financial resources available to companies. Depending on...

This paper challenges prevailing accounts of the financial origins of the Great Recession by engaging two distinct theoretical perspectives originating in Karl Marx and Hyman Minsky. The paper argues that the domestic and global, financial and “real†origins of the crisis are deeply...

As the US and global economies begin to recover from one of the worst financial crises in history, the opportunity to analyse the causes of the most recent crisis have emerged. One argument has brought an accounting standard into the spotlight. The accounting standard that was being blamed for...