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systemic financial crisis. During the Great Recession, failing market risk-sharing was replaced by the ECB through the cross …
Persistent link: https://www.econbiz.de/10012054628
This work nests the Agent-Based macroeconomic perspective into the earlier history of macroeconomics. We discuss how the discipline in the 70's took a perverse path relying on models grounded on fictitious rational representative agent in order to try to pathetically circumvent aggregation and...
Persistent link: https://www.econbiz.de/10012060654
accumulation rather than crisis dates and find that in both advanced and EMEs, corporate debt buildups cause more financial peaks …
Persistent link: https://www.econbiz.de/10012064731
The Austrian Beveridge curve shifted in 2014, leading to ongoing academic discussions about the reasons behind this shift. While some have argued that the shift was caused by a supply shock due to labour market liberalization, others have stated that matching efficiency decreased. Using a new...
Persistent link: https://www.econbiz.de/10012099113
earlier findings of similar analyses for the NMS. Finally, we analyse differentiated impacts of the recent (2008-2011) crisis … patterns and responses to the crisis. …
Persistent link: https://www.econbiz.de/10012100130
particular after the crisis of 2008-2009. Which are investment- and export-led growth, which implies slower growth of consumption …
Persistent link: https://www.econbiz.de/10012100224
La financiación es un factor clave para el emprendimiento, especialmente en periodos de crisis, donde la restricción … el periodo 2003-2012, para determinar si la crisis ha modificado sus necesidades de financiación. El análisis concluye … que durante la crisis (2008-2012) ha cambiado la distribución de productos financieros, aumentando el peso de aquellos …
Persistent link: https://www.econbiz.de/10012115906
The topic of corporate distress and turnaround has been of interest to organizational change theory for many decades. This article considers existing reviews in discussing the current body of turnaround literature across multiple research fields and structures its work along a holistic...
Persistent link: https://www.econbiz.de/10011817079
Europe and globally. Latvia's adjustment and recovery from the 2008 economic crisis represents "a rare case study", which … after the crisis. We also identify groups particularly affected by the crisis and provide suggestions for the right mix of …
Persistent link: https://www.econbiz.de/10011819002
Throughout the long postwar period, crisis was a conjectural phenomenon and the exception in a normalcy of growth and … today's societal upheaval. In the wake of the financial crisis of 2008, we have witnessed the breakdown of majority …
Persistent link: https://www.econbiz.de/10011853156