Results 61 to 70 of about 26,178 (237)
A Long History of Wall Street Bailouts and How Puerto Rico Will Not Be Different
World Review of Political Economy, 2018 Even though in 2012, publications such as Morningstar were advising investors to “Watch Out for Puerto Rico,” and pundits were commenting about a very likely default, by 2013 and 2014, Wall Street was frenetically buying up Puerto Rican bonds.
Mayra Velez-Serrano
doaj +1 more source
British Journal of Industrial Relations, EarlyView.ABSTRACT The debate on whether national industrial relations (IR) are experiencing convergence is a long‐standing one. Recently, scholars argue that we are witnessing a neoliberal convergence of national IR, understood as an increase in employers’ discretion.
Vincenzo Maccarrone
wiley +1 more source
Australian and New Zealand Journal of European StudiesThis essay critically analyses the European Union's (EU) approach to economic recovery during times of crisis, focusing on the 2008 financial crisis and the subsequent eurozone debt crisis.
Hamish Stayt
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DEBT BAILOUTS AND CONSTITUTIONS [PDF]
Economic Inquiry, 2006 A demand‐based theory of subnational debt bailouts is presented. It is shown that demand for bailouts among politicians with regional constituencies is affected by revenue sharing arrangements as a bailout implies a shift of taxation toward the federal tier.
openaire +1 more source
A yes vote for the fiscal treaty was the cheaper and safer option for Ireland [PDF]
, 2012 Last week, Ireland voted ‘Yes’ to the European Fiscal Stability Treaty, despite some predictions that the country would vote No. Michael Courtney argues that Irish voters knew that voting Yes was the only way to secure future bailouts, should they be ...
Courtney, Michael
core
A Theory of the Boundaries of Banks With Implications for Financial Integration and Regulation
Financial Management, EarlyView.ABSTRACT We offer a theory of the “boundary of the firm” that is tailored to banks, recognizing the relevance of deposit financing and interbank lending as a substitute for integration. It is based on a single inefficiency that has been at the core of banking theory: risk‐shifting incentives in the interest of bank shareholders.
Falko Fecht +2 more
wiley +1 more source
Pricing contingent convertible bonds in African banks
South African Journal of Economic and Management Sciences, 2016 In times of financial distress, banks struggle to source additional capital from reluctant private investors. Sovereign bailouts prevent disruptive insolvencies, but distort bank incentives. Contingent convertible capital instruments (CoCos) – securities
Francois Liebenberg +2 more
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Testing for Contagion in International Financial Markets: To See More, Go Higher
Financial Review, EarlyView.ABSTRACT Traditional measures of financial contagion rely on correlation shifts, overlooking higher moments such as skewness and kurtosis. We examine contagion during two major financial crises, incorporating lower‐ and higher‐moment measures. We analyze stock market returns from 22 major markets at different frequencies, offering a global perspective ...
Simeon Coleman, Vitor Leone
wiley +1 more source
International Review of Economics & FinanceWe estimate the marginal effects of government ownership on individual bank risk and systemic risk using a panel dataset of 17 major Chinese banks for the period from 2007 to 2022.
Kaoru Hosono, Qing Liu
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Impacts of the macro environment on airline operations in southern Africa. [PDF]
African Journal of Hospitality, Tourism and Leisure, 2017 Tourism depends to a large extent on air travel and transport. The reliability and dependability of carriers to perform consistently is therefore of critical importance to the travel and tourism industry.
Oswald Mhlanga, J.N. Steyn
doaj