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Measuring the Impact of Transition Risk on Financial Markets: A Joint VaR‐ES Approach
ABSTRACT Based on a joint quantile and expected shortfall semiparametric methodology, we propose a novel approach to forecasting market risk conditioned to transition risk exposure. This method allows us to forecast two climate‐related financial risk measures called CoClimateVaR$$ CoClimateVaR $$ and CoClimateES$$ CoClimateES $$, being jointly ...
Laura Garcia‐Jorcano+1 more
wiley +1 more source
UNH Research Finds Great Recession Changed U.S. Migration Patterns [PDF]
Wright, Lori
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Clusters and the Great Recession
Social Science Research Network, 2021The depth of the Great Recession and the current COVID-19 crisis have increased the interest in the economic resilience of regions. This paper evaluates the role of clusters in the resilience of regional industry employment to economic downturns. Regions
Mercedes Delgado, M. Porter
semanticscholar +1 more source
The American Economic Review, 2020
We exploit variation in mortgage modifications to disentangle the impact of reducing long-term obligations with no change in short-term payments (“wealth”), and reducing short-term payments with no change in long-term obligations (“liquidity”).
Peter Ganong, P. Noel
semanticscholar +1 more source
We exploit variation in mortgage modifications to disentangle the impact of reducing long-term obligations with no change in short-term payments (“wealth”), and reducing short-term payments with no change in long-term obligations (“liquidity”).
Peter Ganong, P. Noel
semanticscholar +1 more source
Medicaid Access During Economic Distress: Lessons Learned From the Great Recession
Medical Care Research and Review, 2020Medicaid enrollment increases during economic downturns which imply households using the public health insurance program during coverage gaps due to job loss.
J. Benitez, Victoria E Perez, E. Seiber
semanticscholar +1 more source
Crises and the Great Recession [PDF]
The U.S. economy suffered in 2007–10 from crises in mortgage foreclosures and in financial markets, as well as a long recession that some have referred to as the Great Recession. The links between these events, or more broadly their causes, extent, and effects are sources of continuing controversy and uncertainty. This paper attempts to disentangle the
openaire +2 more sources
Deglobalization 2.0: Trade and Openness During the Great Depression and the Great Recession
, 2020Deglobalization 2.0 is a welcome contribution to the study of the relationship between globalisation, democracy and national sovereignty.
Mzukisi Qobo
semanticscholar +1 more source
2016
According to many economists the Great Moderation was supposed to last. However, in September 2008, the Great Recession broke out when Lehman Brothers, a New York-based investment bank, collapsed and the Great Moderation ended abruptly. The author’s summary of New Yorker staff writer John Cassidy’s How Markets Fail (2009) provides a sobering insight ...
openaire +2 more sources
According to many economists the Great Moderation was supposed to last. However, in September 2008, the Great Recession broke out when Lehman Brothers, a New York-based investment bank, collapsed and the Great Moderation ended abruptly. The author’s summary of New Yorker staff writer John Cassidy’s How Markets Fail (2009) provides a sobering insight ...
openaire +2 more sources
2013
The Great Recession could be attributed to several factors; nevertheless, the actions, reactions, and interactions of the following forces explain why the recession occurred, how it unfolded, and why it lasted so long. They should also guide us to develop the necessary policies to address some of the recession’s social and economic implications and ...
openaire +2 more sources
The Great Recession could be attributed to several factors; nevertheless, the actions, reactions, and interactions of the following forces explain why the recession occurred, how it unfolded, and why it lasted so long. They should also guide us to develop the necessary policies to address some of the recession’s social and economic implications and ...
openaire +2 more sources