Search results for "Great Recession"
showing 7 items of 27 documents
Effects of external imbalances on GDP recovery patterns
2021
Abstract A decade after the beginning of the Great Recession, flow external imbalances, measured by the current account (CA) have narrowed markedly. However, stock or net foreign assets (NFA) imbalances have kept increasing and have created challenges for future macroeconomic and financial stability. To date, early warning systems (scoreboards) have focused more on flow than on stock variables. To approach this problem, in this paper we analyze expansions using two complementary sets of indicators proposed by Harding and Pagan (2002) and Gadea et al. (2017) for the period 1950–2016. After controlling for a large set of explanatory variables, we find that the effect of CA imbalances is limit…
Prospects for the return of Spanish scientists in the United Kingdom during the Great Recession
2021
The economic crisis that began in 2008 caused an increase in skilled Spanish emigration, including scientists, many of whom settled in the United Kingdom. The objective of this article is to analys...
Proyecto migratorio y trayectorias laborales de cuidadoras latinoamericanas: efectos de la Gran Recesión. Un estudio cualitativo en el Área Metropoli…
2021
Este texto aborda el proyecto migratorio y las trayectorias laborales de mujeres latinoamericanas que trabajan como cuidadoras en el ámbito doméstico en el Área Metropolitana de Valencia. A partir del uso de una metodología cualitativa se llega a varias conclusiones: existe una explicación multicausal de los proyectos migratorios, predominando los de carácter económico/laboral, y, en segundo lugar, sus trayectorias laborales se caracterizan por el mantenimiento en las mismas ocupaciones con ligeros cambios, o con modificaciones en sectores muy concretos. Además, la Gran Recesión ha afectado de manera negativa aquellas que habían visto levemente mejoradas sus posiciones en el mercado laboral…
A Historical Analysis of Media Practices and Technologies in Protest Movements : A Review of Crisis and Critique by Anne Kaun
2017
Dr. Anne Kaun’s book, <em>Crisis and Critique: A Brief History of Media Participation in Times of Crisis</em> (London: Zed Books, 2016, 131 pp., ISBN: 978-1-78360-736-5), is a concise but comprehensive analysis of the changing media practices and technologies in protest movements. The book overviews the topic within the context of major economic crises and scrutinises three richly detailed case studies in the United States: (a) the unemployed workers’ movement during the Great Depression in the 1930s, (b) the tenants’ rent strike movement of the early 1970s, and (c) the Occupy Wall Street movement following the Great Recession of 2008. Kaun begins her book with an introduction t…
Inequalities in Consumption Patterns over the Life Cycle and the Great Recession
2015
The aim of the study is to analyse the relationship between recession, population structure and consumption behaviour over the life cycle. To this aim, we consider three clusters of non-durable expenditures such as food at home, work-related and core expenditures. The analysis has been performed on micro data on the Household Budgets for the period 1997-2013. Based on life cycle theory, two statistical models has been estimated, viz. a pre-crisis (1997-2007) and a great recession period (2008-2013) model. The study shows that the recession has entailed a reduction of the average expenditure for each category of consumption, and the intensity of the reduction is different among households an…
The role of regional competitiveness in shaping the heterogeneous impact of the Great Recession
2020
This paper assesses the employment resilience of 202 European regions to the Great Recession by investigating the role of regional competitiveness. By using the regional shift component derived from a multiple bases shift–share analysis of employment change as a measure of regional endogenous employment growth, we show that pre‐crisis regional competitiveness determinants are associated with positive performances during the crisis period. However, the variables considered explain well the different vulnerability of the economies, but less convincingly the ability to recover. Taking into account the spatial interactions among regions, results are confirmed and allow us to identify spillover …
Firms’ distance to the European productivity frontier
2022
AbstractIn this article we explore the factors contributing to reduce the distance of laggard firms to the European frontier, focusing on institutional factors. To characterize Total Factor Productivity frontier firms within industries for the European Union we use firm level data from AMADEUS for the period 2003–2014. Our findings provide evidence on the importance of governance quality and easiness in getting credit in explaining the distance of laggard firms to the European productivity frontier. We also find that other factors at the country level -tertiary education, R&D stock, and trade openness- and at the firm level -size, age, and capital-intensity- influence the distance of la…