Search results for "crise"

Identitats de gènere i esport. Masculinitats inductores i resistències a la masculinitat hegemònica al futbol espanyol.

2010

Com a contribució al recorregut històric de la Psicologia social, s'aborda ara el decurs d'un esport universal i l'atribució a un dels gèneres: el masculí, evidentment. L'autor es pregunta si s'ha produït algun canvi en el ethos de gènere del futbol com a conseqüència de la pròpia evolució de les relacions de gènere en la societat espanyola i en relació amb el que s'ha denominat la crisis de la masculinitat. I mira de contestar a abastament, en el contingut del seu detallat i documentat estudi, que es divideix en cinc parts. En la primera s'ofereix una revisió de la literatura sobre la qüestió i es desenvolupa el marc teòric en el qual es recolza la investigació presentada, en les tres segü…

East Asia in the Global Economy: Theoretical and Empirical Questions for Marxism

2019

As Marxism and socialism pass through watershed years it is important to reflect on the abiding questions of Marxist theory and empirical analysis. This article takes up this task in the context of East Asia under the impetus of globalisation and neo-liberalism, introducing a collection of five articles collected in the special issue. The article shows that questions Marx posed about the global economy more than a century ago remain prescient and continue to animate cutting-edge research, as shown in the articles in this special issue.

O evento na categorização de migrantes: Explorando questões de “eventfulness” nas Américas

2020

Abstract The categories that define people on the move must be understood as unstable, contingent, and provisional processes. This paper contributes to a growing body of scholarship that explores the lived complexities of migrant categorization and their social implications. Based on fieldwork in Brazil and Central America, the paper investigates the processual character of categorization by intertwining temporal and spatial dimensions, focusing on specific events to understand the occasions, circumstances, and intentions that bring about adapted or entirely new categories. An eventful notion of categorization demonstrates not only how categories come into being but also how categories rema…

Three essays on economic resilience and regional disparities

2017

Impact of COVID-19 on the travel and tourism industry.

2021

Abstract Our paper is among the first to measure the potential effects of the COVID-19 pandemic on the tourism industry. Using panel structural vector auto-regression (PSVAR) (Pedroni, 2013) on data from 1995 to 2019 in 185 countries and system dynamic modeling (real-time data parameters connected to COVID-19), we estimate the impact of the pandemic crisis on the tourism industry worldwide. Past pandemic crises operated mostly through idiosyncratic shocks' channels, exposing domestic tourism sectors to large adverse shocks. Once domestic shocks perished (zero infection cases), inbound arrivals revived immediately. The COVID-19 pandemic, however, is different; and recovery of the tourism ind…

On the severity of economic downturns: Lessons from cross-country evidence

2012

Abstract We measure the severity of recessions as a function of their amplitude and duration. Within a quantile regression framework, we assess what causes economic downturns to be more or less severe. We find that the most severe downturns have striking similarities regarding cumulated domestic credit and large current account deficits.

Forecasting Financial Crises and Contagion in Asia using Dynamic Factor Analysis

2009

Abstract In this paper we use principal components analysis to obtain vulnerability indicators able to predict financial turmoil. Probit modelling through principal components and also stochastic simulation of a Dynamic Factor model are used to produce the corresponding probability forecasts regarding the currency crisis events affecting a number of East Asian countries during the 1997–1998 period. The principal components model improves upon a number of competing models, in terms of out-of-sample forecasting performance.

Fatal attraction: Using distance to measure contagion in good times as well as bad

2007

This paper proposes a new measure of contagion that is good at anticipating future vulnerabilities. Building on previous work, it uses correlations of equity markets across countries to measure contagion, but in a departure from previous practice measures contagion using the relationship of these correlations with distance. Also in contrast to previous work, our test is good at identifying periods of “positive contagion,” in which capital flows to emerging markets in a herd-like manner largely unrelated to fundamentals. Identifying such periods of “fatal attraction” is important as they provide the essential ingredients for subsequent crises and rapid outflows of capital.

TESTING FOR CONTAGION: A CONDITIONAL CORRELATION ANALYSIS

2005

Abstract In this paper, we test for contagion within the East Asian region, contagion being defined as a significant increase in the degree of comovement between stock returns in different countries. For this purpose, we use a parameter stability test, and, following [Rigobon, R., 2003a. On the measurement of the international propagation of shocks: is the transmission stable?, Journal of International Economics], we control for three types of bias, resulting from heteroscedasticity, endogeneity and omitted variable, respectively. The null of interdependence against the alternative of contagion is then tested as an overidentifying restriction. Unlike other studies, our approach is based on …

Financial crises in Spain: lessons from the last 150 years

2012

Financial crises are not unique to current financial systems. Are crises alike? Have they become more frequent, longer lasting and more severe since the 20th century? What does history tell us? The objective of this paper is to study the financial crises that have occurred in Spain over the last 150 years. We consider different types of crises (banking, currency and stock market crises), together with all their possible combinations, estimate their frequency by period and measure their length and depth. The main conclusion we obtain is that Spanish crises have been more frequent than in the rest of the world and have been more severe and more complex since 1973, as the 2007 crisis is confir…