Search results for "crise"
showing 10 items of 149 documents
Boukharine dirige l’Internationale communiste, 1926-1928 (où l’on voit notamment comment est apparue l’expression « crise générale du capitalisme »)
2020
International audience
How Does Investor Sentiment Affect StockMarket Crises? Evidence from Panel Data
2011
Down and out in Italian towns: Measuring the impact of economic downturns on crime
2016
The paper investigates the effect of local economic conditions on crime. The study focuses on Italy’s local labor markets and analyzes the response of crime to the severe slump of 2007-2011. It shows that the downturn led to a significant increase in economic-related offenses that do not require particular criminal skills or tools (namely, thefts).
A reply to "banking crises, labor reforms, and unemployment: A comment"
2015
Aleksynka (2015) points to some important methodological flaws in the labor market indicators data used in Bernal-Verdugo, Furceri and Guillaume (2013) [BFG]. This paper revisits the empirical findings presented in BFG, and shows that the results and conclusions are little affected by these methodological flaws. In particular, we find that: (i) while in countries with more flexible labor markets the impact of banking crises is sharper but short-lived, in countries with more rigid labor markets the effect is initially more subdued but highly persistent; (ii) comprehensive labor market reforms have a positive impact on unemployment, albeit only in the medium term.
The effect of financial crises on potential output: New empirical evidence from OECD countries
2012
Abstract The aim of this paper is to assess the impact of financial crises on potential output. For this purpose a univariate autoregressive growth equation is estimated on an unbalanced panel of OECD countries over the period 1960–2008. Our results suggest that the occurrence of a financial crisis negatively and permanently affects potential output. In particular, financial crises are estimated to lower potential output by around 1.5–2.4% on average, with most of the impact coming from the effect on capital. The magnitude of the effect increases with the severity of the crisis. These results are robust to the use of an alternative measure of potential output, changes in the methodology and…
An anatomy of financial crises in Norway, 1830-2010
2014
Author's version of an article in the journal: Financial History Review. Also available from the publisher at: http://dx.doi.org/10.1017/S0968565013000279 On the basis of a novel dataset, the article investigates the anatomy of financial crises in Norway from 1830 to 2010. First, nine significant crises are identified. Second, the article examines spillover effects on the real economy. We find a clear but not symmetric relationship. Third, the article investigates key patterns in credit and money volumes. Major financial crises typically occurred after substantial money and credit expansion, causing financial instability.
Afghanistan and the language of equality : a social contract in the making on a world-system fault
2013
The international intervention in Afghanistan started more than ten years ago. It built on new institutions according to the democratic model, complete with concepts generalized in the Western world since the 18th century, and among them the principle of equality. This model had founded the Amirs’ wished socio-political changes all along the 20th century, but ended in an on-going 30-year chaos with ever-renewed adversaries since the 1970’s. As operated in Afghanistan, tribalism and modernity – meant as an ideology, result in opposition prevaling as a social behaviour, which produces fragmentation or destruction and deals with equality demands through group honor. Consequently, traditionalis…
La movilidad geográfica de búlgaros y rumanos durante la Gran Recesión en España
2021
El objetivo de este artículo es analizar las pautas de movilidad de los inmigrantes procedentes de Bulgaria y Rumania durante la grave crisis económico-laboral que afecta a España. La información utilizada procede de entrevistas en profundidad a migrantes búlgaros y rumanos, que se completa con datos del Instituto Nacional de Estadística y del Ministerio de Empleo y Seguridad Social. Los resultados muestran el fuerte incremento de la movilidad interprovincial de trabajadores, sobre todo en los primeros años y con un destacado protagonismo de los varones, y el progresivo aumento de la migración internacional, que adopta diversas formas: retorno, migración circular entre el lugar de origen y …
Santé au travail et pandémie : les droits du salarié en recul ?
2021
International audience
Interbank lending and the spread of bank failures: A network model of systemic risk
2012
We model a stylized banking system where banks are characterized by the amount of capital, cash reserves and their exposure to the interbank loan market as borrowers as well as lenders. A network of interbank lending is established that is used as a transmission mechanism for the failure of banks through the system. We trigger a potential banking crisis by exogenously failing a bank and investigate the spread of this failure within the banking system. We find the obvious result that the size of the bank initially failing is the dominant factor whether contagion occurs, but for the extent of its spread the characteristics of the network of interbank loans are most important. These results ha…