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I use daily data on self-reported well-being (SWB) to examine how the Great Recession affected the emotional and evaluative lives of the population. In the fall of 2008 and lasting into the spring of ...
In the paper we research statistical properties of the Central European stock markets. We focus mainly on the tail behavior of the Czech, Polish, and Hungarian stock markets and compare them to the be...
The effects of the 2008 Financial Crisis continues unabated, and the resulting credit crunch escalated the crisis globally. Both domestic and foreign markets are volatile. The G7 nations continue to...
Many experts believe that the global financial crisis in 2008 is the worst of its kind since the Great Depression in 1929. The crisis was started from housing market in the US and spread quickly into ...
Latin America has very good conditions for microfinance; the macroeconomic growth which Latin America had shown in the recent years created favourable conditions for the microfinance institutions' fav...
This paper discusses the theoretical and policy debate on the crisis in Southeast Asia. After contrasting competing interpretations of the crisis, the paper presents stylized facts about fundamental...
Using an early warning system model, this paper provides empirical evidence on the causes of the 1997 Asian financial crisis, with a view to shedding light on policy lessons. The model shows that ther...
The aim of this paper is to clarify the problems of microfinance and the sustainability of microfinance institutions (MFI) in financial crisis. We find, that MFIs are often considered as one of the mo...
We study the effect of accounting reforms on the quality of accounting information after the 1997 financial crisis in Korea. Using observations of accounting earnings and stock returns over the past ...
该文主要考察了东亚国家的金融制度安排、公司治理结构和金融危机的相关性。该文认为,在有关金融危机问题的研究中,最重要的思路是把金融制度安排与公司治理结构的关系引入其中。尽管公司治理结构的理论与实践似乎在告诉我们一个事实,股权和债权的相对集中将有利于对管理者的监督及对投资者的保护,然而需强调的是这一利好的事实却依赖于有效的金融制度安排,而绝不是所谓的“政府政策和利益导向型”安排。该文的主要结论是,东亚...
We study the effect of accounting reforms on the quality of accounting information after the 1997 financial crisis in Korea. Using observations of accounting earnings and stock returns over the past 2...

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