In early 2012, the Spanish state came under strong market pressure due to its engagement in round after round of large-scale bank bailouts. The country’s joint sovereignbank crisis shed new light on the nature of the euro area’s crisis. European decision-makers were forced to openly...

We quantify the amount of information filtered by different hierarchical clustering methods on correlations between stock returns comparing the clustering structure with the underlying industrial activity classification. We apply, for the first time to financial data, a novel hierarchical...

State-labour NGOs relations in China have been particularly fraught. In 2012 these took an interesting twist, as some local governments made overtures to labour NGOs to co-operate in providing services to migrant workers. This article argues that this shift is part of a broader strategy of...

The global financial crisis that began in 2007 and deepened in 2008 exposed major weaknesses in financial and macroeconomic policy coordination, and profound flaws in financial risk management and regulation in a number of advanced countries. The severity of the crisis led global leaders to...

A package accompanying the book Marginal Models for Dependent, Clustered, and Longitudinal Categorical Data by Bergsma, Croon, & Hagenaars, 2009. It’s purpose is fitting and testing of marginal models.

We develop non-nested tests in a general spatial, spatio-temporal or panel data context. The spatial aspect can be interpreted quite generally, in either a geographical sense, or employing notions of economic distance, or when parametric modelling arises in part from a common factor or other...

African poverty statistics depend on household-level measurements from survey data, making the definition of household of critical importance. Detailed case studies from Tanzania and Burkina Faso explore (1) understandings of household membership and ambiguities, and (2) how well survey...