Showing 1 - 10 of 1,826
predict the early redemption of Term Asset-Backed Securities Loan Facility (TALF) loans used to purchase commercial mortgage …-backed securities (CMBS). The predictions of the model are strongly supported by the data. In addition, this paper looks at the … determinants of early redemption. CMBS originated inside the peak bubble years of 2005-2007 were much less likely to be redeemed …
Persistent link: https://www.econbiz.de/10013252762
Periods of economic turmoil distort the ability of stock prices to reflect the available information. In the last three decades, emerging markets experienced numerous crises. The major three of them are the Asian Financial Crisis (1997-1998), Global Financial Crisis (2007-2009) and Global...
Persistent link: https://www.econbiz.de/10014284076
activity. Sustained recovery only occurred in the United States when wheat prices surged in 1897. Likewise, recovery was … ultimately coincided with higher export prices. Increases in tariff rates also occurred during these recovery periods, though …
Persistent link: https://www.econbiz.de/10013266325
This study aims to examine the time-varying efficiency of the Turkish stock market's major stock index and eight sectoral indices, including the industrial, financial, service, information technology, basic metals, tourism, real estate investment, and chemical petrol plastic, during the COVID-19...
Persistent link: https://www.econbiz.de/10014289097
Real estate markets are frequently affected by growth and contraction cycles. Given the social and economic impacts of changes on real estate prices, the understanding of these cycles is crucial from a socio-economic perspective, but also, and more importantly, from a public policy view. The...
Persistent link: https://www.econbiz.de/10014289715
Persistent link: https://www.econbiz.de/10012613298
This paper scrutinizes the issue of economic resilience, aiming to detect the existence of a systematic link with economic specialization. To this end, the paper conducts an empirical analysis at the local (i.e., municipal) level of Greece during the economic crisis period (2009-2015), providing...
Persistent link: https://www.econbiz.de/10014516993
the impact of economic literacy on the probability that households experienced job loss, delinquent mortgage payments …
Persistent link: https://www.econbiz.de/10012626081
The world economy entered the third decade of this century with uncertainties and challenges of COVID-19 pandemic before it had fully recovered from the lingering aftereffects of the financial crisis. The financial crisis ended a period of overall global economic growth and price stability...
Persistent link: https://www.econbiz.de/10012485796
We investigate the behavior of aggregate hours supplied by workers in permanent (open-ended) contracts and temporary contracts, distinguishing changes in employment (extensive margin) and hours per worker (intensive margin). We focus on the differences between the Great Recession and the start...
Persistent link: https://www.econbiz.de/10013326873