endogenously generated by the established OTD (Originate-To-Distribute) model within the new finance-growth paradigm. Good finance … virtuous cycle), whereas bad finance captures part of the created wealth and, thanks to a highly technologically advanced … financial system with the ability to create money ex nihilo, over time it drags the economy down to recession or negative growth …

share of the total economy-wide wage bill accounted for by bonuses into the shares of employment in the PRP and non …. Findings – The growth in the economic importance of bonuses in Britain in the mid-2000s – and subsequent fluctuations since the … onset of recession in 2008 – can be almost entirely explained by changes in the gearing of bonus to base pay within the PRP …

during and after the Great Recession with special attention to business and STEM fields, as well as the heterogeneity by … Recession. Second, the increase for STEM fields is spread across several detailed STEM fields, while the decrease in business … majors is especially concentrated among finance and management. Third, we find strong heterogeneous effects by gender and …

the empirical literature on the finance-growth nexus. It highlights an array of statistical issues casting serious doubts … littérature empirique sur la relation finance-croissance. Il lève le voile sur un certain nombre de problèmes remettant en …

queries was to share experience, views and opinions on what works during recession and how should one tackle recovery …