The US retailing industry has been experiencing substantial decline over the last few years. This has been manifested in layoffs, changes in management, inventory write-downs, dis-continuation and stream lining of online marketing efforts, bankruptcy, reduced capital expenditures, store closings...

Between 1995-2003, the US retailing industry experienced substantial decline. This was manifested in layoffs, changes in management, inventory write-downs, discontinuation and streamlining of online marketing efforts, bankruptcy, reduced capital expenditures, store closings and cost cutting. In...

Structural Change is the basis for many decisions such as government fiscal and monetary policies, government interventions, corporate-expenditure decisions, corporate strategic decisions, portfolio management decisions in finance; household allocation decisions, etc.. Structural change in...

This article: i) explains why international financial contagion could have been a major cause of structural changes in the US economy and specific major US industries (housing, retailing, etc.) during 1995-2003; ii) critiques traditional methods of modeling international financial contagion; iii)...

During 1990-2015, the global auditing/accounting industry experienced significant structural changes that have implications for Financial Stability, systemic risk and the proper functioning of capital markets. Some of the results included the collapses of stock prices and bond prices of firms...