In this paper, we explore the deep economic crisis experienced by the Turkish economy in 2001 and 2008 as quasi-experiments to causally identify the association between economically challenging conditions in-utero and child's birth weight. First, we utilize the temporal and spatial variations of...

Research and development expenditure (R&D) generate innovation and contribute significantly to the economic development. Previous studies emphasized the role of public R&D to encourage the technological innovation in the private sector. However, the effect of global economic crisis with respect...

The paper explores the patterns of business investment in research and development (R&D) using evidence from companies in South Africa, in comparison with indicators for a number of other countries. This study covers the period 2006-2016, the studied companies were grouped by the amount of R&D...

This paper examines the dynamics between growth and profitability in an economic crisis context by considering the endogeneity of this relationship. It also analyzes the role of innovation and export intensity in the growth-profit relationship. Using a large firm-level dataset comprising Spanish...

The global crisis and the reactions of countries to the crisis did not spread the 1930's weather conditions. This situation caused relief. However, it does not provide for policies that will slow down globalization and growth. The worldwide creeping has led to increased protectionism and more...

The novel coronavirus disease, COVID-19, has brought significant change to people's lives and business activities nationally, regionally, and globally. The Philippines took swift action-including enhanced community quarantine (ECQ)-to contain the pandemic and launched an emergency subsidy...

Our paper seeks to provide empirical evidence for a spatial-temporal system of (short-term) regional resilience determinants. Based on groundwork from Martin (2012) and Martin and Sunley (2015), we employ a nested hierarchy of regional and national determinants to constitute the spatial...

We estimate whether migration can be an equilibrating force in the labour market by comparing pre- and post-crisis migration movements at the regional level in both Europe and the United States, and their association with asymmetric labour market shocks. Based on fixed-effects regressions using...

This paper analyses the causal effects of temporary employment on work-related stress and mental health before (2006/07) and during the economic crisis (2011/12) and examines whether the economic recession worsened these two health outcomes. To control for selection bias, propensity scores (PS)...

The paper investigates the reaction of public R&D spending on economic crises. We are interested in two counteracting motives: On the one hand, public R&D spending can be seen as a means to fight the crisis, and governments may decide to increase their R&D budgets. On the other hand, a crisis...

We estimate whether migration can be an equilibrating force in the labour market by comparing pre- and post-crisis migration movements at the regional level in both Europe and the United States, and their association with asymmetric labour market shocks. Based on fixed-effects regressions using...

We estimate whether migration can be an equilibrating force in the labour market by comparing pre- and post-crisis migration movements at the regional level in both Europe and the United States, and their association with asymmetric labour market shocks. Based on fixed-effects regressions using...

Poverty declined substantially in Mozambique between 1996/97 and 2014/15. However, the recent economic crisis, characterized by a significant increase in domestic prices, may have dragged several households into poverty. Using consumer price index and 2014/15 household budged survey data, we...

The "great recession" has affected labor markets in Euro-area countries in very different ways. This chapter documents two important aspects of their response: the impact effect of the recession on the rate of unemployment, and the persistence of high unemployment. We find that countries lie on...

This article links the consequences of the Great Recession on protest and electoral politics. It innovates by combining the literature on economic voting with social movement research and by presenting the first integrated, large-scale empirical analysis of protest mobilisation and electoral...

In this paper, we explore the deep economic crisis experienced by the Turkish economy in 2001 and 2008 as quasi-experiments to causally identify the association between economically challenging conditions in-utero and child's birth weight. First, we utilize the temporal and spatial variations of...

What to expect from the political fallout of the ongoing coronavirus pandemic? Three lessons learned from the Great Recession hit Europe in 2008.

Welche politischen Auswirkungen wird die aktuelle Cornavirus-Pandemie zeitigen? Drei Lektionen aus Europas Finanz- und Wirtschaftskrise von 2008.

La pandemia actual -COVID19- ha llevado a muchos gobiernos a tomar medidas drásticas en respuesta a la crisis de salud global. Las medidas de bloqueo como respuesta a la crisis han frenado aún más las actividades económicas a nivel mundial. En este contexto destaca la importancia del...

The customs policy is one of the most effective instruments for stimulating the economy, which, through its mechanism, contributes to the realization of the competitive environment and free market principles. The modification of existing policies will have positively impact to stimulate local...

This article entitled The dynamics of inflation in the context of the economic crisis is structured in two components namely: the introductory part of which describes the inflation phenomenon and the second component aims to analyze the evolution of the inflation rate in Romania, as a result of...

It is commonly argued that crises open up a window of opportunity to implement policies that otherwise would not have the necessary political backing. The argument goes that the political cost of deep reforms declines as crises unravel structural problems that need to be urgently rectified and...

This paper analyzes recent macroeconomic developments in the eurozone, particularly in Germany. Several economic indicators are sending signals of a looming German recession. Geopolitical tensions caused by trade disputes between the United States and China, plus the risk of a disorderly Brexit,...

In China nimmt die Zahl der mit dem neuen Coronavirus Infizierten weiter zu. Die chinesische Regierung versucht die Verbreitung der Infektion zu verhindern und hat die am stärksten betroffene Provinz Hubei vom Rest des Landes abgeriegelt. Der Beitrag liefert eine erste Abschätzung der...

The paper’s main objective is to analyze the collective bargaining response in terms of internal flexibility during the Great Recession (GR) in five EU countries (Spain, Germany, France, Italy, United Kingdom), and three economic sectors (industry, commerce and hospitality, and financial...

The success of populist rhetoric in Europe is worrisome as it presents a threat to national and European institutions, the rule of law, and other fundamental free-market democratic institutions, such as freedom of the press and the independence of the judiciary system.

Helga Klug eröffnet in diesem Open-Access-Buch neue ungewohnte Sichtweisen auf die psychische Verarbeitung der Finanzkrise 2008. Dabei rückt die Autorin unbewusste Prozesse in den Fokus, wie sie in Krisenmodellen, Abwehrmechanismen, Zukunftserwartungen, sozialen Beziehungen und Affekten, die...

This paper aims to revisit the relationship between intangible capital and labour productivity growth using the largest, up-to-date macro database (2000-2015) available to corroborate the econometric findings of earlier work and to generate novel econometric evidence by accounting for times of...

The Corona crisis has clearly become an economic challenge for Europe. The spread of the virus represents both a negative supply shock and a negative demand shock across the economy at large. Securing the liquidity of companies is of top priority. Employment and household income can be...

Various European instruments for countries particularly affected by the Corona crisis are currently under discussion. In this article several requirements will be established and the existing proposals will be measured against them. The instrument of Corona bonds is considered most effective –...

The economic effects of a pandemic crucially depend on the extend to which countries are connected in global production networks. In this paper we incorporate production barriers induced by COVID-19 shock into a Ricardian model with sectoral linkages, trade in intermediate goods and sectoral...

Corona bonds are feasible and important to preserve the European project. We set out a number of principles that might serve as a blueprint for the European institutions. Importantly, Corona bonds could be issued through a new public law entity and include all the safeguards required for the...

Die Arbeitsmarkteffekte der Corona-Krise werden nach und nach in den großen Arbeitsmarkt-aggregaten Erwerbstätigkeit und Arbeitslosigkeit sichtbar werden. Bei einem sich abzeichnenden markanten Einbruch der Wirtschaftsleistung erscheint eine gravierende Durchwirkung auf den Arbeitsmarkt trotz...

Mit ihrer sogenannten Regenschirmfunktion schützen Hausbanken Firmen in Krisen, indem sie Liquidität flexibel zur Verfügung stellen. Der Regenschirm könnte jedoch aktuell aufgrund der zu befürchtenden hohen Kreditausfälle und neuer Eigenkapitalregulierungen klemmen. Es besteht die Gefahr...