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Economic Shocks and Varieties of Government Responses

Torben Iversen

in Beyond Varieties of Capitalism: Conflict, Contradictions, and Complementarities in the European Economy

Published in print:
2007
Published Online:
September 2008
ISBN:
9780199206483
eISBN:
9780191709715
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199206483.003.0010
Subject:
Business and Management, Political Economy

This chapter explores whether governments in different varieties of capitalism respond differently to common economic shocks. It is often assumed that such shocks have a homogenizing effect on ... More


The Implications of Change

Erik Jones

in Economic Adjustment and Political Transformation in Small States

Published in print:
2008
Published Online:
September 2008
ISBN:
9780199208333
eISBN:
9780191708985
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199208333.003.0004
Subject:
Political Science, Comparative Politics, Political Economy

This chapter examines how the breakdown of consociational democracy (depillarization) complicated the process of consensus building, and so made it more difficult for Belgium and the Netherlands to ... More


How Economic Shocks Change Income Distribution

Rebecca M. Blank

in Changing Inequality

Published in print:
2011
Published Online:
March 2012
ISBN:
9780520266926
eISBN:
9780520938960
Item type:
chapter
Publisher:
University of California Press
DOI:
10.1525/california/9780520266926.003.0006
Subject:
Sociology, Race and Ethnicity

This chapter evaluates the evidence from past history, largely but not entirely within the United States, to indicate how major economic shocks appear to affect income distribution over time. It ... More


Monetary Shocks and Their Implications for the Allocator

Nick Gogerty

in The Nature of Value: How to Invest in the Adaptive Economy

Published in print:
2014
Published Online:
November 2015
ISBN:
9780231162449
eISBN:
9780231535212
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231162449.003.0014
Subject:
Economics and Finance, Financial Economics

This chapter looks at how the nature of value approach may help us understand economy-wide events, such as inflation, deflation, and other major economic shocks. Being able to identify and even ... More


Introduction

Harold Wolman, Howard Wial, Travis St. Clair, and Edward Hill

in Coping with Adversity: Regional Economic Resilience and Public Policy

Published in print:
2017
Published Online:
September 2018
ISBN:
9780801451690
eISBN:
9781501709494
Item type:
chapter
Publisher:
Cornell University Press
DOI:
10.7591/cornell/9780801451690.003.0001
Subject:
Sociology, Urban and Rural Studies

The introduction introduces the main concepts – economic adversity, economic shock, chronic economic distress, and economic resilience and examines previous efforts to define these. It then presents ... More


Changing Inequality in the United States Today

Rebecca M. Blank

in Changing Inequality

Published in print:
2011
Published Online:
March 2012
ISBN:
9780520266926
eISBN:
9780520938960
Item type:
chapter
Publisher:
University of California Press
DOI:
10.1525/california/9780520266926.003.0008
Subject:
Sociology, Race and Ethnicity

This chapter focuses explicitly on the current economic environment in the United States. It discusses possible ways in which the major economic shock caused by the recently experienced global ... More


Coping with Adversity: Regional Economic Resilience and Public Policy

Harold Wolman, Howard Wial, Travis St. Clair, and Edward Hill

Published in print:
2017
Published Online:
September 2018
ISBN:
9780801451690
eISBN:
9781501709494
Item type:
book
Publisher:
Cornell University Press
DOI:
10.7591/cornell/9780801451690.001.0001
Subject:
Sociology, Urban and Rural Studies

The book analyses two different forms of economic adversity faced by urban regions – external shocks and chronic economic distress. It then examines whether and why some regions are resilient to ... More


The Global Financial Crisis

Edward Fieldhouse, Jane Green, Geoffrey Evans, Jonathan Mellon, Christopher Prosser, Hermann Schmitt, and Cees van der Eijk

in Electoral Shocks: The Volatile Voter in a Turbulent World

Published in print:
2019
Published Online:
January 2020
ISBN:
9780198800583
eISBN:
9780191840074
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198800583.003.0006
Subject:
Political Science, UK Politics

The Global Financial Crisis, which began in 2007–8, was the most significant financial crisis since the Great Depression of the 1930s, and acted as a large shock to British politics. The economic ... More


Expectations, Asset Prices, and Monetary Policy: The Role of Learning

Simon Gilchrist and Masashi Saito

in Asset Prices and Monetary Policy

Published in print:
2008
Published Online:
February 2013
ISBN:
9780226092119
eISBN:
9780226092126
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226092126.003.0003
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter considers the design of monetary policy rule in an environment where both the private sector and the monetary authority learn about the trend growth rate of technology. In the presence ... More


Utility-Consistent Poverty in Madagascar, 2001–10: Snapshots in the Presence of Multiple Economy-Wide Shocks

David Stifel, Tiaray Razafimanantena, and Faly Rakotomanana

in Growth and Poverty in Sub-Saharan Africa

Published in print:
2016
Published Online:
May 2016
ISBN:
9780198744795
eISBN:
9780191805950
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198744795.003.0016
Subject:
Economics and Finance, Development, Growth, and Environmental

Arndt and Simler’s utility-consistent approach to calculating poverty lines is used to analyse poverty in Madagascar in 2001, 2005, and 2010. Because two major political crises occurred between the ... More


Trends in Pension Cash-Out at Job Change and the Effects on Long-Term Outcomes

Philip Armour, Michael D. Hurd, Susann Rohwedder, and James M. Poterba

in Insights in the Economics of Aging

Published in print:
2017
Published Online:
September 2017
ISBN:
9780226426679
eISBN:
9780226426709
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226426709.003.0002
Subject:
Economics and Finance, Public and Welfare

Might the financial security of working Americans during retirement be jeopardized by their ability to cash out their pension plans when they leave a job? Federal tax rules discourage such actions, ... More


Are Clusters More Resilient in Crises? Evidence from French Exporters in 2008–2009

Philippe Martin, Thierry Mayer, and Florian Mayneris

in The Factory-Free Economy: Outsourcing, Servitization, and the Future of Industry

Published in print:
2017
Published Online:
April 2017
ISBN:
9780198779162
eISBN:
9780191824333
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198779162.003.0012
Subject:
Economics and Finance, Macro- and Monetary Economics

The last chapter by Martin, Mayer, and Mayneris explores why some firms weathered the 2008–2009 crisis better. They focus on the role of cluster policies in allowing some exporters to better survive ... More


The Nature of Value Allocation

Nick Gogerty

in The Nature of Value: How to Invest in the Adaptive Economy

Published in print:
2014
Published Online:
November 2015
ISBN:
9780231162449
eISBN:
9780231535212
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231162449.003.0015
Subject:
Economics and Finance, Financial Economics

The nature of value approach to investing informs the allocator's understanding of economic value flows, from the smallest unit of information (the ino) to seeing the entire interconnected economic ... More


Europe and the Euro

Alberto Alesina and Francesco Giavazzi (eds)

Published in print:
2010
Published Online:
February 2013
ISBN:
9780226012834
eISBN:
9780226012858
Item type:
book
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226012858.001.0001
Subject:
Economics and Finance, International

It is rare for countries to give up their currencies and thus their ability to influence such critical aspects of their economies as interest and exchange rates. Yet ten years ago a number of ... More


Expansion of Labour Laws in Bulgaria

Shelley Marshall

in Living Wage: Regulatory Solutions to Informal and Precarious Work in Global Supply Chains

Published in print:
2019
Published Online:
March 2019
ISBN:
9780198830351
eISBN:
9780191868610
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198830351.003.0006
Subject:
Law, Employment Law

By 2006, seven years after the transition to capitalism began, informal work in Bulgaria constituted somewhere between 20 per cent and 35 per cent of overall work. It was an entrenched feature of the ... More


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