We find that volatility connectedness varies over the business cycle, with a surge during the global financial crisis. We also show that the United States and Italy were major net transmitters of housing market volatility shocks to other countries during the global financial and the European debt crises.doi:10....
"By putting it all together – arrests, seizures, agreements with other countries, returning people who shouldn't be here, and return hubs, if we can through these talks to add to our armoury, will allow us to bear down on this vile trade and to make sure that w...
In the wake of the 1999 Asian financial crisis, government representatives from the 20 largest economies in the world decided to informally gather to coordinate policy on trade. Thus began the G20. Together the bloc accounts for more than 85% of the world economy and has been credited with...
(2024). Housing hardship and maternal mental health among renter households with young children. Psychiatry Research, 331, 115677. https://doi.org/10.1016/j.psychres.2023.115677 (Open in a new window)PubMed (Open in a new window)Web of Science ®(Open in a new window)Google Scholar ...
House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price grow...
Those with land tenure, however, more effectively utilize reconstruction assistance to build resilient housing following floods and earthquakes in the country. Article content Climate action needs investment and empowerment Article content Despite a disaster management authority at the f...
Japan has adapted to this with its unique housing culture, where new homes are only meant to last 30 years. These buildings are typically cheaper to build, making rebuilding easier and cheaper in the aftermath of a natural disaster.13
With inflation increasing at a near triple-digit rate this year, the country of 47 million is experiencing a financial crisis similar to that of 1991, which marked the end of a period of hyperinflation. The country, a major international exporter of grains, is battling a major drought that...
Continued growth built the nation’s tourism, housing and construction industries up into bubbles that eventually burst during the global financial crisis, throwing Spain into a severe economic recession in 2009. However, a resilient export market, as well as a European Union-funded restructuring effo...
Countries with floating exchange rates can buy up foreign currencies or financial instruments to reduce the value of their domestic currency Forex reserves can help maintain liquidity during an economic crisis Reserves can provide confidence to foreign investors, showing that the central bank has the ab...