The post-GFC period was characterised by economic stagnation in advanced capitalist economies, with a lack of aggregate demand being adduced as a key reason (Bonizzi and Powell2020; Palley2009,2015; Stockhammer2015). A classical Keynesian counter-cyclical measure to tackle this problem would be to...
The years between 1848 and 1918 are considered the relevant building period for the Gründerzeit-Zinshaus buildings in Vienna. In this period Viennese housing construction underwent a decisive development which shaped the city’s characteristic flair to this day: the Zinshaus buildings – so typical...
lifelong learningpolitical economyvocational educationyouth employmentThis article shows how the Scottish Government's (SG) political management of the Global Financial Crisis (GFC) has reinforced the economic goals of lifelong learning (LLL) under the skills for work agenda. Youth unemployment has been...
bank deposits have already swelled—by nearly us$2 trillion—since the onset of covid-19. 54 this is truly an unprecedented flow of funds into the banking system in such a short period. liquidity will likely remain a premium as banks wade through the pandemic-induced economic stress. as ...
However, unlike the other major currencies, the Australian dollar and the NZ dollar had lower interest rates than the US dollar on forward contract in the post GFC period. The purpose of this paper is to explore why this happened through estimating the covered interest parity (CIP) condition....
Post-GFC, real house prices declined in the United States and United Kingdom before subsequently Evolution of optimal housing debt Amortising payments ensure that the mortgage is paid off by the end of period t. During period t, the household’s mortgage debt evolves according to Dn−1=1...
How else can you explain why the Committee upped the size of its first rate cut and significantly increased the amount of projected easing throughout 2025, and yet delivered the exact same GDP growth forecast throughout the entire projection period and a...
This absence follows a period of consistent playing time and goal-scoring for Ronaldo. The official reason cited is a planned rest to manage his workload and preserve his energy for upcoming crucial matches. ByFrancisco Quatrin News / today Lionel Messi out of game against Sporting KC? Boss ...
Every level has a height of 2.7 m. Open plan living and dining, flowing on to the courtyard ideal for entertaining NBN hardwired to living & master bedrooms Acoustically treated floorboards for noise reduction Designer kitchens featuring engineered stone bench-tops, stainless-steel appliances and mo...
Investigating Random Walk Hypothesis in Indian Stock Market during Post-GFC Period1.IntroductionAccording to Samuelson (1965) and Fama (1965), EMH supposes that share price adjust rapidly to appearance of new information, and thus, current stock prices fully reflect all available information. Hence ...