Global Financial Crisis and Mortgage Finance and Valuation Problems: An Assessment of the U.S. and Turkish Mortgage Systems

2010 ◽  
Author(s):  
Yener Coskun
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Mortgage Finance ◽  
The U.S

Did the Global Financial Crisis Break the U.S. Phillips Curve?

2016 ◽  
Vol 16 (126) ◽  
pp. 1 ◽  
Author(s):  
Stefan Laseen ◽  
Marzie Taheri Sanjani ◽  
◽  
Keyword(s):  
Financial Crisis ◽  
Phillips Curve ◽  
Global Financial Crisis ◽  
The Global Financial Crisis ◽  
The U.S

scholarly journals GLOBALIZATION EFFECTS ON CONTAGION RISKS IN FINANCIAL MARKETS

2020 ◽  
Vol 15 (1) ◽  
pp. 38-54
Author(s):  
Mariya Paskaleva ◽  
Ani Stoykova
Keyword(s):  
Financial Crisis ◽  
Capital Markets ◽  
Capital Market ◽  
Stock Markets ◽  
Global Financial Crisis ◽  
Member States ◽  
Eu Member States ◽  
Contagion Effects ◽  
The Global Financial Crisis ◽  
The U.S

Financial globalization has opened international capital markets to investors and companies worldwide. However, the global financial crisis also caused massive stock price volatility due in part to global availability of market information. We explore ten EU member states (France, Germany, the United Kingdom, Belgium, Bulgaria, Romania, Greece, Portugal, Ireland, and Spain), and the USA. The explored period is March 3, 2003 to June 30, 2016, and includes the effects of the global financial crisis of 2008. The purpose of the article is to determine whether there is a contagion effect between the Bulgarian stock market and the other examined stock markets during the crisis period and whether these markets are efficient. We apply an augmented Dickey-Fuller test, DCC-GARCH model, autoregressive (AR) models, TGARCH model, and descriptive statistics. Our results show that a contagion between the Bulgarian capital market and the eight capital markets examined did exist during the global financial crisis of 2008. We register the strongest contagion effects from the U.S. and German capital markets on the Bulgarian capital market. The Bulgarian capital market is relatively integrated with the stock markets of Germany and the United State, which serves as an explanation of why the Bulgarian capital market was exposed to financial contagion effects from the U.S. capital market and the capital markets of EU member states during the crisis. We register statistically significant AR (1) for UK, Greece, Ireland, Portugal, Romania, and Bulgaria, and we can define these global capital markets as inefficient.

Moral Accounting by Organizations: A Process Study of the U.S. Financial Crisis Inquiry Commission

2017 ◽  
Vol 26 (3) ◽  
pp. 303-325 ◽  
Author(s):  
Chad Murphy ◽  
Shubha Patvardhan ◽  
Joel Gehman
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Rhetorical Strategies ◽  
Inductive Approach ◽  
Moral Accountability ◽  
Process Study ◽  
Sentence Level ◽  
The Global Financial Crisis ◽  
The U.S ◽  
Situational Constraints

We take an inductive approach to understanding the aftermath of crises, namely, the process by which organizations come to be viewed as morally accountable (or not) for such events. We studied the transcripts of the 2009 Financial Crisis Inquiry Commission (FCIC) that investigated the global financial crisis of 2007-2008. Our findings revealed a dynamic we call moral accounting, a process whereby supposed wrongdoers encounter narrative and situational constraints that make it difficult, if not impossible, to fully account for the (im)morality of their actions, a position that often induces moments of disorientation that only reinforce the perception of wrongdoing. To push back against such perceptions, supposed wrongdoers use rhetorical strategies and sentence-level linguistic tactics, which can likewise reinforce the perception of wrongdoing. Overall, our model suggests that organizational moral accountability is not simply assigned, accepted, or denied—rather, it is negotiated via an iterative, discursive process.

FACTORS RELATED TO THE RISK OF A SUBSTANTIAL INCOME DECREASE BETWEEN 2006 AND 2008 IN SOUTH KOREA

2019 ◽  
Vol 64 (01) ◽  
pp. 157-173
Author(s):  
EUNICE JIHYUN HONG ◽  
SHERMAN D. HANNA
Keyword(s):  
Logistic Regression ◽  
Financial Crisis ◽  
South Korea ◽  
Global Financial Crisis ◽  
College Education ◽  
Substantial Decrease ◽  
The Global Financial Crisis ◽  
The U.S

Between 2006 and 2008, 9% of Korean households had an income decrease of 50% or more, a rate almost identical to the U.S. despite the much lower impact of the global financial crisis on Korea. We ran a logistic regression to determine factors related to the likelihood of a substantial income decrease between 2006 and 2008 for Korean households. The likelihood of a substantial decrease was low for households below the 75th percentile of 2006 income, probably due to differences in composition of income. Households with college education were less likely than those without college to have a substantial decrease.

Global financial crisis and spillover effects among the U.S. and BRICS stock markets

2016 ◽  
Vol 42 ◽  
pp. 257-276 ◽  
Author(s):  
Walid Mensi ◽  
Shawkat Hammoudeh ◽  
Duc Khuong Nguyen ◽  
Sang Hoon Kang
Keyword(s):  
Financial Crisis ◽  
Stock Markets ◽  
Global Financial Crisis ◽  
Spillover Effects ◽  
The U.S
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