Demand for US Treasuries After the 2008-09 Financial Crisis: Empirical Evidence and Potential Policy Implications

2019 ◽  
Author(s):  
Petar Dobrev
Keyword(s):  
Financial Crisis ◽  
Empirical Evidence ◽  
Policy Implications

Getting it Right: Empirical Evidence and Policy Implications from Research on Public-Sector Unionism and Collective Bargaining

2011 ◽  
Author(s):  
David Lewin ◽  
Thomas A. Kochan ◽  
Joel Cutcher-Gershenfeld ◽  
Teresa Ghilarducci ◽  
Harry C. C. Katz ◽  
...  
Keyword(s):  
Public Sector ◽  
Collective Bargaining ◽  
Empirical Evidence ◽  
Policy Implications ◽  
Public Sector Unionism

Consistency as a Means to Comparability: Theory and Evidence

2021 ◽  
Author(s):  
Vivian W. Fang ◽  
Michael Iselin ◽  
Gaoqing Zhang
Keyword(s):  
Empirical Evidence ◽  
Policy Implications ◽  
Financial Statement ◽  
Model Consistency ◽  
High Volatility ◽  
Information Spillover

This paper studies financial statement consistency — the purported means to comparability — from an information perspective. We model consistency as firms’ required propensity to apply common accounting methods to individual transactions and show that consistency creates information spillover through correlated measurements (“spillover channel”) while potentially reducing the informativeness of one’s own report (“standalone channel”). The model generates two central predictions. First, optimal consistency decreases with a transaction’s fundamental correlation as high correlation diminishes information gains via the spillover channel. Second, optimal consistency decreases with a transaction’s fundamental volatility as high volatility exacerbates information losses via the standalone channel. Empirical evidence supports both predictions. Overall, this paper contributes a framework for studying comparability and draws useful policy implications. This paper was accepted by Brian Bushee, accounting.

The challenges of inclusive growth for the developmental welfare state

2017 ◽  
Author(s):  
Huck-ju Kwon
Keyword(s):  
Social Policy ◽  
Financial Crisis ◽  
Economic Model ◽  
Global Financial Crisis ◽  
Policy Implications ◽  
What Works ◽  
Nation States ◽  
The Social ◽  
The One ◽  
The Global Financial Crisis

One of the biggest challenges for developing a new more productivist social policy approach has been the apparent absence of a new, post-neoliberal, economic model even after the global financial crisis. This chapter explores the social policy implications of the official ‘pragmatism’ of the new economic model with its ‘institutionalist’ emphases on nation states finding what works best in their own contexts rather than looking to the one size fits all approach of recent decades.

scholarly journals REITs and the financial crisis: Empirical evidence from the U.S.

2009 ◽  
Vol 4 (11) ◽  
Author(s):  
Tobias Basse ◽  
Meik Friedrich ◽  
Eduardo Vazquez Bea
Keyword(s):  
Financial Crisis ◽  
Empirical Evidence ◽  
The U.S

scholarly journals Empirical evidence of a long-run relationship between agriculture and manufacturing industry output in Nigeria

2019 ◽  
Author(s):  
Eze Osuagwu
Keyword(s):  
Error Correction ◽  
Empirical Evidence ◽  
Manufacturing Industry ◽  
Policy Implications ◽  
Necessary Condition ◽  
Macroeconomic Factors ◽  
Vector Error Correction ◽  
Vector Error ◽  
Long Run ◽  
Industry Output

<p>This study investigates a relationship between agriculture and manufacturing industry output in Nigeria from 1982-2015, using the Granger causality, co-integration and error correction techniques. Empirical evidence reveals a bidirectional relationship between the sectors. Although, a positive and significant relationship exists in the short and long-run estimates, a long-run divergence from the vector error correction model suggest that changes in agricultural productivity are not restored to equilibrium, given that macroeconomic factors distort the linkage. Policy implications indicate that macroeconomic stability is a necessary condition for agricultural and manufacturing sectors to foster economic growth.</p>

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