Today, countries around the world are caught in the tide of change toward Gesellshaft, or individualistic socio-demographic condition. Recent investigations in Japan have suggested negative impacts of change on emotional and motivational aspects of the Japanese self (Norasakkunkit et al., 2012; Ogihara and Uchida, 2014). Building on previous findings, in Study 1, we measured socio-demographic c...

We build a variation of the neoclassical growth model in which nancial shocks to households or wealth shocks (in the sense of wealth destruction) generate recessions. Two standard ingredients that are necessary are (1) the existence of adjustment costs that make the expansion of the tradable goods sector di cult and (2) the existence of some frictions in the labor market that prevent enormous r...

Many countries in the European Union (EU) and the European Economic Area (EEA) are in an economic recession. It is acknowledged that a recession or economic crisis can have an effect on the population’s health, especially with respect to infectious diseases [1]. There are two main mechanisms through which an economic crisis can have an effect on infectious diseases. Firstly, if due to a decreas...

In the United States, the Great Recession has been marked by severe shocks to labor and housing markets. In this study, we combine longitudinal data from the Fragile Families and Child Wellbeing Study (FFCWS) with administrative data on local area unemployment rates and state-level mortgage delinquency rates to examine the relationship between labor and housing market distress and marital disso...

In an era of global economic recession, Higher Education Institutions (HEIs) are experiencing severe pressure from budget reduction. As a result, they have been forced to develop more competitive ways in order to tap on resources and capabilities stemming from contemporary rapid technological and organisational changes. Thus, quality management issues have drawn the interest of academics and pr...

To better understand how support for redistributive policies is shaped by macroeconomic shocks, we explore how distributional preferences changed during the recent “Great Recession.” We conducted identical modified dictator games during both the recession and the preceding economic boom. The experiments capture subjects’ selfishness (the weight on one’s own payoff) and equality-efficiency trade...

T he recession that began in March 2001 differed in many ways from other recessions of the past three decades. The twin recessions of the early 1980s occurred when the Federal Reserve Board, under Chairman Paul Volcker, acted decisively to halt the steady rise of inflation during the 1970s, despite the substantial employment and output cost to the economy. Although monetary tightening had reduc...

OBJECTIVE To investigate whether the economic recession affected the control of tuberculosis in the European Union. METHODS Multivariate regression models were used to quantify the association between gross domestic product, public health expenditure and tuberculosis case detection rates, using data from 21 European Union member states (1991-2012). The estimated changes in case detection attr...