US and EU trade relations exhibit a set of chronic secularly unsustainable imbalances, in which new Schumpeterian leading sectors catch-up growth create growing tension the asymmetrical somewhat hierarchical US–EU relationship. These imbalances two distinct cycles interrupted by clear structural break 1970s an emerging cycle after 2008–2010 crises. Each has seen rising current account or defici...

The financial crisis of late 2008 shifted household expenditure downward, as financial institutions tightened lending standards and required repayment of outstanding consumer loans. The crisis also raised financial frictions by depleting the equity capital of financial institutions. The result was a severe reduction in business and residential investment expenditure. The zero bound on the inter...

India is much more integrated with the world economy. Both current and capital accounts are complementing to each other. The economic slowdown that appears to have begun in the USA in September, 2008 has some negative impact on Indian economy. The most immediate and adverse effect of this global financial crisis on India is an out flow of Foreign Institutional Investment (FII) from the capital ...

We use the state space model to describe financial cycles of China and G7 countries since 1990, DY spillover index quantify effects China's on countries. find that plays role a net recipient most time. cycle fluctuates widely is vulnerable economic events such as crisis. This implies international capital flows have brought volatility shocks Chinese market, Asian crisis 2008 In addition, during...

This study holds for the formation of international financial crisis and political factors for economic crisis in Turkey, are evaluated in chronological order. The international arena and relevant studies conducted in Turkey work in the literature are assessed. The main purpose of the study is to hold the linkage between the crises and political stability in Turkey in details, and to examine th...

the purpose of this paper is a study on the effect of cash flows on the gap between actual and optimal financial leverage ratio companies listed in tehran stock exchange. in this regard, we try to help with advanced econometric techniques such as partial adjustment model on panel data and generalized method of moments to achieve a reasonable estimate of the impacts.in this paper, were analyzed ...