What are the origins of elite splits? Why do regional elites break away from central and develop parties? This paper contends that intra-elite differences more likely to be politicized when an economic shock exacerbates pre-existing asymmetric preferences disadvantaged can mobilize electorate on basis identity. I employ constituency-level data Catalonia spanning late 19th early 20th century tes...

The intrinsic compliance of soft robots provides safety, a natural adaptation to its environment, allows absorb shocks, and protects them against mechanical impacts. However, literature study shows that the polymers used for their construction are susceptible various types damage, including fatigue, overloads, interfacial debonding, cuts, tears perforations by sharp objects. An economic ecologi...

The capital adequacy ratio is one of the most important indicators used to assess ability banking sector absorb shocks. Therefore, central banks have paid attention importance monitoring this on an ongoing basis, given vital role in supporting economy. In paper, we investigate and economic factors that could affect Arab sector, by using dynamic panel data model for a 35 spread across seven coun...

Socio-Economic Status, Health Shocks, Life Satisfaction and Mortality: Evidence from an Increasing Mixed Proportional Hazard Model The socio-economic gradient in health remains a controversial topic in economics and other social sciences. In this paper we develop a new duration model that allows for unobserved persistent individual-specific health shocks and provides new evidence on the roles o...

Since social-economic systems increase interdependency, a crucial question arises: Is an interconnected world a safer or a more dangerous place in which to live? Over the last few years, we have witnessed the dark side of increasing interdependencies. As such, there is a growing need to focus on how to mitigate networked risk and to enhance the system resilience to the impact of a large-scale s...

The literature regarding cultural background change points out that changes in can only be slow moving. However, under high uncertainty levels, may the short or medium term as well. In this paper, effects of on behaviors are investigated. Cultural is captured through Schwartz’s values, based waves provided by European Social Survey from 2002 up to 2018, performing relative Principal Component A...

We use non-Gaussian features in U.S. macroeconomic data to identify aggregate supply and demand shocks while imposing minimal economic assumptions. Recessions in the 1970s and 1980s were driven primarily by supply shocks, later recessions were driven primarily by demand shocks, and the Great Recession exhibited large negative shocks to both demand and supply. We estimate “macro risk factors” th...