Deposit insurance was introduced in the United States during the Great Depression primarily to promote financial stability. Stability is enhanced because deposit insurance reduces the likelihood of a bank run. During its first four decades, deposit insurance appeared to work well as few banks failed. But in the 1980s, a wave of financial troubles in the banking and thrift industry exposed an un...

today, real business cycles theory, subject reports, articles, letters thesis has many worldwide. it seems since the main point in the theory of business cycles is a true technology shocks, this theory can be considered a theory of economic boom. in other words this theory in describing the capabilities to create greater prosperity to recession and the anatomy of the business cycles is an asymm...

This paper considers Ireland’s banking crisis from the perspective of behavioural economics. It assesses whether known biases in judgement and decision-making were instrumental in the development and severity of the crisis. It investigates evidence that key decision-makers, including consumers, businesspeople, bankers and regulators, as well as parties such as civil servants, politicians, acade...

This article presents the results of a survey of Bulgarian industrial organizations with respect to their clashes with the world financial and economic crisis’s effects on local economy. The crisis manifestations under business environment specificity factors and important cultural aspects of dominating managerial behavior in these companies are described and analyzed. The concrete research enc...

The literature on costs of financial instability tends to focus on fiscal costs and the impact on GDP of banking crises. In this paper we analyse the effect of a banking or currency crisis on consumption. We show that consumption plays an important role in the macroeconomic adjustment following a financial crisis. Furthermore, the effect of a crisis is aggravated by high leverage, notably as sh...

This paper examines the impact of political uncertainty on financial crises using a panel of twenty-two emerging markets. By examining political election cycles, we find that eight out of nine of the financial crises happened during the periods of political election and transition. Using a combination of probit and switching regression analysis, we find that there is a significant relationship ...

The Asian financial crisis quickly led to marked contractions in gross domestic product (GDP) and employment in the affected economies. GDP shrinkages in 1998 ranged from nearly 14 percent in Indonesia to 0.5 percent in the Philippines. In turn, these have resulted in adverse social consequences. Although there are signs that the worst of the financial crisis is over and the crisis economies ar...

introduction: determination of type and location of trapped objects and endoscopic observations among children with foreign-body ingestion. materials and methods: we evaluated 105 endoscopic records of patients presenting with foreign-body ingestion from 2001–2011. results: button batteries were the most common objects removed (41%). the lower segment of the esophagus was the most common trappi...

background: although the need for theory-based designs, evidencesexploringexercisingeffects during pregnancy is limited by non-theoretical and cross-sectional assessments. this study aimed to prospect­ively examine women’s exercise behavior from their second to third pregnancy trimester using the health belief model (hbm).   material and methods: this was a randomized controlled trial in which ...