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Record Nr. |
UNINA9910956121003321 |
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Autore |
Rochon Celine |
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Titolo |
Can Good Events Lead to Bad Outcomes? Endogenous Banking Crises and Fiscal Policy Responses / / Celine Rochon, Andrew Feltenstein |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2006 |
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ISBN |
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9786613827807 |
9781462398225 |
1462398227 |
9781452727936 |
1452727937 |
9781283515351 |
1283515350 |
9781451909760 |
1451909764 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (27 p.) |
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Collana |
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Altri autori (Persone) |
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Soggetti |
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Bank failures |
Fiscal policy |
Banking |
Banks and Banking |
Banks and banking |
Banks |
Budget planning and preparation |
Budget Systems |
Budget |
Budgeting & financial management |
Budgeting |
Debt Management |
Debt |
Debts, Public |
Depository Institutions |
Distressed institutions |
Exports and Imports |
Finance |
Financial Institutions and Services: General |
Financial services industry |
Foreign direct investment |
Government debt management |
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Industries: Financial Services |
International Investment |
Investments, Foreign |
Long-term Capital Movements |
Micro Finance Institutions |
Mortgages |
National Budget |
Public finance & taxation |
Public Finance |
Sovereign Debt |
China, People's Republic of |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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""Contents""; ""I. INTRODUCTION""; ""II. THE MODEL""; ""III. CALIBRATION AND SIMULATIONS""; ""IV. POLICY""; ""V. CONCLUSION""; ""REFERENCES"" |
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Sommario/riassunto |
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In this paper, we study the impact of labor market restructuring and foreign direct investment on the banking sector, using a dynamic general equilibrium model with a financial sector. Numerical simulations are performed using stylized Chinese data, and banks failures are generated through increases in the growth rate of the labor force, a revaluation of the exchange rate or an increase in debt issue to finance the government deficit, as compared to a benchmark scenario in which banks remain solvent. Thus bank failures can result from what might seem to be either beneficial economic trends, or correct monetary and fiscal policies. We introduce fiscal policies that modify relative factor prices by lowering the capital tax rate and increasing the tax rate on labor. Such policies can prevent banking failures by raising the return to capital. It is shown that such fiscal policies are, in the short run, welfare reducing. |
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2. |
Record Nr. |
UNINA9911028739603321 |
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Autore |
Moretti Veronica |
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Titolo |
The Social Genres of Comics : Impact and Innovation of Comics in Social Sciences / / Veronica Moretti, Francesco Della Puppa, editors |
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Pubbl/distr/stampa |
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Cham, Switzerland : , : Palgrave Macmillan, , [2025] |
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ISBN |
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3-031-99185-0 |
9783031991851 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (272 pages) |
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Collana |
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Sociology of the Arts Series |
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Altri autori (Persone) |
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Disciplina |
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Soggetti |
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Comic books, strips, etc - Social aspects |
Graphic novels - Social aspects |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Sommario/riassunto |
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This book analyzes social research and genres of comics from cross-cultural perspectives.It disentangles the impact of comics in understanding social, cultural and political issues and considers the challenges they may raise from an ethical point of view. |
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