scholarly journals Fear and Anger in Great Britain: Blame Assignment and Emotional Reactions to the Financial Crisis

2013 ◽  
Vol 36 (3) ◽  
pp. 683-703 ◽  
Author(s):  
Markus Wagner
Keyword(s):  
Great Britain ◽  
Financial Crisis ◽  
Emotional Reactions ◽  
Blame Assignment

scholarly journals Public-sector resource allocation since the financial crisis

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Robert Elliott ◽  
Daniel Kopasker ◽  
Diane Skåtun
Keyword(s):  
Resource Allocation ◽  
Great Britain ◽  
Public Sector ◽  
Financial Crisis ◽  
Private Sector ◽  
Wage Differentials ◽  
Global Financial Crisis ◽  
Central Component ◽  
Allocation Model ◽  
Content Type

PurposeDistinguishing what employers in different areas of Great Britain need to pay to attract and retain labour has been a central component of public-sector resource allocation decisions. This paper examines how changes in the pattern of spatial wage differentials following the global financial crisis have impacted on the formulae which allocate government funding to local government and health providers in the NHS.Design/methodology/approachUsing employer-reported data on earnings, we examine spatial patterns of private-sector wages in Great Britain between 2007 and 2017. The method permits the analysis of finely defined geographical areas and controls for differences in industry and workforce composition to distinguish those differences that are attributable from unmeasured characteristics, such as differences between areas in the cost of living and amenities. These standardised spatial wage differentials (SSWDs) underpin the funding allocation formulae.FindingsThe analysis shows that since 2007 private-sector wage dispersion, both within and between regions, has reduced: lower paid areas have experienced a relative increase in wages and higher paid a relative decline. Over the period, there was a significant reduction in the London wage premium.Originality/valueThis paper demonstrates the importance of ensuring established policies are applied using contemporary data. The SSWDs used to distribute government funds have not been re-estimated for some time. As a result, the current resource allocation model has overcompensated the London region and undercompensated others during this period.

Great Britain and the Financial Crisis

2017 ◽  
pp. 76-99
Author(s):  
Lionel Robbins ◽  
Murray Weidenbaum
Keyword(s):  
Great Britain ◽  
Financial Crisis

The Transatlantic Financial Crisis of 1837

2017 ◽  
Author(s):  
Stephen W. Campbell
Keyword(s):  
United States ◽  
Great Britain ◽  
Financial Crisis ◽  
Commodity Prices ◽  
The United States ◽  
British Imperialism ◽  
Proper Role ◽  
Modern Capitalism ◽  
Boom And Bust ◽  
Global Movements

The Transatlantic Financial Crisis of 1837 produced a global depression that lasted until the mid-1840s. Falling cotton prices, a collapsing land bubble, and fiscal and monetary policies pursued by individual actors and financial institutions in the United States and Great Britain were all responsible. A comprehensive understanding of the panic must take into account the global movements of gold and silver that linked Mexico, China, the United States, and Great Britain in complex networks of credit and debt. In the United States, businesses, banks, and individuals declared bankruptcy; states defaulted on their debts; commodity prices dropped; credit instruments lost their value; and unemployment rose amid a general atmosphere of pessimism and an erosion of confidence. The severity of the panic prompted politicians and financial theorists to reevaluate their ideological assumptions regarding the proper role of governmental regulation in an economy. In a larger sense, the panic demonstrated how the expansion of slavery in the United States, British imperialism, financial speculation, and recurring cycles of boom and bust were emerging as defining features of modern capitalism.

scholarly journals The Shift of a Dividend Policy and a Leverage Policy during the 2008 Financial Crisis

2016 ◽  
Vol 5 (6) ◽  
pp. 09-14
Author(s):  
Kwangsoo Lim
Keyword(s):  
Great Britain ◽  
Financial Crisis ◽  
Cash Flow ◽  
Empirical Relationship ◽  
Major Change ◽  
Order Theory ◽  
Free Cash Flow ◽  
2008 Financial Crisis ◽  
Dividend Policies ◽  
The 2008 Financial Crisis

This paper investigates how firms shifted their dividend policies and leverage policies in response to the economic shock caused by the 2008 financial crisis. The sample countries are United States, Great Britain, France, Germany, Australia, Japan, China, and Korea. The empirical relationship of firms’ dividend policies with their capital structures and earnings was likely to undergo a major change around the 2008 financial crisis, as firms adjusted their capital structures and dividend policies in response to the extreme credit crunch caused by the financial crisis. The extent and the speed that firms deleverage themselves and reduce their dividends were likely to be influenced by countries’ cultural and social norms. This paper finds a significant reduction in dividends across sample countries except Great Britain and France after the 2008 crisis. This finding supports the free cash flow theory that dividends are paid to dissipate free cash flow to address agency conflicts between managers and shareholders. This paper finds a higher correlation between dividends and leverages before the 2008 crisis, and that it strengthened after the crisis except Great Britain and Korea. This finding is consistent more with the pecking order theory than with the trade-off theory of leverage.

Regional variations in deaths from volatile solvent abuse in Great Britain

Addiction ◽  
1997 ◽  
Vol 92 (12) ◽  
pp. 1765-1772
Author(s):  
A. Esmail ◽  
B. Warburton ◽  
J. M. Bland ◽  
H. R. Anderson ◽  
J. Ramsey
Keyword(s):  
Great Britain ◽  
Regional Variations ◽  
Solvent Abuse

Behavioral Factors Impact Impairment and Disability Evaluation

2011 ◽  
Vol 16 (5) ◽  
pp. 5-7
Author(s):  
Lee Ensalada
Keyword(s):  
Social History ◽  
Standardized Test ◽  
Somatoform Disorders ◽  
Disability Evaluation ◽  
Body Part ◽  
Emotional Reactions ◽  
Illness Behavior ◽  
Validity Testing ◽  
Symptom Validity Testing ◽  
Disease Pattern

Abstract Illness behavior refers to the ways in which symptoms are perceived, understood, acted upon, and communicated and include facial grimacing, holding or supporting the affected body part, limping, using a cane, and stooping while walking. Illness behavior can be unconscious or conscious: In the former, the person is unaware of the mental processes and content that are significant in determining behavior; conscious illness behavior may be voluntary and conscious (the two are not necessarily associated). The first broad category of inappropriate illness behavior is defensiveness, which is characterized by denial or minimization of symptoms. The second category includes somatoform disorders, factitious disorders, and malingering and is characterized by exaggerating, fabricating, or denying symptoms; minimizing capabilities or positive traits; or misattributing actual deficits to a false cause. Evaluators can detect the presence of inappropriate illness behaviors based on evidence of consistency in the history or examination; the likelihood that the reported symptoms make medical sense and fit a reasonable disease pattern; understanding of the patient's current situation, personal and social history, and emotional predispositions; emotional reactions to symptoms; evaluation of nonphysiological findings; results obtained using standardized test instruments; and tests of dissimulation, such as symptom validity testing. Unsupported and insupportable conclusions regarding inappropriate illness behavior represent substandard practice in view of the importance of these conclusions for the assessment of impairment or disability.

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