scholarly journals Market Sentiment, Financial Fragility, and Economic Activity: The Role of Corporate Securities Issuance

2021 ◽  
Author(s):  
Daniel Dieckelmann
Keyword(s):  
Economic Activity ◽  
Financial Fragility ◽  
Market Sentiment ◽  
Corporate Securities

scholarly journals Credit-Market Sentiment and the Business Cycle*

2017 ◽  
Vol 132 (3) ◽  
pp. 1373-1426 ◽  
Author(s):  
David López-Salido ◽  
Jeremy C. Stein ◽  
Egon Zakrajšek
Keyword(s):  
Economic Activity ◽  
Financial Frictions ◽  
Investor Sentiment ◽  
Credit Market ◽  
Market Conditions ◽  
Market Sentiment ◽  
External Finance ◽  
Credit Supply ◽  
The Business Cycle

Abstract Using U.S. data from 1929 to 2015, we show that elevated credit-market sentiment in year t − 2 is associated with a decline in economic activity in years t and t + 1. Underlying this result is the existence of predictable mean reversion in credit-market conditions. When credit risk is aggressively priced, spreads subsequently widen. The timing of this widening is, in turn, closely tied to the onset of a contraction in economic activity. Exploring the mechanism, we find that buoyant credit-market sentiment in year t − 2 also forecasts a change in the composition of external finance: net debt issuance falls in year t, while net equity issuance increases, consistent with the reversal in credit-market conditions leading to an inward shift in credit supply. Unlike much of the current literature on the role of financial frictions in macroeconomics, this article suggests that investor sentiment in credit markets can be an important driver of economic fluctuations.

World Economic Crisis as a Process of Substitution of Technological Modes

2009 ◽  
pp. 26-38 ◽  
Author(s):  
S. Glaziev
Keyword(s):  
Economic Crisis ◽  
Economic Activity ◽  
Sharp Increase ◽  
Energy Resources ◽  
Long Wave ◽  
The World ◽  
World Economic ◽  
Technological Mode ◽  
World Economic Crisis

The article analyzes fundamental reasons for the world economic crisis in the light of global technological shifts. It proves that it is caused by the substitution of technological modes. It is shown that sharp increase and slump in stock indices and prices for energy resources are typical of the process of technological substitution which occurs regularly according to the rhythm of long-wave fluctuations of the world economic activity. The article rationalizes a package of anti-crisis measures aimed at stimulating the new technological mode. Its structure and role of the locomotive factor of the new long wave of economic growth are revealed.

The role of equity markets in financing economic activity

2006 ◽  
Vol 82 (1) ◽  
pp. 61-76
Author(s):  
Patrick Artus ◽  
Jean-François Théodore
Keyword(s):  
Economic Activity ◽  
Equity Markets

Capital and Capitalism

2018 ◽  
Author(s):  
Sumit K. Majumdar
Keyword(s):  
Industrial Policy ◽  
Economic Activity ◽  
The State ◽  
Industrial Society ◽  
Institution Building ◽  
Modern Industrial Society ◽  
Role Of The State ◽  
Laws And Regulations

The chapter summarizes the nature of capital and capitalism. The chapter also highlights concepts related to the role of the State in economic activity, and the nature of industrial policy. The initial concepts dealt with are that of capital as a fund, capital as structure and capital as capabilities. Capitalism necessitates socially organizing production. Assessing organizational and administrative contingencies is important for understanding capitalism. Institutions are the bedrock of capitalism. The broad roles of Government, in designing laws and regulations, building infrastructure and acting as entrepreneur, are discussed. The implementation of national industrial strategies facilitates growth. The nature of industrial strategies is highlighted. Industrial policy activities, as defined by the three facets of institutions, innovation and involvement, are discussed. With respect to India’s industrial strategy, independent India’s founders’ visions of a modern industrial society, grounded in a need to involve Government in institution building, are introduced.

The positive development role of informal economic activity: The case of informal printing firms in Ghana

2021 ◽  
Author(s):  
William Phanuel Kofi Darbi ◽  
Paul Knott
Keyword(s):  
Economic Activity ◽  
Positive Development

scholarly journals Predicting Housing Market Sentiment: The Role of Financial, Macroeconomic and Real Estate Uncertainties

2020 ◽  
pp. 1-23
Author(s):  
Hardik A. Marfatia ◽  
Christophe André ◽  
Rangan Gupta
Keyword(s):  
Real Estate ◽  
Housing Market ◽  
Market Sentiment

Consumption and its Externalities: Where Economy Meets Ecology

2001 ◽  
Vol 1 (3) ◽  
pp. 11-30 ◽  
Author(s):  
Thomas Princen
Keyword(s):  
At Risk ◽  
Environmental Policy ◽  
Economic Activity ◽  
Policy Making ◽  
Black Box ◽  
Social Scientists ◽  
Consumer Sovereignty ◽  
Marginal Improvement

If social scientists are going to make a contribution to environmental policy-making that is commensurate with the severity of biophysical trends, they must develop analytic tools that go beyond marginal improvement and a production focus where key actors escape responsibility via distanced commerce and the black box of consumer sovereignty. One means is to construct an ecologically informed “consumption angle” on economic activity. The first approach is to retain the prevailing supply-demand dichotomy and address the externalities of consumption and the role of power in consuming. The second approach is to construe all economic activity as “consuming,” as “using up.” This approach construes material provisioning in the context of hunter/gathering, cultivation, and manufacture and then develops three interpretive layers of excess consumption: background consumption, overconsumption, and misconsumption. An example from timbering illustrates how, by going up and down the decision chain, the consumption angle generates questions about what is consumed and what is put at risk. Explicit assignment of responsibility for excess throughput becomes more likely.

scholarly journals Polyethnic Societies: The Religious – Cultural Component of Economic Activity

2019 ◽  
Vol 17 (3) ◽  
pp. 154-164
Author(s):  
Galina S. Solodova
Keyword(s):  
Economic Activity ◽  
Neoclassical Economic ◽  
Economic Motivation ◽  
Religious Factors ◽  
Cultural Component

The prolonged domination of the neoclassical economic school led to the emphasis on the role of formal, quantitative factors and laws. There was a certain narrowing and abstraction of a set of analyzed indicators, exclusion of cultural, social, religious factors as having no causal potential. However, the socio-economic motivation of a person is extremely complex and ambiguous. A full-fledged analysis of economic processes cannot be done without taking into account non-economic elements – religion and culture.

scholarly journals Role of Housing Life-Support Technologies in the Development of Post-Urban Lifestyles

Upravlenie ◽  
2016 ◽  
Vol 4 (1) ◽  
pp. 69-73
Author(s):  
Дончевский ◽  
G. Donchevskiy ◽  
Ермишина ◽  
A. Ermishina ◽  
Клименко ◽  
...  
Keyword(s):  
Economic Activity ◽  
Empirical Investigation ◽  
Life Support ◽  
Russian Society ◽  
Important Place ◽  
Concept Study ◽  
Empirical Verification ◽  
Activity Models ◽  
Urban State

The paper is devoted to a concept study and empirical verification of the hypothesis about existence and development of new post-urban lifestyles in Russian society, which are formed on the basis of industrial and urban state of life, but trying to overcome the urbanism limitations. The authors differentiate posturban representatives as down-shifters and up-shifters. Materials of conducted empirical investigation have demonstrated that innovative technological solutions and modern autonomous eco-friendly housing lifesupport technologies take an important place in post-urban representatives’ socio-economic activity models.

scholarly journals The Role of Investment in Road Development in Egypt: دور الاستثمار في تنمية الطرق البرية في مصر

2019 ◽  
Vol 3 (11) ◽  
Author(s):  
Yasmine Mahmoud Elgazzar
Keyword(s):  
Economic Development ◽  
Private Sector ◽  
Urban Communities ◽  
Economic Activity ◽  
Private Investment ◽  
External Funding ◽  
Transportation Sector ◽  
Road Development ◽  
Analytical Approaches

    The paper illustrates the role of investment in the roads transportation sector development in Egypt. As the investments is considered an important source of external funding especially for countries that are characterized by low level of savings and investments like Egypt. As the country is seeking to attract many investments in order to work on the expansion and the construction of new urban communities and industrial centers. Egypt also is trying work on extending the roads networks between the different regions. The thing that made it a necessity for Egypt to attract the private investment sector as source to finance these investments in the transportation sector. To achieve the objective of the paper, both inductive and descriptive analytical approaches will be combined. The study concluded that there should be integration between economic activity plans and expansion plans in transport activities depending on the size of investment and also encourage the private sector to provide many investments to help the growth of industries, intensify investment and participate in the wheel of economic development.   ، ، ، ، ، ،

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