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Crisis and Commitment: Inflation Credibility and the Vulnerability to Sovereign Debt Crises
Crisis and Commitment Inflation Credibility the Vulnerability Sovereign Debt Crises
2014/3/12
We propose a continuous time model of nominal debt and investigate the role of inflation credibility in the potential for self-fulfilling debt crises. Inflation is costly, but reduces the real value o...
Is the Euro Crisis Over?
Competitive market for multiple firms and economic crisis
Economic crisis Bose-Einstein condensation Needham question Technology
2010/10/22
The origin of economic crises is a key problem for economics. We present a model of long-run competitive markets to show that the multiplicity of behaviors in an economic system, over a long time scal...
Company crisis as opportunity
company crisis early warning system crisis scenarios corporate climate
2014/3/20
For many company managers, company crises are associated with the time when the very existence of the company is discussed. In literature, however, crisis is sometimes viewed as a potential opportunit...