The significance of uncertainty in policies related to economic decisions is higher than ever
before in today's interconnected world. This study contributes to existing research by …

The events that occurred after the worldwide diffusion of COVID‐19 provide a real‐life
example of how uncertainty can severely affect the global economy. This paper reviews …

How did a health crisis translate to an economic crisis? Why did the spread of the
coronavirus bring the global economy to its knees? The answer lies in two methods by …

Throughout history, rich and poor countries alike have been lending, borrowing, crashing,
and recovering their way through an extraordinary range of financial crises. Each time, the …

During the recent financial crisis, corporate borrowing and capital expenditures fall sharply.
Most existing research links the two phenomena by arguing that a shock to bank lending (or …

The world has been waging a fight against the novel coronavirus (COVID-19) since
December 2019. The current coronavirus crisis is a catastrophe affecting billions of families …

Some booms in housing prices are followed by busts. Others are not. It is generally difficult
to find observable fundamentals that are useful for predicting whether a boom will turn into a …

We examine the association between board gender diversity and corporate dividend payout.
Our results suggest that although board gender diversity impacts positively on dividend …

We document significant reductions in corporate payouts-both dividends and (to a larger
extent) share repurchases-during the 2008–2009 financial crisis. Payout reductions are …

Rising inequality reduced income growth for the bottom 95% of the US personal income
distribution beginning about 1980. To maintain stable debt to income, this group's …