855 resultados para Subprime mortgage crisis


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Fundação de Amparo à Pesquisa do Estado de São Paulo (FAPESP)

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The 1980s' debt crisis is a landmark in developing economies' growth and stabilization. According to the most quoted empirical articles, external shocks and vicissitudes gave rise to crisis just because of delays in stabilization policies, engendered by internal conflicts and institutional immaturity. I review some of these papers, and find out some problems - in the measurement of shocks and foreign indebtedness, namely - whose corrections lead to opposite results: external shocks and foreign indebtedness explain that crisis regardless of domestic policies. At the same time, the strong correlation of income distribution to terms of trade changes and foreign indebtedness suggest that inequality may have contributed differently to that crisis: either through an economic channel, or through a political channel based on delays in reforms.

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Este artigo versa sobre a importância da pequena cafeicultura no complexo cafeeiro entre 1890 e 1914. Discutimos aqui as relações de trabalho, as formas de financiamento e o modo como a pequena propriedade se insere neste universo. Utilizamos como fontes prioritárias os contratos de trabalho que envolviam a formação e/ou o trato de cafeeiros e as escrituras de dívidas hipotecárias, ambas lavradas nos Livros Cartoriais, fontes estas ainda não trabalhadas pela historiografia de forma mais sistemática. Desviamos nosso olhar para uma região marcada predominantemente pelas pequenas e médias fazendas produtoras de café, observando a dinâmica da acumulação em um período de expansão e de crise da cafeicultura.

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A motivação para a realização deste artigo foi a percepção de que o movimento de preços dos imóveis em Natal apresentava componentes que precisavam ser investigados, notadamente o influxo de capital estrangeiro, sobretudo para aplicação nos setores de turismo e imobiliário e o comportamento do crédito imobiliário. O objetivo do trabalho é examinar a evolução dos preços no mercado de imóveis da cidade no período 2005; 2010. Os indicadores levantados permitiram uma coleta de evidências suficiente para ampliar o grau de confiança nas hipóteses de que, de fato: a) ocorreu uma bolha no mercado de imóveis no triênio 2005; 2007; b) a bolha não implodiu no biênio 2009; 2010, após a crise financeira de 2008, pois o movimento de alta de preços se manteve tanto nos imóveis vendidos na planta quanto nos imóveis prontos.

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Measurements of the inelastic photoproduction of charmonium at HERA have ignited a new charmonium crisis. The Color Singlet approach to computing onium production cross sections fits the data for large charmonium energy fraction z, where color octet models fail. This approach is however in qualitative disagreement with a wealth of information that exist on charmonium production by other initial states. We here suggest that the source of the discrepancy between color octet models (whether implemented in the soft color or NRQCD formalism) and data is due to the neglect of non-perturbative effects. Implementing these in a scheme originally developed for Drell-Yan phenomenology, we illustrate how agreement with the data is achieved. © 1999 Elsevier Science B.V. All rights reserved.

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Purpose - This paper seeks to address the issue of persistent and widespread drought conditions during 2000 and 2001, which were the apparent cause of the decline of water levels in the reservoirs of Brazilian hydroelectric power plants. Design/methodology/approach - This issue is addressed here through a case study of the hydroclimatology of the Paraíba river basin, in Southeast Brazil, home to four large multi-purpose operational reservoirs. Findings - The data analysis shows that neither changes in the frequency nor magnitude of extreme hydrological events (droughts and floods) nor in annual rainfall amounts can be detected from the existing climate record. The explanation is consistent with the fact that the terrestrial water and energy cycles are tightly, and non-linearly, coupled through evapotranspiration. Research limitations/implications - Therefore small change in the seasonality of rainfall can have a significant impact on the basin's overall hydrologic regime, and thus on the availability of water resources. Originality/value - Often, adaptation and resilience to climate variability are discussed in the context of catastrophic events such as floods and droughts. This study suggests that a different type of impacts, those associated with subtle, yet persistent changes of seasonality in the terrestrial water cycle, cannot be ignored in studies of long-term sustainability of water resources. © Emerald Group Publishing Limited.

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This article turns on the importance of the small coffee production in the coffee complex economy between 1890 and 1914. We argue here the relations of work, the forms of financing and the way as the small coffee production inserts itself in this universe. We use as priority sources the employment contracts that involved the formation and/or the treatment of coffee trees and the Writes of mortgage debts, both recorded in Notarial Books, documents not used by historiography in a systematical way. We turns our look for a region marked predominantly for small and the middle producing farms of coffee, observing the dynamics of the accumulation in a period of expansion and crisis of the coffee economy.

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