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Germany Soffin Capital Injections, Priya Sankar 2021 Yale School of Management

Germany Soffin Capital Injections, Priya Sankar

Journal of Financial Crises

The insolvency of Lehman Brothers in September 2008 and the subsequent global liquidity crisis spurred the German state to pass the Financial Market Stabilization Fund Act (Finanzmarktstabilisierungsfondsgesetz, “FMStFG”) establishing the Federal Agency for Financial Market Supervision (Bundesanstalt für Finanzmarktstabilisierung), or FMSA. Created in October 2008, it provided government support to ailing financial institutions. The FMSA supported German banks and maintained the stability of the German banking system, in part by establishing the Financial Market Stabilization Fund (Sonderfunds Finanzmarktstabilisierung), or SoFFin. SoFFin could provide capital injections and risk shield measures of €80 billion and also possessed a guarantee provision of up …


France Société De Prise De Participation De L’État (Sppe), Devyn Jeffereis 2021 Yale School of Management

France Société De Prise De Participation De L’État (Sppe), Devyn Jeffereis

Journal of Financial Crises

As the Global Financial Crisis deepened, the bankruptcy of Lehman Brothers on September 15, 2008, and ensuing contagion began affecting the French economy and financial system. France experienced declines in major economic indicators such as GDP, household consumption, and investment. In addition, the ensuing credit crunch in financial markets resulted in the seizing up of various lending markets. Due to conservative business practices, a consolidated market structure, and a sound regulatory framework, the French banks were relatively better situated than their European counterparts to weather the crisis. However, the French authorities instituted a precautionary recapitalization scheme in order to “restore …


Finland’S 1992 Capital Injection, Kaleb B. Nygaard 2021 Yale School of Management

Finland’S 1992 Capital Injection, Kaleb B. Nygaard

Journal of Financial Crises

Following a large-scale deregulation of the financial sector during the 1980s and subsequent massive credit expansion, a banking crisis in Finland caused a sharp contraction in the economy in the early 1990s. To prevent the collapse of the banking system, the government offered FIM 8 billion in capital injections. Parliament appropriated the funds in the spring of 1992 and terms were defined in June 1992. The program was open to all banks, in proportion to their size, regardless of their solvency. In the fall of 1992, FIM 7.9 billion was deployed to 56 cooperative banks and 22 savings banks of …


Austria: Finanzmarktstabilitätsgesetz (Finstag), Claire Simon 2021 Yale School of Management

Austria: Finanzmarktstabilitätsgesetz (Finstag), Claire Simon

Journal of Financial Crises

Following the adoption of a joint framework by euro area countries in response to the intensifying financial crisis in October 2008, Austria enacted a package of measures including the Financial Market Stability Act (Finanzmarktstabilitätsgesetz, or FinStaG). In addition to permitting nationalization under certain circumstances, FinStaG allowed the Austrian government to use six specific measures to recapitalize credit institutions operating in Austria and Austrian insurance companies. According to FinStaG, €15 billion ($22 billion) could be used for this purpose, though this amount was later increased. Eight institutions received support through FinStaG, and the government granted capital and liquidity support totaling €21 …


Recruitment Machines, Community Power And Political Return On Investment (Proi): Economic Development Policy In The Age Of Amazon, Eric G. Griego Montoya 2021 University of New Mexico - Main Campus

Recruitment Machines, Community Power And Political Return On Investment (Proi): Economic Development Policy In The Age Of Amazon, Eric G. Griego Montoya

Political Science ETDs

ABSTRACT

A fundamental policy choice in economic development among local policy makers is the appropriate mix of “outside” strategies that use incentives to attract companies, and “inside” strategies that invest in smaller and local businesses. Using a mixed-methods research design, including national and state surveys along with qualitative analysis of interviews conducted with policy elites, I examine the role of ideology, elites, community, competition, social capital (trust and influence), and electoral politics in these policy decisions. I use new descriptive theoretical frameworks called “recruitment machines” and “Political Return on Investment (PROI)” to describe how and why local elected officials support …


Support For Me: Substance Use Disorder Prevalence And Treatment Capacity Assessment, Rachel T. Gallo MPH, Katharine Knight MPH, Mary Lindsey Smith PhD 2021 University of Southern Maine, Catherine Cutler Institute

Support For Me: Substance Use Disorder Prevalence And Treatment Capacity Assessment, Rachel T. Gallo Mph, Katharine Knight Mph, Mary Lindsey Smith Phd

Substance Use Research & Evaluation

The aim of this report was to understand the sociodemographic and geographic distribution of substance use disorder (SUD) prevalence in Maine, through a claims-based analysis which assessed current statewide capacity to address SUD by examining current SUD treatment and recovery infrastructure, service utilization patterns, and geographic distribution of services and usage throughout the state to identify any gaps in treatment and recovery capacity.

The authors would like to note that this report was completed during the planning phase of the SUPPORT for ME project, which was funded by the Centers for Medicare & Medicaid Services (CMS) via the SUPPORT Act …


Kennesaw State University Care Roadmap: Level 1 Virtual, Marcy Stidum, Carrie Olsen 2021 Kennesaw State University

Kennesaw State University Care Roadmap: Level 1 Virtual, Marcy Stidum, Carrie Olsen

CARE Resources

Student homelessness has become a widespread issue at higher education institutions. According to a 2016 survey of both four-year and community colleges, about seven percent of students experienced homelessness. Kennesaw State University (KSU) is not immune to those statistics. The first KSU homeless student was identified in the late 1980s. Since then, the number of students experiencing homelessness and food insecurity has grown every academic year. In the past three years, there has been a 98 percent increase in demand to help feed food insecure students on KSU’s two campuses.

Those who are interested in learning more about ASCEND and …


Support For Me: Provider Focus Group Summary, Mary Lindsey Smith PhD, Katie Rosingana BA, Evelyn Ali BS, Tyler Egeland BA, Karen Pearson MLIS, MA, Mark Richards BS 2021 University of Southern Maine, Catherine Cutler Institute

Support For Me: Provider Focus Group Summary, Mary Lindsey Smith Phd, Katie Rosingana Ba, Evelyn Ali Bs, Tyler Egeland Ba, Karen Pearson Mlis, Ma, Mark Richards Bs

Substance Use Research & Evaluation

This summary highlights feedback from focus groups with providers across Maine who currently address the needs of persons with substance use disorder (SUD). These providers represent individuals working in the following organizations: Health Systems, Behavioral Health Agencies, Residential Treatment, Community Recovery Programs, Opioid Treatment Programs (OTP), Emergency Medical Services (EMS), First Responders (EMT, fire, police), and law enforcement (e.g., Sheriff’s Office, Corrections). This summary report is designed to provide feedback to the Office of MaineCare Services to help inform their strategic planning process to increase statewide capacity for SUD treatment and recovery service capacity to better meet the needs of …


Skill Downgrading Among Refugees And Economic Immigrants In Germany: Evidence From The Syrian Refugee Crisis, Plamen Nikolov, Leila Salarpour, David Titus 2021 Harvard Institute for Quantitative Social Science and State University of New York (Binghamton)

Skill Downgrading Among Refugees And Economic Immigrants In Germany: Evidence From The Syrian Refugee Crisis, Plamen Nikolov, Leila Salarpour, David Titus

Economics Faculty Scholarship

Upon arrival to a new country, many immigrants face job downgrading, a phenomenon describing workers being in jobs below the ones they have based on the skills they possess. Moreover, in the presence of downgrading immigrants receiving lower wage returns to the same skills compared to natives. The level of downgrading could depend on the immigrant type and numerous other factors. This study examines the determinants of skill downgrading among two types of immigrants – refugees and economic immigrants – in the German labor markets between 1984 and 2018. We find that refugees downgrade more than economic immigrants, and this …


Diversity Management Programs: California Local Governments’ Approach To Achieving Representative Bureaucracy, Adrian Cudal 2021 San Jose State University

Diversity Management Programs: California Local Governments’ Approach To Achieving Representative Bureaucracy, Adrian Cudal

Master's Projects

Attaining representativeness in a bureaucracy, or the ability for a public organization to mirror the diversity of its constituents, is argued to be a key element to effective and efficient governance. Studies show that implementing diversity management programs can help organizations become more representative and, at the same time, maximize the full potential of their diverse workforce. This study examined the existing and developing diversity management programs in each of the nine Bay Area county organizations and measured the representativeness of each. These programs were analyzed by benchmarking them against the International Personnel Management Association's (IPMA) diversity management best practices …


Juvenile Justice Realignment: A Policy Analysis Of California Senate Bill 823, Stewart Patri 2021 San Jose State University

Juvenile Justice Realignment: A Policy Analysis Of California Senate Bill 823, Stewart Patri

Master's Projects

New legislation (Senate Bill 823) in the State of California, to realign the serious felony juvenile offender population from state facilities to county facilities, will go into effect July 1, 2021 (SB823, 2020). County probation departments will now be faced with determining how to provide adequate programming to a new population type of serious offender that includes adults in the age range of 18 to 25 years old. This places pressure on smaller county agencies to either find a cost-effective solution to modify their current facilities and programs or send this population to other county agencies. This research project analyzes …


Representation And Recommendations: Participation Of People Who Use Drugs In Un-Level Policy-Making, Lily Knudsen 2021 SIT Study Abroad

Representation And Recommendations: Participation Of People Who Use Drugs In Un-Level Policy-Making, Lily Knudsen

Independent Study Project (ISP) Collection

Although participation in health policy-making is a popular topic in the literature and a stated priority of the United Nations, very little research has been published examining the full spectrum of participation by people who use drugs (PWUD) at the UN level. This study aims to describe and evaluate this participation through a combination of a literature review that looks at academic sources, UN publications, and publications by organizations of PWUD, and a series of interviews with representatives of organizations of PWUD who have participated in UN level policy-making.

Data collected demonstrates that there is no comprehensive system for the …


Evaluating The Pragmatic And Moralistic Approach To Drug Policy And Addiction In Opioid Epidemic Outcomes, Brielle Seidel 2021 SIT Study Abroad

Evaluating The Pragmatic And Moralistic Approach To Drug Policy And Addiction In Opioid Epidemic Outcomes, Brielle Seidel

Independent Study Project (ISP) Collection

Drug use, policy and outcomes differ in all countries; however, trends exist in response to these circumstances and can typically be evaluated through a pragmatic and moralistic lens. The public health, and evidence-based pragmatic approach differs from the law enforcement-centered moralistic approach, specifically in outcomes of people suffering from substance use disorder. Particularly for opioid use disorder, countries that have taken the pragmatic approach in response to opioid epidemics have had dramatic results. Two of the countries discussed include Switzerland and Portugal, with additional information on the Netherlands. In contrast, current opioid epidemics exist in certain countries who maintain a …


The Xx Factor: The Influence Of Legislative Gender Parity On Migrant Integration Policy In The Eu Member States, Katherine Y. Kramer Gaines 2021 Brigham Young University

The Xx Factor: The Influence Of Legislative Gender Parity On Migrant Integration Policy In The Eu Member States, Katherine Y. Kramer Gaines

Claremont-UC Undergraduate Research Conference on the European Union

Many European states have been affected by the so-called European migrant crisis of the 2010s. The UNHCR has said that focusing on integrating migrants is “the most relevant durable solution” for European Union member states. Policies can help pave the road to success for refugees and migrants alike in new, unfamiliar lands. Such policies are associated with migrants’ abilities to reunite with family, find jobs, receive healthcare and education, gain permanent residence and nationality, politically participate, evade discrimination, and fully integrate into the new society they reside in. Using a gender parity lens with cross-sectional, quantitative analysis, this research shows …


Optimization Of Shift Work In Vts, Zhihao Wang 2021 World Maritime University

Optimization Of Shift Work In Vts, Zhihao Wang

Maritime Safety & Environment Management Dissertations (Dalian)

No abstract provided.


Relationship Between Gmdss Modernization And E-Navigation Strategy, Yijun Liu 2021 World Maritime University

Relationship Between Gmdss Modernization And E-Navigation Strategy, Yijun Liu

Maritime Safety & Environment Management Dissertations (Dalian)

No abstract provided.


Sanctuary In The City Of Brotherly Love: Probing The Effectiveness And Broader Implications Of Philadelphia’S Sanctuary City Policies, Thomas A. Koenig 2021 Princeton University

Sanctuary In The City Of Brotherly Love: Probing The Effectiveness And Broader Implications Of Philadelphia’S Sanctuary City Policies, Thomas A. Koenig

Gettysburg Social Sciences Review

Amidst the already fraught politics of immigration, “sanctuary” policies, whereby state and local law enforcement agencies limit their cooperation with federal immigration enforcement authorities to varying degrees, have emerged as a particularly contentious issue. This paper sifts past the political vitriol surrounding the issue of “sanctuary” and uses original survey research in Philadelphia to answer a straightforward question: Are these policies working? That is, are the city of Philadelphia’s sanctuary policies actually building trust between its undocumented residents and local law enforcement, thereby laying the groundwork for higher rates of crime reporting and safer communities? My results from a survey …


Analysis Of The Influence Of Beibu Gulf Port Development On Regional Economy, Hanyue Zhang 2021 World Maritime University

Analysis Of The Influence Of Beibu Gulf Port Development On Regional Economy, Hanyue Zhang

World Maritime University Dissertations

No abstract provided.


Research On The Port Competitiveness Of Ports Participating In The Belt And Road Initiative, Yue Hu 2021 World Maritime University

Research On The Port Competitiveness Of Ports Participating In The Belt And Road Initiative, Yue Hu

World Maritime University Dissertations

No abstract provided.


Analysis Of The Ship Investment Decision-Making In The Dry Bulk Market, Dizhe Fan 2021 World Maritime University

Analysis Of The Ship Investment Decision-Making In The Dry Bulk Market, Dizhe Fan

World Maritime University Dissertations

No abstract provided.


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