Egalitarianism and the democratic deconsolidation: Is democracy compatible with socialism?
The unprecedented reduction in popular support for democracy represents a risk of democratic deconsolidation. The new situation echoes old debates on the compatibility of democracy with capitalism and socialism.
The cost of banking crises: Does the policy framework matter?
This paper empirically investigates how the stringency of monetary, fiscal and exchange rate policy frameworks impacts the expected cost of banking crises.
Co-movement of COVID-19 and Bitcoin: Evidence from wavelet coherence analysis
We apply wavelet methods to daily data of COVID-19 world deaths and daily Bitcoin prices from 31th December 2019 to 29th April 2020. We find, especially for the period post April 5, that levels of COVID-19 caused a rise in Bitcoin prices.