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A Spending Spree

Gylfi Zoega
- pp 296-301
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TLDR
In this paper, Iceland's economic turbulence sounds like a familiar macroeconomic story, a credit expansion fuelled excessive borrowing and spending. But there are unfamiliar details -an unusually large banking sector and a central bank unable to serve as a credible lender of last resort -that raise concerns.
Abstract
Iceland’s economic turbulence sounds like a familiar macroeconomic story — a credit expansion fuelled excessive borrowing and spending. But there are unfamiliar details — an unusually large banking sector and a central bank unable to serve as a credible lender of last resort — that raise concerns. Nevertheless, Iceland should be able to weather the current turmoil.

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Could the Icelandic Banking Collapse of 2008 have been Prevented?The Role of Economists in its Unfurling

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References
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Journal Article

[JLIE 648] Hip-Hopping Across China: Intercultural Formulations of Local Identities

TL;DR: This article used Agha's/emblematic figures of identity as a framework for bringing forth the following research question: How are intercultural processes of identity formation between local and foreign artists mediated by language in the Chinese hip-hop community? Data were gathered through interviews and lyric analysis, as well as recording-studio and live performance observations.
Journal ArticleDOI

The Interaction of Foreign Direct Investment with Electronic Commerce in Less Developed Countries

TL;DR: In this article, the authors argue that the international growth of e-commerce can increase a critical technology infrastructure gap that disadvantages less-developed countries (LDCs) in their future ecommerce participation.

Ecologically Friendly Food Buying and Recycling: Environmental Attitudes and Behaviors in a Tennessee Survey

TL;DR: The authors found that recycling behavior is significantly related to access to recycling facilities and found that positive ecological beliefs alone do not explain much variance in recycling behavior, suggesting that proenvironmental policies need to make structural resources more available to all in order to promote recycling and protect the environment in general.

Framework for Data Mining In Healthcare Information System in Developing Countries: A Case of Tanzania

TL;DR: This study has proposed a best fit for data mining techniques in healthcare based on a case study and aims to provide self healthcare treatments where diabetic patients can test their blood sugar level by using e-device, which minimizes time to wait for medical treatments, and minimizes the delay in providing medical treatments.

Could the Icelandic Banking Collapse of 2008 have been Prevented?The Role of Economists in its Unfurling

TL;DR: In this article, the author accepted manuscript is available from Edward Elgar Publishing via https://doi.org/10.4337/ejeep.2016.03.06
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Can u give me related studies on student's allowance spending spree?

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