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Abstrak :
Alan Greenspan, the then Chairman of the US Federal Reserve, was reported in 1997 to have studied men’s underwear sales, to provide an early warning for recession in the US economy. Since then many economics editors have written about men’s underwear sales and a Men’s Underwear Index, to support their views on the future direction of the economy; and the OECD use a basket of indicators to forecast the world economy (OECD, 2008). This paper explores the theory and its empirical robustness for 57 countries. There is some limited statistical evidence that sales of men’s underwear might be an indicator of the US economy, or more precisely of looming recession. But the relationship is far from clear; therefore as an indicator it should be approached with extreme caution. Certainly more detailed and robust investigation is required. Looking across a further 56 counties, men’s underwear sales appear to be unrelated to the economy as a whole, seeming to behave as a basic commodity. However, for Armenia, Ecuador and Kuwait, there may be some validity in understanding the relationship further.

Abstrak :
Pada masa transisi dari sekolah ke dunia kerja, individu yang menyelesaikan pendidikan di masa resesi harus berhadapan dengan berbagai permasalahan ketenagakerjaan yang dapat menghambat proses pencarian pekerjaan. Padahal, pemilihan pekerjaan pertama menjadi hal yang sangat penting dalam menentukan perjalanan karir individu kedepannya dan dapat membawa dampak jangka panjang terhadap kondisi sosial ekonominya di masa depan. Berangkat dari permasalahan tersebut, menggunakan data IFLS 5, studi ini dilakukan untuk melihat hubungan jangka panjang antara kelulusan di masa resesi dengan kondisi sosial ekonomi individu yang menyelesaikan pendidikan di masa krisis keuangan Asia. Hasil analisis regresi OLS dan probit menunjukkan bahwa kelulusan di masa resesi akan menurunkan pengeluaran per kapita dan lama bersekolah, serta meningkatkan kekayaan, usia saat pertama kali menikah, dan probabilitas untuk bekerja di sektor informal. ......During the transition from school to the labor market, individuals who completed their education during a recession had to deal with various employment problems, limiting their ability to find the right job. Early career decisions are crucial in determining future career success and may have long-term consequences on future social economic conditions. Using IFLS 5 data, this study seeks to assess the long-term relationship between graduation during the recession and the social economic conditions of individuals who completed their latest education level during the Asian financial crisis. OLS and probit regression analysis show that graduating during a recession will reduce per capita expenditure and years of schooling, while also increasing wealth, age at first marriage, and the probability to work in the informal sector.

Abstrak :
From depleted retirement accounts to underwater homes, it's been gloomy news for years. But the picture will get much brighter for those who take advantage of the laws and reforms enacted in the wake of the banking, real estate, and economic meltdown. The Dodd-Frank Act. The Making Home Affordable Program. The Consumer Financial Protection Bureau. These are just a few examples of the significant but little-understood changes that offer people an unprecedented chance to set things right with their credit, savings and investments, employment, housing, retirement and more. Financial Fresh Start explains it all-simplifying the complicated reforms and motivating readers to shake off their malaise and radically improve their long-term financial prospects. Written by a dynamic author with a unique blend of legal, financial, and real estate expertise, the book's big-picture lens spans the spectrum of money matters, and delivers clear, actionable answers to questions such as: * How can you repair your credit quickly and avoid high finance costs? * What are the safest places for saving and investing? * Can you legally avoid repaying what you owe? * Will your home ever be worth what you paid for it? * Is there life after foreclosure? * Are you missing out on programs that can put money in your pockets? * Is it possible to make up for recent losses and still retire on time? * And more Big corporations and the mega-wealthy have professionals to keep them abreast of the latest regulations. Now, everyday people can learn what the new rules really mean to them with the expert guidance and practical solutions in Financial Fresh Start.

Abstrak :
Ketika GeorgeSoros, 75, spekulator pasar uang dunia datang ke Jakarta Januari 2006, ia menyampaikan tiga sinyal. Yakni 'rupiah is stil; tikely to volatile', ekonomi Amerika Serikat (AS) bakal terpukul resesi tahun 2007, dan terorisme tidak bisa dilawan oleh perang. (Bernama, 7/1/2006) Apa Makna tiga sinyal itu terhadap skenario risiko politik di NKRI?

Abstrak :
By using empirical understanding and new policy data, this important new title investigates the world-wide economic crisis. The global recession has had a truly international reach, with repercussions reverberating throughout nations and across societies. The book examines the overall causes of the crisis and the failures of mainstream economics, and analysis the rising tide of poverty and social inequality resulting from the recession. It also examines the relationship between the crisis and economic systems, and examines the evolution of the global monetary system and history of central banking. Finally, it delves into BRICS with a particular focus on China and India, as well as Europe and the US. This work will be of interest to researchers, students and academics in economics and policy.