Resilience of US metropolitan areas to the 2008 financial crisis (Record no. 82554)

MARC details
000 -LEADER
fixed length control field 02436naaaa2200349uu 4500
001 - CONTROL NUMBER
control field https://directory.doabooks.org/handle/20.500.12854/63498
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20220220105510.0
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9781785360299.00012
024 7# - OTHER STANDARD IDENTIFIER
Standard number or code 10.4337/9781785360299.00012
Terms of availability doi
041 0# - LANGUAGE CODE
Language code of text/sound track or separate title English
042 ## - AUTHENTICATION CODE
Authentication code dc
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Nicholas Kreston
Relationship auth
245 10 - TITLE STATEMENT
Title Resilience of US metropolitan areas to the 2008 financial crisis
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. Edward Elgar Publishing
Date of publication, distribution, etc. 2018
300 ## - PHYSICAL DESCRIPTION
Extent 1 electronic resource (19 p.)
506 0# - RESTRICTIONS ON ACCESS NOTE
Terms governing access Open Access
Source of term star
Standardized terminology for access restriction Unrestricted online access
520 ## - SUMMARY, ETC.
Summary, etc. This chapter seeks to explain why only a minority of US metropolitan areas enjoyed quicker recovery and higher levels of economic growth following the 2008 banking crisis and recession of 2007‒2009. An uneven pattern of growth came into being over the course of the recession and persisted through 2013, evident in both total employment and on a sectoral basis. Using cluster analysis, we characterize the best performing group of metropolitan areas as exhibiting less economic sectorial diversity than average and lower rates of subprime mortgages as a share of all households. The worst performing areas show the highest average rates of household distress as well as bank failures. The most consistent pattern among our variables was that gradually worsening growth outcomes were associated with increasingly larger subprime mortgage and HAMP concentrations. Our findings recommend further research into the conditions of financial distress among metropolitan areas as well as into the nature of sector specialization, as both potential factor affecting growth.
540 ## - TERMS GOVERNING USE AND REPRODUCTION NOTE
Terms governing use and reproduction Creative Commons
Use and reproduction rights https://creativecommons.org/licenses/by-nc-nd/4.0/
Source of term cc
-- https://creativecommons.org/licenses/by-nc-nd/4.0/
546 ## - LANGUAGE NOTE
Language note English
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term insurance
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term and real estate (FIRE)
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term metropolitan statistical area (MSA)
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term economic specialization
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term subprime mortgages
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term financial crisis
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term resilience
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term finance
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Dariusz Wójcik
Relationship auth
773 10 - HOST ITEM ENTRY
Host Biblionumber OAPEN Library ID: 33626
Control subfield nnaa
856 40 - ELECTRONIC LOCATION AND ACCESS
Host name www.oapen.org
Uniform Resource Identifier <a href="https://www.elgaronline.com/view/edcoll/9781785360282/9781785360282.00012.xml">https://www.elgaronline.com/view/edcoll/9781785360282/9781785360282.00012.xml</a>
Access status 0
Public note DOAB: download the publication
856 40 - ELECTRONIC LOCATION AND ACCESS
Host name www.oapen.org
Uniform Resource Identifier <a href="https://directory.doabooks.org/handle/20.500.12854/63498">https://directory.doabooks.org/handle/20.500.12854/63498</a>
Access status 0
Public note DOAB: description of the publication

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