Search Results - subject:"Economic crisis"

Earnings Business Cycles : The COVID Recession, Recovery, and Policy Response

Larrimore, Jeff; Mortenson, Jacob; Splinter, David - 2023

Using a panel of tax data, we follow the earnings of individuals over business cycles. Compared to prior recessions, the Covid policy response and recovery were far more progressive. Among workers starting in the bottom quintile, median real earnings including fiscal relief increased 66 percent...

Persistent link: https://www.econbiz.de/10014354830

Dividends and Share Repurchases during the COVID‐19 Economic Crisis

Mazur, Mieszko; Dang, Man; Vo, Thi Thuy Anh - 2023

In this article, we examine dividends and share repurchases of S&P 1500 firms during the COVID-19 crisis characterized by the stock market crash and a relatively quick stock price recovery propelled by technology stocks. We find that the great majority of firms either maintain or increase the...

Persistent link: https://www.econbiz.de/10014355086

Capital Controls in Times of Crisis – Do They Work?

Bhargava, Apoorv; Bouis, Romain; Kokenyne, Annamaria; … - 2023

This paper provides an analysis of the use and effects of capital controls in 27 AEs and EMDEs which experienced at least one financial crisis between 1995 and 2017. Countries often turn to using capital controls in crisis: some ease inflow controls while others tighten controls on outflows. A...

Persistent link: https://www.econbiz.de/10014355803

Pandemic Solutionism : The Power of Big Tech during the COVID-19 Crisis

Maschewski, Felix; Nosthoff, Anna-Verena - 2023

In this article, we investigate how Big Tech companies have used the novel coronavirus disease (COVID-19) pandemic to increase their social, political, infrastructural, and epistemic power. We focus on four companies that were outspoken in their efforts to combat the virus: Alphabet (also known...

Persistent link: https://www.econbiz.de/10014356463

Structural Reforms During the Greek Economic Adjustment Programme : The Amalgamation of Municipalities

Benos, Nikolaos (Nikos); Conti, Maurizio; Ferraresi, … - 2023

Amalgamation reforms have been extensively implemented in several countries as policy instruments to improve local government service provision and reduce costs based on scale economies. However, their effectiveness has proved ambiguous in practice. We investigate the impact of a substantial...

Persistent link: https://www.econbiz.de/10014356528

Labour Market Reallocation Effects of COVID-19 Policies in Spain : A Tale of Two Recessions

Diaz, Antonia; Dolado, Juan Jose; Jáñez, Álvaro; … - 2023

This paper studies short-time work arrangements (ERTEs) when aggregate risk is partially sector-specific. In Spain, the Great Recession and the pandemic recession (aka the Great Contagion) can both be understood as being driven partially by large sector-specific shocks. However, the latter shows...

Persistent link: https://www.econbiz.de/10014357430

Sri Lanka Economic Crisis – The Symptoms, Causes, and Possible Cure

CN, Nimal; Namboodiripad, Niyati - 2023

Sri Lanka is going through a major economic crisis. There is an ongoing shortage of fuel, food, electricity, and …

Persistent link: https://www.econbiz.de/10014357891

Assessing Nutritional Status and Purchasing Ability Amongst Adults in Mount Lebanon during the Economic Crisis 2022

Abou Hamzeh, Rawan - 2023

Background: The ongoing evolving of economic crisis obliged Lebanese citizens to deal with a variety of daily stresses … and challenges that might impair their way of living and, in turn, their health. The Lebanese economic crisis along with … purchasing ability particularly during the current Lebanese economic crisis. Therefore, this study aims to investigate and assess …

Persistent link: https://www.econbiz.de/10014358280

Multinational Production and Global Shock Propagation During the Great Recession

Li, Haishi - 2023

Did multinational production (MP) exacerbate or mitigate the collapse of international trade during the Great Recession? What role did MP and trade links play in propagating economic shocks across countries? I resolve the “Multinationals’ Resilience Puzzle” during the Great Recession by...

Persistent link: https://www.econbiz.de/10014358332

The Socio-Economic Ramifications Resulting from the Outbreak of the Coronavirus Pandemic (COVID-19)

Koch, Dr. Benjamin - 2023

The global impact of the COVID-19 pandemic has been staggering, with over 4.3 million confirmed cases and over 290,000 deaths reported worldwide. In addition to the public health crisis, the pandemic has caused significant economic disruption, leading to fears of a global recession. The...

Persistent link: https://www.econbiz.de/10014358379