Showing 1 - 6 of 6
policies and the subsequent announcements because the initial steps were often seen as bad news about the state of the economy … economy and easing the pressure on governmental finances. Across all subsets of polices, it seems that monetary policy is more …
Persistent link: https://www.econbiz.de/10012224892
Global efforts towards mitigating climate change gain momentum; reducing carbon dioxide (CO2) emissions and aiming for zero emissions, or carbon neutrality, is the main goal. Economic factors are main determinants of CO2 emissions coming from production and energy consumption. This paper aims to...
Persistent link: https://www.econbiz.de/10014530667
In this paper we distinguish the responses of conventional and unconventional monetary policy measures on macroeconomic variables, using a high frequency data set which measures the impact of the ECB's monetary policy decisions. For the period 2002:01 to 2019:06 we show that unconventional and...
Persistent link: https://www.econbiz.de/10012099289
Policymakers imposed constraints on public life in order to contain the Covid-19 pandemic. At the same time, fiscal and monetary policy implemented a large range of of expansionary measures to limit the economic consequences of the pandemic and stimulate the recovery. In this paper, we assess...
Persistent link: https://www.econbiz.de/10012887221
This paper estimates the effects of nine exchange rates for european coun- tries vis-a-vis the Euro in the COVID pandemic. Using data on COVID cases, three containment and two stabilization measures relative to the euro area counterparts, it is shown that a more severe spread of the virus leads...
Persistent link: https://www.econbiz.de/10013189169
In this paper, we study the impact of the COVID-19 pandemic in estimated panel VAR models for 92 countries. The large cross section of countries allows us to shed light on the heterogeneity of the responses of stock markets and NO2 emissions as high-frequency measures of economic activity. We...
Persistent link: https://www.econbiz.de/10012800866