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Macroeconomic adjustment with segmented labor markets
Agénor, Pierre-Richard - 1994
Persistent link: https://www.econbiz.de/10000893878
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Macroeconomic Adjustment with Segmented Labor Markets
Agenor, Pierre-Richard; Aizenman, Joshua - 2022
. The basic framework considers an economy with a large informal production sector and a heterogeneous work force. The labor … improves competitiveness, and expands the formal sector at the expense of the informal sector. Hence, in a two-sector economy …
Persistent link: https://www.econbiz.de/10013308614
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Pandemic Shocks and Fiscal-Monetary Policies in the Eurozone : COVID-19 Dominance During January - June 2020
Jinjarak, Yothin - 2020
This case study compares the importance of prevailing market factors against that of COVID-19 dynamics and policy responses in explaining the evolution of Eurozone (EZ) sovereign spreads during the first half of 2020. Focusing on daily Eurozone CDS spreads, we adopt a multi-stage econometric...
Persistent link: https://www.econbiz.de/10012829783
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Pandemic shocks and fiscal-monetary policies in the eurozone : COVID-19 dominance during January - June 2020
Jinjarak, Yothin; Ahmed, Rashad; Nair-Desai, Sameer; … - 2020
Persistent link: https://www.econbiz.de/10012255871
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Post COVID-19 exit strategies and emerging markets economic challenges
Aizenman, Joshua; Itō, Hiro - 2020
Persistent link: https://www.econbiz.de/10012316377
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Post Covid-19 Exit Strategies and Emerging Markets Economic Challenges
Aizenman, Joshua; Ito, Hiro - 2021
We outline two divergent exit strategies of the U.S. from the post COVID-19 debt-overhang, and analyze their implications on Emerging Markets and global stability. The first strategy is the U.S. aiming at returning to the 2019, pre-COVID mode of loose fiscal policy and accommodating monetary...
Persistent link: https://www.econbiz.de/10013225833
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Fiscal fragility : what the past may say about the future
Aizenman, Joshua; Pasricha, Gurnain Kaur - 2010
Persistent link: https://www.econbiz.de/10008991095
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Economic growth with constraints on tax revenues and public debt : implications for fiscal policy and cross-country differences
Aizenman, Joshua; Kletzer, Kenneth; Pinto, Brian - 2007
Persistent link: https://www.econbiz.de/10003408551
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Economic Growth with Constraints on Tax Revenues and Public Debt : Implications for Fiscal Policy and Cross-Country Differences
Aizenman, Joshua - 2007
constant in the economy with or without a binding constraint on tax revenues as a share of GDP - current non-durable public … borrowing to finance the accumulation of public capital goods may allow the economy to reach a long-run optimal growth path …
Persistent link: https://www.econbiz.de/10012777949
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Domestic and multilateral effects of capital controls in emerging markets
Pasricha, Gurnain Kaur; Falagiarda, Matteo; … - 2014
Persistent link: https://www.econbiz.de/10010481915