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The ECB's policy, the recovery fund and the importance of trust : the case of Greece
Dimakopoulou, Vasiliki; Oikonomidēs, Geōrgios; … - 2021
This paper, using a microfounded macroeconomic model that embeds the key features of the Greek economy, studies the … ECB, like the PEPP, for the Greek economy? Do they help the real economy and, if yes, by how much? What would have …
Persistent link: https://www.econbiz.de/10012650611
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The impact of containment measures and monetary and fiscal responses on US financial markets during the Covid-19 pandemic
Abakah, Emmanuel Joel Aikins; Caporale, Guglielmo Maria; … - 2021
This paper analyses the effects of containment measures and monetary and fiscal responses on US financial markets during the Covid-19 pandemic. More specifically, it applies fractional integration methods to analyse their impact on the daily S&P500, the US Treasury Bond Index (USTB), the S&P...
Persistent link: https://www.econbiz.de/10012584220
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Redistribution and the monetary-fiscal policy mix
Bhattarai, Saroj; Lee, Jae Won; Yang, Choongryul - 2020
We show that the effectiveness of redistribution policy in stimulating the economy and improving welfare is directly … model economy in a Covid-19 recession, and quantify the effects of the transfer components of the Coronavirus Aid, Relief …
Persistent link: https://www.econbiz.de/10012388237
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Consolidating the Covid debt
Keuschnigg, Christian; Johs, Julian; Stevens, Jacob - 2021
One of the main functions of public debt is to smooth taxes and spending over time. In the Covid crisis, the Maastricht deficit restrictions were temporarily suspended to allow for large temporary deficits. As recovery sets in, countries are confronted with the task of consolidating the Covid...
Persistent link: https://www.econbiz.de/10012796971
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Consumer sentiment during the Covid-19 pandemic : the role of others' beliefs
Bui, Dzung; Dräger, Lena; Hayo, Bernd; Giang Hong Nghiem - 2021
sentiment. Conducting consumer surveys with randomized control trials (RCTs) in Thailand and Vietnam during the COVID-19 … asymmetric across our sample countries, as it shows opposite appropriateness ratings of the governments’ reaction in Vietnam and … only in Vietnam, where the sign of the effect suggests that the treatments are viewed as positive news. Moreover, consumer …
Persistent link: https://www.econbiz.de/10012500548
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Did a successful fight against the COVID-19 pandemic come at a cost? : impacts of the pandemic on employment outcomes in Vietnam
Dang, Hai-Anh H.; Cuong Viet Nguyen; Carletto, Calogero - 2022
Persistent link: https://www.econbiz.de/10013184510
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COVID-19 pandemic and the health and well-being of vulnerable people in Vietnam
Dang, Hai-Anh H.; Minh Do - 2022
Persistent link: https://www.econbiz.de/10014316165
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Extraordinary measures : the role of debt levels in fiscal policy responses to Covid-19
Elbourne, Adam; Piccillo, Giulia; Velentzas, Konstantinos - 2023
state of the economy during the pandemic. The size of the deviation from the pre-pandemic norm is not related to the level …
Persistent link: https://www.econbiz.de/10014444920
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Will Germany's temporary VAT tax rates cut as part of the Covid-19 fiscal stimulus package boost consumption and growth?
Funke, Michael; Terasa, Raphael - 2020
and jumpstart the economy in the wake of the COVID-19 pandemic lockdown in the spring of 2020. The most prominent measure …
Persistent link: https://www.econbiz.de/10012388013