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Policy Packages and Policy Space : Lessons from COVID-19

Bergant, Katharina; Forbes, Kristin - National Bureau of Economic Research - 2023

This paper uses the onset of COVID-19 to examine how countries construct their policy packages in response to a severe negative shock. We use several new datasets to track the use of a large variety of policy tools: announced fiscal stimulus (both above- and below-the-line), monetary policy...

Persistent link: https://www.econbiz.de/10014287372

The impact of COVID-19 on bank profitability : cross-country evidence

Augeraud-Véron, Emmanuelle; Boungou, Whelsy - In: German economic review : GER 24 (2023) 1, pp. 69-95

Persistent link: https://www.econbiz.de/10014288225

Micro- and Macroeconomic Impacts of a Place-Based Industrial Policy

Atalay, Enghin; Hortaçsu, Ali; Runyun, Mustafa; … - National Bureau of Economic Research - 2023

We investigate the impact of a set of place-based subsidies introduced in Turkey in 2012. Using firm-level balance-sheet data along with data on the domestic production network, we first assess the policy's direct and indirect impacts. We find an increase in economic activity in...

Persistent link: https://www.econbiz.de/10014322681

Monetary Policy and Innovation

Ma, Yueran; Zimmermann, Kaspar - National Bureau of Economic Research - 2023

We document that monetary policy has a substantial impact on innovation activities. After a tightening shock of 100 basis points, research and development (R&D) spending declines by about 1 to 3 percent and venture capital (VC) investment declines by about 25 percent in the following 1 to 3...

Persistent link: https://www.econbiz.de/10014372455

Chapter 2. Macroeconomic Shocks and Their Propagation

Ramey, V.A. - In: Handbook of macroeconomics : volume 2, v. 2A-2B SET, (pp. 71-162). 2016

This chapter reviews and synthesizes our current understanding of the shocks that drive economic fluctuations. The chapter begins with an illustration of the problem of identifying macroeconomic shocks, followed by an overview of the many recent innovations for identifying shocks. It then...

Persistent link: https://www.econbiz.de/10014024291

The impact of COVID-19 on SME financing : A special edition of the OECD Financing SMEs and Entrepreneurs Scoreboard

OECD - 2020

The COVID-19 crisis has had a profound impact on SME access to finance. In particular, the sudden drop in revenues created acute liquidity shortages, threatening the survival of many viable businesses. The report documents an increase in demand for bank lending in the first half of 2020, and a...

Persistent link: https://www.econbiz.de/10012454077

Sri Lanka Development Update 2021 : Economic and Poverty Impact of COVID-19

World Bank Group - 2021

Amid the Coronavirus (COVID-19) pandemic, Sri Lanka's economy contracted by 3.6 percent in 2020, the worst growth … second quarter helped contain the first wave of Coronavirus (COVID-19) successfully, but these measures hit sectors like … open despite a second wave of Coronavirus (COVID-19) infections. The special focus section of this edition discusses the …

Persistent link: https://www.econbiz.de/10012603661

COVID-19 and business renewal : lessons and insights from the global airline industry

Amankwah-Amoah, Joseph; Khan, Zaheer; Osabutey, Ellis L. C. - In: International business review : the official journal of … 30 (2021) 3, pp. 1-10

Persistent link: https://www.econbiz.de/10012506586

Effects of macroeconomic disturbances on the banking sector and equity markets in Sri Lanka : with special reference to civil war and COVID-19 pandemic

Wanniarachchige, Manjula Kumara - In: International journal of innovation & sustainable … 18 (2024) 1/2, pp. 71-90

Persistent link: https://www.econbiz.de/10014443543

The simple analytics of helicopter money : why it works - always

Buiter, Willem H. - 2014

The author provides a rigorous analysis of Milton Friedman's parable of the "helicopter" drop of money a permanent/irreversible increase in the nominal stock of fiat base money rate which respects the intertemporal budget constraint of the consolidated Central Bank and Treasury - the State....

Persistent link: https://www.econbiz.de/10010392960

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