Narrow search
Showing 1 - 10 of 570
Cover Image
COVID-19 and SME Failures
Gourinchas, Pierre-Olivier - 2020
We estimate the impact of the COVID-19 crisis on business failures among small and medium size enterprises (SMEs) in seventeen countries using a large representative firm-level database. We use a simple model of firm cost-minimization and measure each firm's liquidity shortfall during and after...
Persistent link: https://www.econbiz.de/10012481180
Cover Image
Large Countries, Small Countries, and the Enlargement of Trade Blocs
Casella, Alessandra - 1995
prediction is clear, but the empirical analysis of trade flows towards Spain and Portugal after their 1986 entry into the …
Persistent link: https://www.econbiz.de/10012473504
Cover Image
Political Credit Cycles : The Case of the Euro Zone
Fernandez-Villaverde, Jesus - 2013
process in Greece, Spain, Ireland, and Portugal and, by way of contrast, in Germany, a country that did experience a reform …
Persistent link: https://www.econbiz.de/10012459762
Cover Image
The Transmission Mechanism of Monetary Policy in Europe : Evidence from Banks' Balance Sheets
Favero, Carlo A. - 1999
implement a case-study on the response of banks in France, Germany, Italy and Spain to a monetary tightening. The episode we …
Persistent link: https://www.econbiz.de/10012471558
Cover Image
MPC Heterogeneity in Europe : Sources and Policy Implications
Ampudia, Miguel - 2018
France while expansions have a larger impact in Italy and Spain …
Persistent link: https://www.econbiz.de/10012480733
Cover Image
Is Poland the Next Spain?
Caselli, Francesco - 2005
We revisit Western Europe's record with labor-productivity convergence, and tentatively extrapolate its implications for the future path of Eastern Europe. The poorer Western European countries caught up with the richer ones through both higher rates of physical capital accumulation and greater...
Persistent link: https://www.econbiz.de/10012467642
Cover Image
The Unequal Cost of Job Loss across Countries
Bertheau, Antoine; Acabbi, Edoardo; Barceló, Cristina; … - National Bureau of Economic Research - 2022
and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal …
Persistent link: https://www.econbiz.de/10012938696
Cover Image
COVID-19 and SMEs : A 2021 "Time Bomb"?
Gourinchas, Pierre-Olivier; Kalemli-Ozcan, Sebnem; … - National Bureau of Economic Research - 2021
This paper assesses the prospects of a 2021 time bomb in SME failures triggered by the generous support policies enacted during the 2020 COVID-19 crisis. Policies implemented in 2020, on their own, do not create a 2021 "time-bomb" for SMEs. Rather, business failures and policy costs remain...
Persistent link: https://www.econbiz.de/10012482634
Cover Image
A Wolfram in Sheep's Clothing : U.S. Economic Warfare in Spain, 1940-1944
Caruana, Leonard - 2001
One of the most sustained uses of economic warfare by the United States occurred in Spain during WWII. We provide an … battles: (1) an oil embargo against Spain in the summer of 1940, (2) pre-emptive buying of wolfram (tungsten ore) during the … when Germany was going from victory to victory, was successful in helping keep Spain neutral because it forced the Franco …
Persistent link: https://www.econbiz.de/10012470668
Cover Image
Nonlinearities in Sovereign Risk Pricing : The Role of CDS Index Contracts
Delatte, Anne-Laure - 2014
Is the pricing of sovereign risk linear during bearish episodes? Or can initial shocks on economic fundamentals be exacerbated by endogenous factors that create nonlinearities? We test for nonlinearities in the sovereign bond market of European peripheral countries during the debt crisis and...
Persistent link: https://www.econbiz.de/10012458679