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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 overview of this episode based on the secondary literature and new research in the Spanish archives. We focus on three key battles: (1) an oil embargo against Spain in the summer...

Persistent link: https://www.econbiz.de/10012470668

What Hides Behind an Umemployment Rate : Comparing Portuguese and U.S. Unemployment

Blanchard, Olivier - 1998

Over the last 15 years, Portugal and the United States have had the same average unemployment rate, about 6.5%. But … behind these similar rates hide two very different labor markets. Unemployment duration in Portugal is more than three times … that of the United States. Symmetrically, the flow of workers into unemployment in Portugal is, in proportion to the labor …

Persistent link: https://www.econbiz.de/10012472174

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

International Business Travel and Technology Sourcing

Hovhannisyan, Nune - 2019

, compared to Portugal's Algarve region …

Persistent link: https://www.econbiz.de/10012479811

The China Shock and Employment in Portuguese Firms

Branstetter, Lee G. - 2019

This paper considers the effects of Chinese import competition on firm-level labor market outcomes in Portugal. We … examine direct competition in the Portuguese market and indirect competition Portugal's largest export markets in Western … export markets, but minimal effects of direct competition in Portugal. Our findings also suggest a centrally important role …

Persistent link: https://www.econbiz.de/10012480196

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

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

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

Measuring What Employers Really Do about Entry Wages over the Business Cycle

Martins, Pedro S. - 2010

jobs. We illustrate the methodology by applying it to data from an annual census of employers in Portugal over the period … 1982-2007. We find that real entry wages in Portugal over this period tend to be about 1.8 percent higher when the …

Persistent link: https://www.econbiz.de/10012462888

The Timing of Labor Demand

Cardoso, Ana Rute - 2008

Portugal from 1995-2004, we describe temporal patterns of firms' demand for labor and estimate production-functions and …

Persistent link: https://www.econbiz.de/10012464082