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Flexibility of adjustment to shocks : economic growth and volatility of middle-income countries before and after the Global Financial Crisis of 2008
Aizenman, Joshua; Jinjarak, Yothin; Estrada, Gemma; … - 2017
The pronounced and persistent impact of the global financial crisis of 2008 motivates our empirical analysis of the role of institutions and macroeconomic fundamentals on countries' adjustment to shocks. Our empirical analysis shows that the associations of growth level, growth volatility,...
Persistent link: https://www.econbiz.de/10011754881
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The political economy of the Covid-19 fiscal stimulus packages of 2020
Aizenman, Joshua; Jinjarak, Yothin; Nguyen, Hien Thi Kim; … - 2021
of the politics and political-economy considerations that led to the specific content of each fiscal program will have to …
Persistent link: https://www.econbiz.de/10012628797
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International reserves before and after the global crisis : is there no end to hoarding?
Aizenman, Joshua; Cheung, Yin-Wong; Itō, Hiro - 2015
international reserves (IR). We confirm that the determinants of IR hoarding evolve with developments in the global economy. During …. Developed countries display different demand behaviors for IRs. Our predictive exercise affirms that an emerging market economy …
Persistent link: https://www.econbiz.de/10010490278