Showing 1 - 10 of 424
We use (donut) regression discontinuity design and difference-in-differences estimators to estimate the impact of a one-shot hiring subsidy targeted at low-educated unemployed youths during the Great Recession recovery in Belgium. The subsidy increases job-finding in the private sector by 10...
Persistent link: https://www.econbiz.de/10014244086
advanced and 21 emerging economies. The paper documents significant global spillovers from both the expectations and term … premia components of long-term rates in the United States. We find that spillovers to domestic long-term rates in emerging … economies from the US expectations components tend to be more sizeable than those from the US term premia. Finally, spillovers …
Persistent link: https://www.econbiz.de/10012860570
suggests that monetary policy spillovers depend on banks' capital constraints. In particular, during a period of quantitative …
Persistent link: https://www.econbiz.de/10012858696
This paper investigates the impact of the Covid-19 pandemic on trade flows in the case of the European countries. First, an ARDL dynamic panel model is estimated using the PMG method to analyse monthly data covering the most recent period (2019M1-2021M12); then, the GMM and PCSE approaches are...
Persistent link: https://www.econbiz.de/10014080051
This paper empirically examines how the opening of K-12 schools and colleges is associated with the spread of COVID-19 using county-level panel data in the United States. Using data on foot traffic and K-12 school opening plans, we analyze how an increase in visits to schools and opening schools...
Persistent link: https://www.econbiz.de/10013239567
While the COVID-19 pandemic had a large and asymmetric impact on firms, many countries quickly enacted massive business rescue programs which are specifically targeted to smaller firms. Little is known about the effects of such policies on business entry and exit, factor reallocation, and...
Persistent link: https://www.econbiz.de/10013293851
Social distancing restrictions and health- and economic-driven demand shifts from COVID-19 are expected to shutter many small businesses and entrepreneurial ventures, but there is very little early evidence on impacts. This paper provides the first analysis of impacts of the pandemic on the...
Persistent link: https://www.econbiz.de/10013315288
This paper presents a dynamic model of a competitive R&D and production duopoly subject to knowledge spillovers. Two … planner prefer the R&Dcooperative strategy over the competitive one regardless of the intensity of knowledge spillovers …
Persistent link: https://www.econbiz.de/10010261135
spillovers between the energy and the non-energy sector, we show that the combination between environmental and knowledge …
Persistent link: https://www.econbiz.de/10010270521
-regional volatility spillovers among the Central European foreign exchange markets. With the exception of the Czech currency, we find no … significant spillovers running from euro/dollar to the Central European foreign exchange markets. To measure the overall magnitude … spillover index, and show that volatility spillovers tend to increase in periods characterized by market uncertainty. …
Persistent link: https://www.econbiz.de/10010270529