Showing 1 - 10 of 351
context of the COVID-19 crisis in Germany. Employment responses differed widely across local labour markets, with differences … difference-in-differences approach with a continuous treatment, we find that pre-crisis digital capital potential reduced short …
Persistent link: https://www.econbiz.de/10014574306
This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich … globally engaged firms is their heightened response to the crisis by finding novel ways to adapt supply chains even in the …
Persistent link: https://www.econbiz.de/10013266676
We investigate how preferences have been affected by exposure to the COVID-19 crisis. Our main contributions are: first … effects of the crisis, we also analyze within each wave during the crisis, how differential exposure to the crisis in the … health and financial domain affects preferences. We find that preferences remain remarkably stable during the crisis …
Persistent link: https://www.econbiz.de/10014377569
crisis. Using common factor analysis, we demonstrate that people’s lives are mainly affected in two ways: First, a notable …. Second, many people suffer from socio-economic consequences of the crisis, including a discontinuation of employment, a …
Persistent link: https://www.econbiz.de/10012582101
We analyse the background of the Greek debt crisis and evaluate the three Greek financial assistance programme. The … crisis and the first programme’s (2010-11) failure were mainly the result of misguided internal policies. The second …
Persistent link: https://www.econbiz.de/10011388264
Building on the framework put forward by Delli Gatti et al. 2011, in this paper we present and discuss a Macroeconomic Agent-Based Model with Capital and Credit (hereafter CC-MABM). The novelty of this model with respect to the previous framework consists in the introduction of capital goods...
Persistent link: https://www.econbiz.de/10010352411
regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to … annual data from 1999 to 2011 drawn from 132 countries. The probability of a financial crisis fits an inverted U-shaped curve …
Persistent link: https://www.econbiz.de/10012052830
We investigate the welfare implications of two pre-crisis immigration waves (1991–2000 and 2001–2010) and of the post-crisis … across countries and across skill groups. In relative terms, the post-crisis wave induces smaller welfare gains compared to …
Persistent link: https://www.econbiz.de/10011872049
I review the state of the art of the academic theoretical and empirical literature on the potential trade-off between competition and stability in banking. There are two basic channels through which competition may increase instability: by exacerbating the coordination problem of...
Persistent link: https://www.econbiz.de/10010270643
automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional …
Persistent link: https://www.econbiz.de/10010273818