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Countercyclical Fiscal Policy and Gender Employment : Evidence from the G-7 Countries
Akitoby, Bernardin - 2019
Would countercyclical fiscal policy during recessions improve or worsen the gender employment gap? We give an answer to … this question by exploring the state-dependent impact of fiscal spending shocks on employment by gender in the G-7 … shock would improve the female share of employment by 0.28 percentage point during recessions. Our findings are driven by …
Persistent link: https://www.econbiz.de/10012892913
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Exploring the Output Effect of Fiscal Policy Shocks in Low Income Countries
Honda, Jiro - 2020
statistically significant output effect under floating exchange rate regimes. For the estimation of the output effects of fiscal …
Persistent link: https://www.econbiz.de/10012831612
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Gender and Employment in the COVID-19 Recession : Evidence on “She-Cessions”
Bluedorn, John C.; Caselli, Francesca; Hansen, Niels-Jakob - 2022
to two-thirds exhibiting larger declines in women’s than men’s employment rates. These gender differences in COVID-19’s … related to COVID-19’s impacts on gender shares in employment within sectors …Early evidence on the pandemic’s effects pointed to women’s employment falling disproportionately, leading observers to …
Persistent link: https://www.econbiz.de/10013302778
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Macroeconomic Effects of Government Spending Shocks : New Evidence Using Natural Disaster Relief in Korea
Yang, Weonho - 2012
We investigate the macroeconomic effects of government spending shocks in Korea. We compare results obtained with two alternative approaches: the narrative approach and Structural Vector-Autoregressive model (SVAR). We propose a new methodology for identifying exogenous and unexpected fiscal...
Persistent link: https://www.econbiz.de/10013100013
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Commodity Price Shocks and Fiscal Outcomes
Spatafora, Nicola - 2013
The experience of developing countries over 1990-2010 indicates that commodity prices have a significant impact on fiscal outcomes. Both revenue and expenditure rise in response to commodity (import or export) price increases; the response of the fiscal deficit is ambiguous. A floating exchange...
Persistent link: https://www.econbiz.de/10013090367
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Macroeconomic Effects of Sovereign Restructuring in a Monetary Union : A Model-Based Approach
Forni, Lorenzo - 2014
We assess the macroeconomic effects of a sovereign restructuring in a small economy belonging to a monetary union by simulating a dynamic general equilibrium model. In line with the empirical evidence, we make the following three key assumptions. First, sovereign debt is held by domestic agents...
Persistent link: https://www.econbiz.de/10013059858
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Imported Food Price Shocks and Socio-Political Instability : Do Fiscal Policy and Remittances Matter?
Meyimdjui, Carine - 2021
Using a panel of 101 low- and middle-income countries with data covering the period 1980-2012, this paper applies various econometric approaches that deal with endogeneity issues to assess the impact of food price shocks on socio-political instability once fiscal policy and remittances have been...
Persistent link: https://www.econbiz.de/10013252035
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The (Subjective) Well-Being Cost of Fiscal Policy Shocks
Eklou, Kodjovi - 2020
Do discretionary spending cuts and tax increases hurt social well-being? To answer this question, we combine subjective well-being data covering over half a million of individuals across 13 European countries, with macroeconomic data on fiscal consolidations. We find that fiscal consolidations...
Persistent link: https://www.econbiz.de/10012840601
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International Fiscal-Financial Spillovers : The Effect of Fiscal Shocks on Cross-Border Bank Lending
Choi, Sangyup - 2019
This paper sheds new light on the degree of international fiscal-financial spillovers by investigating the effect of domestic fiscal policies on cross-border bank lending. By estimating the dynamic response of U.S. cross-border bank lending towards the 45 recipient countries to exogenous...
Persistent link: https://www.econbiz.de/10012864117
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Fiscal Stimulus Impact on Firms' Profitability During the Global Financial Crisis
Correa-Caro, Carolina - 2019
Using financial statement data from the Thomson Reuter's Worldscope database for 22,333 non-financial firms in 52 advanced and emerging economies, this paper examines how fiscal stimulus (i.e., changes in structural deficit) interacted with sectoral business cycle sensitivity affected corporate...
Persistent link: https://www.econbiz.de/10012895130