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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/10012582202
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/10014322048
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/10013183698
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/10014530431
, which have been followed by a lasting crisis. The paper analyses the role of a high degree of regional heterogeneity for … public debt and monetary policy in the context of crisis. It is shown for Japan that the attempts to maintain regional … across Japanese regions pre- and post-crisis. The side condition is monetary expansion. A similar effect could emerge in …
Persistent link: https://www.econbiz.de/10011476067
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/10012030889
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/10011822879
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/10011384358
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/10010347040
Given the importance of firm strategic management in time of crises, this study investigates Micro, Small, and Medium Enterprises (MSMEs) survival strategies during the international sanctions against Iran. Using data from a questionnaire of 486 firms between December 2019 to September 2020, we...
Persistent link: https://www.econbiz.de/10012815811