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per capita) mediated by product vulnerabilities. We account for the precise lag between when the COVID-19 shock hit the … a lower degree of complexity negatively affected exports as a result of this shock. …
Persistent link: https://www.econbiz.de/10013167964
We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within...
Persistent link: https://www.econbiz.de/10012211549
Using the measures proposed by Mink et al. (2012), we reexamine the coherence of business cycles in the euro area using a long sample period. We also analyze the impact of the COVID-19 pandemic on business cycle coherence and examine whether our measures for business cycle coherence indicate a...
Persistent link: https://www.econbiz.de/10013168003
Since Gabaix (2011), the role of changes in the performance of some very large firms in shaping aggregate outcomes has been intensively studied in the economic literature. Changes in the performance of a few large firms can arise due to idiosyncratic shocks or idiosyncratic reactions to common...
Persistent link: https://www.econbiz.de/10013287997
the COVID-19 shock translates into a noticeable reduction in gross labor income across the entire income distribution …
Persistent link: https://www.econbiz.de/10012383744
factors from trade-related spillovers, and identify the Covid-19 shock using GDP growth forecast revisions of the IMF in 2020Q …
Persistent link: https://www.econbiz.de/10012293790
explain not only the spread of the disease, but also cross-country spillovers in perceptions about coronavirus risk and in … social distancing behavior. In the early phases of the pandemic, perceptions of coronavirus risk in most countries are …
Persistent link: https://www.econbiz.de/10012263745
networks. In this paper we incorporate production barriers induced by COVID-19 shock into a Ricardian model with sectoral … shock has a considerable impact on most economies in the world, especially when a share of the labor force is quarantined …. Moreover, we show that global production linkages have a clear role in magnifying the effect of the production shock. Finally …
Persistent link: https://www.econbiz.de/10012194678
This study is, to the best of our knowledge, the first analysis of apprenticeship supply that allows us to analyse the effects of the shutdowns triggered by the COVID-19 pandemic before, during and after these shutdowns by means of daily searches for vacant apprenticeships. Analysing over 10...
Persistent link: https://www.econbiz.de/10012510140
pandemic were a negative supply shock, and the residual structural factors were a positive demand shock. The resulting excess …
Persistent link: https://www.econbiz.de/10015057719