Showing 1 - 10 of 2,363
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
booms. Counterfactual simulations lead to the identification of a novel "economic policy uncertainty spillovers channel …We estimate a nonlinear VAR to quantify the impact of economic policy uncertainty shocks originating in the US on the … in Canada is shown to react to uncertainty shocks in economic busts only. Such shocks explain about 13% of the variance …
Persistent link: https://www.econbiz.de/10011862894
The risk of recurrent outbreaks following the main waves of a pandemic has been acknowledged. We provide evidence of … the scale and duration of this outbreak risk. We compile municipal public health records and use national data to model … eight major UK cities, we find elevated mortality risk that persists for nearly two decades. The generality of the findings …
Persistent link: https://www.econbiz.de/10012698777
local employment. Our results point to local spillovers between SMEs that were PPP recipients and large importers as being …
Persistent link: https://www.econbiz.de/10013342896
focusing on the macroeconomic effects of uncertainty spillovers and global uncertainty. The last part proposes a novel measure …-specific) uncertainty and offers ten main takeaways. The second part reviews contributions on the fast-growing strand of the literature … of global financial uncertainty and shows that its unexpected variations are associated to statistically and economically …
Persistent link: https://www.econbiz.de/10012119543
We estimate a three-variate VAR using proxies of global financial uncertainty, the global financial cycle, and world … outbreak. We predict the cumulative loss in world output one year after the uncertainty shock due to Covid-19 to be about 14%. … industrial production to simulate the effects of the jump in financial uncertainty observed in correspondence of the Covid-19 …
Persistent link: https://www.econbiz.de/10012213164
with endogenous dynamics for the pandemic. There are three main results. First, the macroeconomic effects of the epidemic …
Persistent link: https://www.econbiz.de/10012258268
We measure the economic risk of COVID-19 at a geo-spatially detailed resolution. In addition to data about the current … prevalence of confirmed cases, we use data from 2014-2018 and a conceptual disaster risk model to compute measures for exposure …, vulnerability, and resilience of the local economy to the shock of the epidemic. Using a battery of proxies for these four concepts …
Persistent link: https://www.econbiz.de/10012231556
This paper analyses the direct and indirect trade volume and trade cost effects of uncertainty on international trade … to 2018. Our results suggest that an increase in unilateral uncertainty affects average trade costs in a heterogeneous … manner, depending on whether the uncertainty originates from the importing or exporting country. Moreover, using a cross …
Persistent link: https://www.econbiz.de/10013550200
effectiveness for the home country and their spillovers to other countries. We develop a model to show that under these …
Persistent link: https://www.econbiz.de/10011602603