Showing 61 - 70 of 469
interpret the estimation results for start-ups in knowledge intensive sectors in a reliable way. The remaining firms serve as a …
Persistent link: https://www.econbiz.de/10001462371
Persistent link: https://www.econbiz.de/10001399838
Aggregate shocks that move output and inflation in opposite directions create a tradeoff between output and inflation variability, forcing central bankers to make a choice. Differences in the degree of accommodation of shocks lead to disparate variability outcomes, revealing national central...
Persistent link: https://www.econbiz.de/10012471355
The prevalence of shirking within a large Italian bank appears to be characterized by significant regional differentials. In particular, absenteeism and misconduct episodes are substantially more prevalent in the south. We consider a number of potential explanations for this fact: different...
Persistent link: https://www.econbiz.de/10012471366
infected cases, allowing for under-reporting. Estimation is based on a moment condition that can be derived from an agent … of lock-downs and support policies on the transmission rates. The full set of estimation results and the replication …
Persistent link: https://www.econbiz.de/10012510508
This paper assesses the quantitative importance of including sectoral heterogeneity in computing the gains from trade. Our framework draws from Caliendo and Parro (2015) and has sectoral heterogeneity along five dimensions, including the elasticity of trade to trade costs. We estimate the...
Persistent link: https://www.econbiz.de/10012479265
suggest that direct investments in low-income children's health and education have historically had the highest MVPFs, on … amongst children of all ages, rather than observing diminishing marginal returns throughout childhood. We find smaller MVPFs … particular if they induced large spillovers on children. We relate our estimates to existing theories of optimal government …
Persistent link: https://www.econbiz.de/10012480090
We estimate a model of damage to corporate earnings from COVID-19. An unexpected pandemic lowers current earnings due to costly mitigation and reduces growth rates. Damage depends on the expected arrival of a vaccine that reverts earnings to normal. Using this model, we infer from analysts'...
Persistent link: https://www.econbiz.de/10012481132
This paper develops a threshold-augmented dynamic multi-country model (TGVAR) to quantify the macroeconomic effects of Covid-19. We show that there exist threshold effects in the relationship between output growth and excess global volatility at individual country levels in a significant...
Persistent link: https://www.econbiz.de/10012481159
This paper addresses the economic impact of the COVID-19 pandemic by providing timely and accurate information on the impact of the current pandemic on income and poverty to inform the targeting of resources to those most affected and assess the success of current efforts. We construct new...
Persistent link: https://www.econbiz.de/10012481277