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Would a Euro's depreciation improve the French economy?

Magnani, Riccardo; Piccoli, Luca; Carré, Martine; … - 2017

In this paper, we use a Micro-Macro model to evaluate the effects of a euro's depreciation on the French economy, both … the two models is made using an iterative (or sequential) approach. We find that a 10% euro's depreciation stimulates the …

Persistent link: https://www.econbiz.de/10011738884

Decomposing poverty in hard times: Greece 2007-2016

Andriopoulou, Eirini; Kanavitsa, Eleni; Tsakloglou, Panos O. - 2020

The Greek economic crisis resulted in a decline in household disposable income by more than 40%. Even though all … population groups lost income in absolute terms, some were substantially more severely hit by the crisis. The paper examines the … effect of the crisis on the population shares, the mean incomes and the level of poverty of various population groups using …

Persistent link: https://www.econbiz.de/10012236497

Completing the monetary union of Europe as mid-term solution of the Euro crisis

Fischer, Justina A. V.; Pastore, Francesco - 2015

This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the … growth in Greece and discusses the role of conditionality. Finally, the important role of mid-left parties is highlighted. …

Persistent link: https://www.econbiz.de/10011308548

Deriving the new quantity equation : an approach for a closed and an open economy

Welfens, Paul J. J. - 2014

This theoretical contribution shows a simple way in which the quantity equation can be derived as a long-term equilibrium solution for the case of a closed economy and an open economy, respectively. It is shown first for the case of a closed economy which parameters stand behind "velocity" and...

Persistent link: https://www.econbiz.de/10010398774

The recovery from the Great Recession: a long, evolving expansion

Shambaugh, Jay C.; Strain, Michael R. - 2021

Prior to 2020, the Great Recession was the most important macroeconomic shock to the United States economy in generations. Millions lost jobs and homes. At its peak, one in ten workers who wanted a job could not find one. On an annual basis, the economy contracted by more than it had since the...

Persistent link: https://www.econbiz.de/10012405441

A literature review of the economics of COVID-19

Brodeur, Abel; Gray, David M.; Islam, Anik; Bhuiyan, … - 2020

The goal of this piece is to survey the emerging and rapidly growing literature on the economic consequences of COVID-19 and government response, and to synthetize the insights emerging from a very large number of studies. This survey (i) provides an overview of the data sets used to measure...

Persistent link: https://www.econbiz.de/10012242526

Intergenerational ties and case fatality rates : a cross-country analysis

Bayer, Christian; Kuhn, Moritz - 2020

COVID-19 is spreading and has reached the state of a worldwide pandemic and health systems are or will be tested in how they can deal with it. So far, during this early phase of the pandemic, outcomes in terms of case-fatality rates (CFR) differ widely across countries. We explore how...

Persistent link: https://www.econbiz.de/10012199226

Hartz IV and the decline of German unemployment : a macroeconomic evaluation

Hochmuth, Brigitte; Kohlbrecher, Britta; Merkl, Christian; … - 2019

This paper proposes a new approach to evaluate the macroeconomic effects of the Hartz IV reform in Germany, which reduced the generosity of long-term unemployment benefits. We use a model with different unemployment durations, where the reform initiates both a partial effect and an equilibrium...

Persistent link: https://www.econbiz.de/10011997295

Public employment agency reform, matching efficiency, and German unemployment

Merkl, Christian; Sauerbier, Timo - 2022

Our paper analyzes the role of public employment agencies in job matching, in particular the effects of the restructuring of the Federal Employment Agency in Germany (Hartz III labor market reform) for aggregate matching and unemployment. Based on two microeconomic datasets, we show that the...

Persistent link: https://www.econbiz.de/10013454807

Aggregate shocks and the formation of preferences and beliefs

Giuliano, Paola; Spilimbergo, Antonio - 2024

A growing body of work has shown that aggregate shocks affect the formation of preferences and beliefs. This article reviews evidence from sociology, social psychology, and economics to assess the relevance of aggregate shocks, whether the period in which they are experienced matters, and...

Persistent link: https://www.econbiz.de/10014580738