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The run up to the 26th Climate Change Conference has brought tackling climate change to the fore of global policy making. In this context, the U.S. administration has recently unveiled new climate targets. This paper elaborates on the administration's plans and uses two models developed at the...
Persistent link: https://www.econbiz.de/10012795050
Using micro-data from household expenditure surveys, we document the evolution of consumption poverty in the United … poverty has not declined materially since the 1980s and even increased for the young. We then analyze which social and … economic factors help explain the extent of poverty in the U.S. using probit, tobit, and machine learning techniques. Our …
Persistent link: https://www.econbiz.de/10013170588
We show that macroprudential regulation can considerably dampen the impact of global financial shocks on emerging markets. More specifically, a tighter level of regulation reduces the sensitivity of GDP growth to VIX movements and capital flow shocks. A broad set of macroprudential tools...
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