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In this work we develop an agent-based model where hysteresis in major macroeconomic variables (e.g. GDP, productivity, unemployment) emerges out of the decentralized interactions of heterogenous firms and workers. Building upon the model in Dosi et al. (2016, 2017), we specify an endogenous...
Persistent link: https://www.econbiz.de/10012113688
metrics were able to predict the Great Recession and the economic slowdown in Europe just prior to the COVID pandemic. …
Persistent link: https://www.econbiz.de/10012610842
optimism about the resilience of the economy. Further disaggregating employment into different types of jobs such as self …
Persistent link: https://www.econbiz.de/10012222169
This paper explores the impact of financial and legal obstacles that affect small and medium enterprises (SMEs) in middle-income East Asian countries by utilizing the most recent and unique dataset from the World Bank Enterprise Surveys. We particularly assess whether and at what level the...
Persistent link: https://www.econbiz.de/10012672284
deteriorated across time points during the economic recession in Athens, Greece. The study focused on 13 areas where off-street and … recession began) and in 2013 and 2019 (i.e. at time points during the recession). Self-reported physical and mental health … economic recession and sex workers' self-reported physical and mental health. …
Persistent link: https://www.econbiz.de/10012610882
decisions of SMEs have been affected by credit constraints in the wake of the Great Recession. Variability in banks’ financial …
Persistent link: https://www.econbiz.de/10012130309
We present an exploratory machine learning analysis of populist votes at municipality level in the 2018 Italian general elections, in which populist parties gained almost 50% of the votes. Starting from a comprehensive set of local characteristics, we use an algorithm based on BIC to obtain a...
Persistent link: https://www.econbiz.de/10012140019
to the Great Recession. Cyclical working-time reductions are again a major factor in safeguarding employment. Whereas … during the Great Recession all working-time instruments contributed to the reduction in working time, short-time work (STW …
Persistent link: https://www.econbiz.de/10012512274
This study examines how instant online video sharing affects artists' musical streams during the pandemic. On average, the use of the TikTok app significantly increases artists' streams, by approximately 5%. This increase is even higher for male, European and dj Mag 2020 new entry artists.
Persistent link: https://www.econbiz.de/10012816850
We propose a regional inequality-based mechanism to explain the heterogeneity in the spread of Covid-19 and test it using data from India. We argue that an area characterized by coreperiphery economic structure creates regional inequality in which the periphery remains dependent on the core for...
Persistent link: https://www.econbiz.de/10012803552