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Are Foreign Aid and Remittance Inflows a Hedge Against Food Price Shocks?

Combes, Jean-Louis - 2013

This paper explores the role of foreign aid and remittance inflows in the mitigation of the effects of food price shocks. Using a large sample of developing countries and mobilising dynamic panel data specifications, the econometric results yield two important findings. First, remittance and aid...

Persistent link: https://www.econbiz.de/10013091296

The Granular Origins of Macroeconomic Fluctuations in Europe

Ebeke, Christian - 2017

million firms and eight european countries (Austria, Belgium, Finland,France, Germany, Italy, Portugal and Spain), we find …

Persistent link: https://www.econbiz.de/10012942339

IMF-Supported Programs in Low Income Countries : Economic Impact Over the Short and Longer Term

Mumssen, Christian - 2014

This paper studies the short and longer-term impact of IMF engagement in Low-Income Countries (LICs) over nearly three decades. In contrast to earlier studies, we focus on a sample composed exclusively of LICs and disentangle the different effects of IMF longer-term engagement and short-term...

Persistent link: https://www.econbiz.de/10013054693

Dampening Global Financial Shocks : Can Macroprudential Regulation Help (More than Capital Controls)?

Bergant, Katharina - 2020

We show that macroprudential regulation can considerably dampen the impact of globalfinancial shocks on emerging … markets. More specifically, a tighter level of regulation reducesthe sensitivity of GDP growth to VIX movements and capital … andliquidity, foreign currency mismatches, and risky forms of credit. We also find that tightermacroprudential regulation allows …

Persistent link: https://www.econbiz.de/10012828057

A European Minimum Wage : Implications for Poverty and Macroeconomic Imbalances

Detragiache, Enrica - 2020

A hypothetical European Minimum Wage (MW) set at 60 percent of each country's median wage would reduce in-work poverty but have limited effects on overall poverty, as many poor households do not earn a wage near MW and higher unemployment, higher prices, and a loss of social insurance benefits...

Persistent link: https://www.econbiz.de/10012831607

COVID-19 Vaccines : A Shot in Arm for the Economy

Hansen, Niels-Jakob; Mano, Rui C. - 2022

We quantify the effect of vaccinations on economic activity in the United States using weekly county level data covering the period end-2020 to mid-2021. Causal effects are identified through instrumenting vaccination rates with county-level pharmacy density interacted with state-level vaccine...

Persistent link: https://www.econbiz.de/10013298749

Gender and Employment in the COVID-19 Recession : Evidence on “She-Cessions”

Bluedorn, John C.; Caselli, Francesca; Hansen, Niels-Jakob - 2022

Early evidence on the pandemic’s effects pointed to women’s employment falling disproportionately, leading observers to call a “she-cession.” This paper documents the extent and persistence of this phenomenon in a quarterly sample of 38 advanced and emerging market economies. We show...

Persistent link: https://www.econbiz.de/10013302778