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Did the COVID-19 Recession Increase the Demand for Digital Occupations in the United States? Evidence from Employment and Vacancies Data
Soh, Jiaming; Oikonomou, Myrto; Pizzinelli, Carlo; … - 2022
This paper investigates whether the COVID-19 recession led to an increase in demand for digital occupations in the United States. Using O*NET to capture the digital content of occupations, we find that regions that were hit harder by the COVID-19 recession experienced a larger increase in the...
Persistent link: https://www.econbiz.de/10014244425
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Migration, Search and Skill Heterogeneity
Oikonomou, Myrto - 2023
Cross-border migration can act as an important adjustment mechanism to country-specific shocks. Yet, depending on who moves, it can have unintended consequences for business cycle stability. This paper argues that the skill composition of migration plays a critical role. When migration flows...
Persistent link: https://www.econbiz.de/10014349765
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Economic Scarring : Channels and Policy Implications
Suphaphiphat, Nujin; Shi, Yu - 2022
This paper documents the existence of medium-to-long term output losses following large crises using panel data that cover 192 countries from 1970 to 2015 and shows that the magnitudes of economic scarring depend on the nature of the shock, economic activity, and pre-crisis conditions. It also...
Persistent link: https://www.econbiz.de/10014264534
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Automation, Skills and the Future of Work : What do Workers Think?
Mulas-Granados, Carlos - 2020
automation, especially in emerging markets. We find that negative perceptions about automation are prevalent among workers who … over automation are positively viewed by workers with higher levels of job satisfaction, higher educational attainment, and … from countries with stronger labor protection. Workers with positive perceptions of automation also tend to respond that re …
Persistent link: https://www.econbiz.de/10012843306
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Is Technology Widening the Gender Gap? Automation and the Future of Female Employment
Brussevich, Mariya - 2019
average, perform more routine tasks than men?tasks that are more prone to automation. To quantify the impact on jobs, we … relate data on task composition at work to occupation level estimates of probability of automation, controlling for a rich … workers are at a significantly higher risk for displacement by automation than male workers, with 11 percent of the female …
Persistent link: https://www.econbiz.de/10012868465
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Fiscal Multipliers During Pandemics
Kinda, Tidiane; Lengyel, Andras; Chahande, Kaustubh - 2022
Many countries have deployed substantial fiscal packages to cushion the economic fallout from the COVID-19 pandemic. A historical look at past pandemics and epidemics highlights concomitant public sector support in response to health crises. This paper assesses how fiscal multipliers could vary...
Persistent link: https://www.econbiz.de/10014079424
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Fiscal Multipliers during Pandemics
Kinda, Tidiane; Lengyel, Andras; Chahande, Kaustubh - 2022
Many countries have deployed substantial fiscal packages to cushion the economic fallout from the COVID-19 pandemic. A historical look at past pandemics and epidemics highlights concomitant public sector support in response to health crises. This paper assesses how fiscal multipliers could vary...
Persistent link: https://www.econbiz.de/10014079978
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Monetary Policy and COVID-19
Brzoza-Brzezina, Michal; Kolasa, Marcin; Makarski, Krzysztof - 2022
We study the macroeconomic effects of the COVID-19 epidemic in a quantitative dynamic general equilibrium setup with nominal rigidities. We evaluate various containment policies and show that they allow to dramatically reduce the welfare cost of the disease. Then we investigate the role that...
Persistent link: https://www.econbiz.de/10013298753
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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
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Sectoral Shocks and Spillovers : An Application to Covid-19
Das, Sonali; Wingender, Philippe; Pugacheva, Evgenia; … - 2022
supply and demand shocks—measured as changes in, respectively, productivity and government purchases at the sector level …
Persistent link: https://www.econbiz.de/10013305634