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poverty and inequality in India during the pandemic. We have three main findings. First, India has made significant progress … in reducing poverty in recent decades, but the economic downturn associated with the COVID-19 pandemic is estimated to … significant role in mitigating the increase in poverty during the pandemic …
Persistent link: https://www.econbiz.de/10014349469
We quantify the macroeconomic effects of COVID-19 for a small open economy by calibrating a SIR-multi-sector-macro model. We measure sectoral supply shocks utilizing teleworking and physical job proximity, and demand shocks with credit card purchases. Both shocks are also affected from changing...
Persistent link: https://www.econbiz.de/10012826004
A universal testing and isolation policy is the most viable way to vanquish a pandemic. Its implementation requires: (i … economic fallout of the pandemic …
Persistent link: https://www.econbiz.de/10012827589
Child poverty increased dramatically during the COVID-19 pandemic. In 2020 alone, the number of children suffering from … potential scarring effect of the pandemic, policies should be deployed to reduce rapidly the number of children affected by …
Persistent link: https://www.econbiz.de/10014344162
The COVID-19 pandemic had posed a dramatic impact on labor markets across Europe. Forceful fiscal responses have … those schemes in stabilizing household income during the pandemic across European countries. Empirical evidence shows that … market income shocks—almost doubling the extent of the automatic stabilization of the pre-pandemic tax and benefit systems …
Persistent link: https://www.econbiz.de/10014254891
Many countries have deployed substantial fiscal packages to cushion the economic fallout from the COVID-19 pandemic. A … cumulative fiscal multipliers one year after a health crisis is about twice larger than during normal times, particularly in … advanced economies. These results suggest that large-scale fiscal support deployed at the onset of the COVID-19 pandemic could …
Persistent link: https://www.econbiz.de/10014079424
Many countries have deployed substantial fiscal packages to cushion the economic fallout from the COVID-19 pandemic. A … cumulative fiscal multipliers one year after a health crisis is about twice larger than during normal times, particularly in … advanced economies. These results suggest that large-scale fiscal support deployed at the onset of the COVID-19 pandemic could …
Persistent link: https://www.econbiz.de/10014079978
, when pandemic-specific factors played a key role above and beyond demand. Prediction errors from a multilateral import … demand model in 2020 vary systematically with the health preparedness of trade partners, suggesting that pandemic … spillovers accounted for up to 60 percent of the observed decline in trade in the early phase of the pandemic, but their effect …
Persistent link: https://www.econbiz.de/10014081240
-19 pandemic. Based on analysis of contract signature and delivery dates in COVID-19 vaccine advance purchase agreements … line. A pandemic Advance Commitment Facility with access to a credit line on day-zero of the next pandemic could allow low … and discusses how the credit would complement other proposals to strengthen the financing architecture for pandemic …
Persistent link: https://www.econbiz.de/10014082663
remittances to CAPDR and Mexico during the pre-pandemic period. However, they fail to predict the sustained growth in remittances … pandemic support), U.S. states mobility, and COVID-19 infections at home. The paper also analyses what role the change in the …
Persistent link: https://www.econbiz.de/10014082955