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Food Prices and the Multiplier Effect of Trade Policy

Giordani, Paolo - 2015

This paper studies the relationship between trade policy and food prices. We show that, when individuals are loss … averse, governments may use trade policy to shield the domestic economy from large food price shocks. This creates a … complementarity between the price of food in international markets and trade policy. Specifically, unilateral actions give rise to a …

Persistent link: https://www.econbiz.de/10013021787

Epidemics, Gender, and Human Capital in Developing Countries

Fabrizio, S.; Gomes, Diego; Meyimdjui, Carine; Mendes … - 2022

Epidemics have disrupted lives for centuries with deleterious human capital and economic repercussions. In this paper, we investigate how epidemics episodes have impacted school dropouts in developing countries, considering 623 epidemics episodes across countries from 1970 to 2019. Our estimates...

Persistent link: https://www.econbiz.de/10013306727

Monetary Policy Transmission and Financial Stability in a LIC : The Case of Bangladesh

Rafiq, Sohrab - 2016

This paper explores how monetary policy affects the real economy and its efficacy in promoting financial stability in a large low income country. This paper shows that monetary policy modestly impacts real economic activity and inflation via the bank lending and financial accelerator channels....

Persistent link: https://www.econbiz.de/10013002148

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

Fiscal Multipliers during Pandemics

Kinda, Tidiane; Lengyel, Andras; Chahande, Kaustubh - 2022

Persistent link: https://www.econbiz.de/10014079978

Finance Vaccine Equity : Funding for Day-Zero of the Next Pandemic

Agarwal, Ruchir; Reed, Tristan - 2022

A lack of timely financing for purchases of vaccines and other health products impeded the global response to the COVID-19 pandemic. Based on analysis of contract signature and delivery dates in COVID-19 vaccine advance purchase agreements, this paper finds that 60-75 percent of the delay in...

Persistent link: https://www.econbiz.de/10014082663

Seven Finance & Trade Lessons from COVID-19 for Future Pandemics

Agarwal, Ruchir; Gopinath, Gita - 2022

Pandemics and epidemics pose risks to lives, societies, and economies, and their frequency is expected to increase as rising trade and increased human interaction with animals leads to the emergence of new diseases. The COVID-19 pandemic teaches us that we can and must be better prepared, with...

Persistent link: https://www.econbiz.de/10014082953

Evolution of Remittances to CAPDR Countries and Mexico During the COVID-19 Pandemic

Babii, Aleksandra; Carare, Alina; Vasilyev, Dmitry; … - 2022

Traditional models relying on standard variables like the U.S. Hispanic unemployment rate fared well in explaining remittances to CAPDR and Mexico during the pre-pandemic period. However, they fail to predict the sustained growth in remittances since June 2020, including the significant increase...

Persistent link: https://www.econbiz.de/10014082955

Trade and the COVID-19 Pandemic : Lessons from French Firms

Brussevich, Mariya; Papageorgiou, Chris; Wibaux, Pauline - 2022

This paper uses granular customs data from France to investigate propagation of the COVID-19 shock along the supply chains in 2020. It quantifies the effect of the COVID-19 shock on trade adjustment and identifies mitigating and amplifying factors contributing to French firms’ heterogeneous...

Persistent link: https://www.econbiz.de/10014083506

Supply Spillovers During the Pandemic : Evidence from High-Frequency Shipping Data

Cerdeiro, Diego; Komaromi, Andras - 2021

World trade contracted dramatically during the global economic crisis induced by the COVID-19 pandemic. Disruptions in international supply chains were widely reported as governments imposed containment measures (lockdowns) to halt the spread of the disease. At the same time, demand declined as...

Persistent link: https://www.econbiz.de/10013250078