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Will Working from Home Stick in Developing Economies?

Conesa Martinez, Marina; Narita, Futoshi; Papageorgiou, … - 2023

about 500 respondents per country. An estimated income discount associated with telework disappeared temporarily at the … onset of the pandemic. A calibrated model indicates that workers’ preferences to telework may largely depend on their … educational attainments. Whether telework will sustain in these countries could depend on obstacles to telework, particularly for …

Persistent link: https://www.econbiz.de/10014350157

Guilt, Gender, and Work-Life Balance in Japan : A Choice Experiment

Aoyagi, Chie - 2020

The quantification of how aspects of a job are valued by employees sheds light on the potential for labor market reform in Japan. Using a nationwide sample of 1,046 working-age adults, we conduct a choice experiment that examines individuals' willingness to trade wages against job...

Persistent link: https://www.econbiz.de/10012843515

COVID-19 and Emerging Markets : An Epidemiological Model with International Production Networks and Capital Flows

Çakmaklı, Cem - 2020

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

The Sooner (and the Smarter), the Better : COVID-19 Containment Measures and Fiscal Responses

Hosny, Amr - 2021

This paper finds empirical evidence that faster and smarter containment measures were associated with lower fiscal responses to the COVID-19 shock. We also find that initial conditions, such as fiscal space, income, health preparedness and budget transparency were important in shaping the amount...

Persistent link: https://www.econbiz.de/10013226437

Corporate Liquidity and Solvency in Europe During COVID-19 : The Role of Policies

Ebeke, Christian; Jovanovic, Nemanja; Valderrama, Laura; … - 2021

The spread of COVID-19, containment measures, and general uncertainty led to a sharp reduction in activity in the first half of 2020. Europe was hit particularly hard—the economic contraction in 2020 is estimated to have been among the largest in the world—with potentially severe...

Persistent link: https://www.econbiz.de/10013226439

Pandemics and Inequality : Perceptions and Preferences for Redistribution

Balasundharam, Vybhavi; Dabla-Norris, Era - 2021

This paper uses an individual-level survey conducted by the Edelman Trust Barometer in mid-April for 11 advanced and emerging market economies to examine perceptions of government performance in managing the health and economic crisis, beliefs about the future, and attitudes about...

Persistent link: https://www.econbiz.de/10013226442

Handle with Care : Regulatory Easing in Times of COVID-19

Valencia, Fabián; Varghese, Richard; Yao, Weija; … - 2021

The policy response to the COVID-19 shock included regulatory easing across many jurisdictions to facilitate the flow of credit to the economy and mitigate a further ampli-fication of the shock through tighter financial conditions. Using an intraday event study,this paper examines how stock...

Persistent link: https://www.econbiz.de/10013226445

What Drives Innovation? Lessons from COVID-19 R&D

Agarwal, Ruchir; Gaule, Patrick - 2021

To examine the drivers of innovation, this paper studies the global R&D effort to fight the deadliest diseases and presents four results. We find: (1) global pharmaceutical R&D activity—measured by clinical trials—typically follows the ‘law of diminishing effort’: i.e. the elasticity of...

Persistent link: https://www.econbiz.de/10013226446

Capital Markets, COVID-19 and Policy Measures

ElFayoumi, Khalid; Hengge, Martina - 2021

The COVID-19 pandemic and associated policy responses triggered a historically large wave of capital reallocation between markets and asset classes. Using high-frequency country-level data, this paper examines if and how the number of COVID cases, the stringency of the lockdown, and the fiscal...

Persistent link: https://www.econbiz.de/10013234704

Corporate Vulnerabilities in Vietnam and Implications of COVID-19

Kroeger, Thilo; Nguyen, Anh Thi Ngoc; Zhang, Y. Sophia; … - 2021

The paper uses firm-level data to assess the financial health of the Vietnamese non-financial corporate sector on the eve of pandemic. Our analysis finds that smaller domestic firms were particularly vulnerable even by regional comparison. A sensitivity analysis suggests that the COVID-19 shock...

Persistent link: https://www.econbiz.de/10013249409

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