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Drivers of Post-COVID Private Consumption in the U.S

Dao, Mai - 2024

Private consumption in the U.S. has recovered swiftly from the pandemic trough and has been running above the pre-pandemic trend even as interest rates rose sharply. This paper examines the underlying drivers for this strong growth in consumption. Using both state- and household-level data, we...

Persistent link: https://www.econbiz.de/10015080297

Feeling Rich, Feeling Poor: Housing Wealth Effects and Consumption in Europe

Cevik, Serhan - 2023

Households across Europe are struggling with a double crisis-the worst inflation shock since the World War II and a sudden correction in house prices. There is a rich literature on how housing price cycles affect consumer spending, finding mixed results with a wide range of consumption responses...

Persistent link: https://www.econbiz.de/10015058864

Dining and Wining During the Pandemic? A Quasi-Experiment on Tax Cuts and Consumer Spending in Lithuania

Cevik, Serhan - 2023

Could temporary tax cuts stimulate consumer spending? Sector-specific measures to the COVID-19 pandemic provides a quasi-experimental variation in consumption patterns to infer a causal effect of tax policy changes. Using a novel dataset of daily debit and credit card transactions, this paper...

Persistent link: https://www.econbiz.de/10015059089

Show Me the Money: Tracking Consumer Spending with Daily Card Transaction Data During the Pandemic

Cevik, Serhan - 2022

The COVID-19 pandemic has been an unprecedented shock to economic activity with abrupt and unexpected changes in household consumption behavior. This paper investigates how the spread of the pandemic and government interventions have affected consumer spending using daily card transaction data...

Persistent link: https://www.econbiz.de/10015059940

Employment Effects of Growth Rebalancing in China

International Monetary Fund (IMF); International … - 2009

This paper gauges the potential effects on employment of rebalancing China's exportoriented growth model toward … employment and employment opportunities in the longer term, there could be employment losses in the short run as the economy … policies to cushion the employment impact in the transition, particularly in meeting the skills gap of associated with this …

Persistent link: https://www.econbiz.de/10008528632

Real and Financial Sector Linkages in China and India

Aziz, Jahangir - 2008

explaining China's and India's growth. Specific financial sector policies are shown to map well the size and changes in the …

Persistent link: https://www.econbiz.de/10012677577

Mind the Gap - Is Economic Growth in India Leaving Some States Behind?.

Purfield, Catriona - 2006

Intro -- Contents -- I. INTRODUCTION -- II. STYLIZED FACTS ABOUT GROWTH IN INDIA -- III. DO POLICIES MATTER? -- IV …

Persistent link: https://www.econbiz.de/10012691090

Inflation and income inequality : is food inflation different?

Walsh, James P.; Yu, Jiangyan - 2012

There is an extensive literature noting that high inflation can add to income inequality, and a parallel literature assessing the effect of rising food prices on the poor. This paper attempts to combine these strands by dividing inflation into food and nonfood inflation and assessing whether...

Persistent link: https://www.econbiz.de/10009618580

Accelerating and sustaining growth : economic and political lessons

Virmani, Arvind - 2012

dangers and reasons for India's growth slowdown and proposes policy reforms for sustaining fast growth …

Persistent link: https://www.econbiz.de/10009620975

Advancing India’s Structural Transformation and Catch-up to the Technology Frontier

Alonso, Cristian - 2024

consider India’s employment challenge going forward. We find that India needs to create between 143-324 million jobs by 2050 …While India’s growth has been strong in recent decades, its structural transformation remains incomplete. In this paper …, we first take stock of India’s growth to date. We find that economic activity has shifted from agriculture to services …

Persistent link: https://www.econbiz.de/10015080244