Showing 1 - 10 of 335
Corporate sector vulnerabilities have been a central policy topic since the outset of the COVID-19 pandemic. In this paper, we analyze some 17,000 publicly listed firms in a sample of 24 countries, and assess their ability to withstand shocks induced by the pandemic to their liquidity, viability...
Persistent link: https://www.econbiz.de/10012605125
We use high-frequency indicators to analyze the economic impact of COVID-19 in Europe and the United States during the early phase of the pandemic. We document that European countries and U.S. states that experienced larger outbreaks also suffered larger economic losses. We also find that the...
Persistent link: https://www.econbiz.de/10012299321
Abstract What do climate change, global financial crises, pandemics, and fragility and conflict have in common? They … are all examples of global risks that can cross geographical and generational boundaries and whose mismanagement can … reverse gains in development and jeopardize the well-being of generations. Managing risks such as these becomes a global …
Persistent link: https://www.econbiz.de/10014411688
In the wake of the COVID-19 crisis, governments around the world announced unprecedented fiscal packages to address the … international organizations attempted to assess the "greenness" of the fiscal policy response of the world's largest economies. This …
Persistent link: https://www.econbiz.de/10012796277
On the basis of economic theory, what effects can globalisation be expected to have on trade and growth? Does the empirical evidence support this? What developments will the next phase of globalisation bring?
Persistent link: https://www.econbiz.de/10009626636
Persistent link: https://www.econbiz.de/10003842588
Abstract In this paper we ask whether countries can influence their exposure to changes in global financial conditions …. Specifically, we show that even though we can model cross-country capital flows via a global factor that closely tracks changes in … global financial conditions, there is a large degree of heterogeneity in the sensitivity of each country to this same global …
Persistent link: https://www.econbiz.de/10012518283
Economic recovery post-COVID-19 will be structured around answering a number of fundamental questions. It is necessary to take stock of the extent of the recovery and of the transformation our economies have experienced in the last year and a half.
Persistent link: https://www.econbiz.de/10013040775
Unpaid work carried out inside the home has increased in the pandemic, and evidence points to women’s share in care responsibilities and domestic tasks remaining higher than those of men in the pandemic, continuing the gender divides of past decades.
Persistent link: https://www.econbiz.de/10012672316
Too much blood in terms of unemployment and sweat in terms of intellectual effort has been spent on trying to determine the amount of fiscal space that economies have — our policy focus instead should be on what to do with the fiscal space that almost all advanced economies (and a surprising...
Persistent link: https://www.econbiz.de/10012621370