Showing 1 - 10 of 95
We study the macroeconomic consequences of tariffs. We estimate impulse response functions from local projections using a panel of annual data that spans 151 countries over 1963-2014. We find that tariff increases lead, in the medium term, to economically and statistically significant declines...
Persistent link: https://www.econbiz.de/10012001500
This paper analyzes the effects of selected structural reforms on output and employment in the short and medium term … and employment in the medium term. Furthermore, the paper also assesses whether the impact of structural reforms varies …
Persistent link: https://www.econbiz.de/10011848233
Early evidence on the pandemic's effects pointed to women's employment falling disproportionately, leading observers to … to two-thirds exhibiting larger declines in women's than men's employment rates. These gender differences in COVID-19's … related to COVID-19's impacts on gender shares in employment within sectors …
Persistent link: https://www.econbiz.de/10012604766
We estimate the impact of the COVID-19 crisis on business failures among small and medium size enterprises (SMEs) in … aggregate supply, productivity, and demand shocks. We estimate a large increase in the failure rate of SMEs under COVID-19 of …, Education, and Other Services are among the most affected sectors. The jobs at risk due to COVID-19 related SME business …
Persistent link: https://www.econbiz.de/10012391969
(SMEs) in the world. The paper provides empirical evidence on the drivers of SME access to finance for a large sample of … development and better governance would help close the SME financial inclusion gap between MENAP and CCA regions and the best …
Persistent link: https://www.econbiz.de/10012251308
fluctuations. The paper also assesses the strength of spillovers from large firms onto SMEs. Using firm-level data covering over 14 …) positive granular shocks at large firms spill over to domestic SMEs' output, especially if SMEs' balance sheets are healthy and … if SMEs belong to the services and manufacturing sectors …
Persistent link: https://www.econbiz.de/10011748905
data on thousands of euro area firms, we study factors that affect the access to finance of SMEs. We find that changes in … significantly improve access to finance of SMEs. Finally, access to finance is found to be positively related to firm size and firm …
Persistent link: https://www.econbiz.de/10014411219
advanced Europe, where wages are more closely related to inflation and inflation expectations in the short run, implying …
Persistent link: https://www.econbiz.de/10012102142
This paper assesses the effect of constrained trade finance on trade flows in countries undergoing financial and balance of payments crises. Most of the countries that had a major crisis had a significant trade contraction, while trade-related finance declined sharply. However, trade may also be...
Persistent link: https://www.econbiz.de/10014404046
Using a sample of 97 countries spanning the period 1980?2008, we estimate that financial crises have a large negative impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with flexible labor market institutions, whereas the impact of...
Persistent link: https://www.econbiz.de/10009572447