Narrow search
Showing 1 - 10 of 237
Cover Image
Global corporate stress tests : impact of the COVID-19 pandemic and policy responses
Tressel, Thierry; Ding, Xiaodan - 2021
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
Cover Image
Tracking the economic impact of COVID-19 and mitigation policies in Europe and the United States
Chen, Sophia; Igan, Deniz; Pierri, Nicola; Presbitero, … - 2020
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
Cover Image
Global Risks and Collective Action Failures : What Can the International Community Do?
Otker-Robe, Inci - 2014
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
Cover Image
Monitoring the climate impact of fiscal policy : lessons from tracking the COVID-19 response
Eltokhy, Khaled; Funke, Katja; Huang, Guohua; Kim, Yujin; … - 2021
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
Cover Image
Economic activity, fiscal space and types of COVID-19 containment
Hosny, Amr; Pallara, Kevin - 2022
This paper argues that the type of COVID-19 containment measures affects the trade-offs between infection cases, economic activity and sovereign risk. Using local projection methods and a year and a half of high-frequency daily data covering 44 advanced and emerging economies, we find that smart...
Persistent link: https://www.econbiz.de/10013170528
Cover Image
Facing the global financial cycle : what role for policy responses?
Batini, Nicoletta; Durand, Luigi - 2021
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
Cover Image
The rise in inequality after pandemics : can fiscal support play a mitigating role?
Furceri, Davide; Loungani, Prakash; Ostry, Jonathan David; … - 2021
Major epidemics of the last two decades (SARS, H1N1, MERS, Ebola and Zika) have been followed by increases in inequality (Furceri, Loungani, Ostry and Pizzuto, 2020). In this paper, we show that the extent of fiscal consolidation in the years following the onset of these pandemics has played an...
Persistent link: https://www.econbiz.de/10012613680
Cover Image
Fiscal rules and fiscal councils : recent trends and performance during the COVID-19 pandemic
Davoodi, Hamid; Elger, Paul; Fotiou, Alexandra; … - 2022
global datasets. During the pandemic, fiscal frameworks were put to test. The widespread use of escape clauses was one of the …
Persistent link: https://www.econbiz.de/10013170563
Cover Image
Global risks and collective action failures : what can the international community do?
Ötker-Robe, İnci - 2014
Persistent link: https://www.econbiz.de/10010441934
Cover Image
Loss-of-learning and the post-Covid recovery in low-income countries
Buffie, Edward F.; Adam, Christopher S.; Zanna, Luis-Felipe - 2022
We analyze the medium-term macroeconomic impact of the Covid-19 pandemic and associated lock-down measures on low-income countries. We focus on the impact over the medium-run of the degradation of health and human capital caused by the pandemic and its aftermath, exploring the trade-offs between...
Persistent link: https://www.econbiz.de/10013170278