tightened following announcements related to easier bank capital regulation while equity valuation rose and financial conditions …

This paper examines the response of firms to capital destruction, using a new measure of firm exposure to tropical … storms as a negative exogenous shock on firms' capital stock. Drawing on a panel of Indian manufacturing firms between 1995 … industry, the sales of less productive firms decrease disproportionately more, while across industries capital destruction …

metrics based on equity market valuations of bank capital are better than regulatory capital ratios, and other metrics, in …

total physical capital as a key input. Implicitly this assumes that private and public capital stocks are perfect … substitutes. In this paper we test this assumption by estimating a nested-CES production function whereas the two types of capital … private capital stocks for 151 countries over a period of 1960-2014 consistent with Penn World Table version 9. We find …

by increased trade integration within the European Community and by the accumulation not only of business sector capital …—the only measure of capital included in most empirical studies—but also by the accumulation of government infrastructure … capital, residential capital, and R&D capital. Calculations of potential output indicate that trade and capital …

-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 rebuilding human capital and the recovery of livelihoods and macroeconomic …

In the wake of the COVID-19 pandemic, debt levels in emerging and developing economies have surged raising concerns … about fiscal sustainability. Historically, negative interest-growth differentials in these countries have played a debt …-stabilizing role. But is this enough to prevent countries from falling into debt distress? Drawing from a sample of 150 emerging and …

debt sustainability over the next decade, taking into account alternative recovery scenarios and associated fiscal … persistent economic effects of the pandemic, risks to the Dutch fiscal and debt sustainability would remain contained …