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COVID-19 in Latin America : a high toll on lives and livelihoods
Bakker, Bas B.; Gonçalves, Carlos Eduardo Soares - 2021
Latin America was hit hard by Covid-19, both in terms of lives and livelihoods. Early lockdowns in the second quarter of 2020 prevented an explosion of deaths at the time but did not stop the pandemic from later wreaking havoc in the region. This paper investigates the dynamics of pandemics in...
Persistent link: https://www.econbiz.de/10012610772
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Reexamining the national savings-investment nexus across time and countries
David, Antonio C.; Gonçalves, Carlos Eduardo Soares; … - 2020
Domestic savings and investment are positively correlated across countries and through time, as Feldstein-Horioka (FH) unveiled 40 years ago. We argue that an interpretation of this correlation based on market failures is more consistent with data patterns than alternative hypotheses. Moreover,...
Persistent link: https://www.econbiz.de/10012299319
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State institutions and tax capacity : an empirical investigation of causality
Akanbi, Olusegun A. - 2019
. The bi-directional causality results suggest that developing tax capacity and building state institutions need to go hand …
Persistent link: https://www.econbiz.de/10012103602
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What can boost female labor force participation in Asia?
Kinoshita, Yuko; Guo, Fang - 2015
fertility, and (iv) there is a need for more public spending on childcare for age 6-11 in Japan and Korea to help women continue …
Persistent link: https://www.econbiz.de/10011281943
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Demographic transition and pension reforms : adding demographics to GIMF
Carton, Benjamin; Fernandez-Corugedo, Emilio; Hunt, … - 2020
The Global Integrated Monetary and Fiscal model (GIMF) is a multi-region, forward-looking, DSGE model developed at the International Monetary Fund for policy analysis and international economic research. This paper documents the incorporation of demographic features into the model. The analysis...
Persistent link: https://www.econbiz.de/10012300678
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Economic Implications of China's Demographics in the 21st Century
Cheng, Kevin C. - 2003
general equilibrium model. The simulations show that lower fertility rates yield lower saving rates. Since lower fertility … mobility is high in China, a low fertility rate implies more future capital outflows. But if capital is less mobile, low … fertility today lowers the domestic return to capital and raises the domestic return to labor. In addition, the paper finds no …
Persistent link: https://www.econbiz.de/10014404019
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China’s Demography and its Implications
Lee, Il Houng - 2013
In coming decades, China will undergo a notable demographic transformation, with its old-age dependency ratio doubling to 24 percent by 2030 and rising even more precipitously thereafter. This paper uses the permanent income hypothesis to reassess national savings behavior, with greater...
Persistent link: https://www.econbiz.de/10014395270
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How do exchange rate regimes affect firms’ incentives to hedge currency risk? : micro evidence for Latin America
Kamil, Herman - 2012
Persistent link: https://www.econbiz.de/10009572433
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Policy instruments to lean against the wind in Latin America
Terrier, Gilbert; Valdés, Rodrigo O.; Tovar, Camilo Ernesto - 2011
Persistent link: https://www.econbiz.de/10009424822
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Foreign exchange intervention : a shield against appreciation winds?
Adler, Gustavo; Tovar, Camilo Ernesto - 2011
Persistent link: https://www.econbiz.de/10009424830