Showing 1 - 10 of 706
The local sourcing of intermediate products is one the main channels for foreign direct investment (FDI) spillovers …
Persistent link: https://www.econbiz.de/10012112331
While the COVID-19 pandemic is affecting all countries, output losses vary considerably across countries. We provide a first analysis of robust determinants of observed initial output losses using model-averaging techniques-Weighted Average Least Squares and Bayesian Model Averaging. The results...
Persistent link: https://www.econbiz.de/10012517923
Epidemics may have social scarring effects, increasing the likelihood of social unrest. They may also have mitigating effect, suppressing unrest by dissuading social activities. Using a new monthly panel on social unrest in 130 countries, we find a positive cross-sectional relationship between...
Persistent link: https://www.econbiz.de/10012517929
This paper assesses whether corporate liquidity needs in the G7 economies were met during the containment phase of the COVID-19 pandemic (February-June 2020) using various approaches to identify credit supply shocks. The pandemic crisis adversely affected nonfinancial corporate sector cash...
Persistent link: https://www.econbiz.de/10012518978
Using zip code-level data and nonparametric estimation, I present eight stylized facts on the US housing market in the COVID-19 era. Some aggregate results are: (1) growth rate of median housing price during the four months (April-August 2020) since the Federal Reserve's unprecedented monetary...
Persistent link: https://www.econbiz.de/10012392046
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as 'hysteresis,' argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and...
Persistent link: https://www.econbiz.de/10012251398
Persistent link: https://www.econbiz.de/10009425660
FDI has played a strong role in the export-led growth of eastern European countries that are now members of the … European Union (EU). Largely sourced from advanced Europe, FDI inflows were motivated by the intention to pursue new markets … needed for FDI to continue playing a strong role? Can the Western Balkan countries, who are not yet EU members and have in …
Persistent link: https://www.econbiz.de/10011905912
Gravity factors explain a large part of Foreign Direct Investment (FDI) inflows in Southeastern Europe-a region not … FDI for each country, and uses its deviation from actual levels to estimate what policies can realistically be expected to … achieve in terms of additional FDI. It also finds evidence that above a certain threshold, the importance of some policies for …
Persistent link: https://www.econbiz.de/10014400624
the sectoral composition of FDI. It shows that FDI in the tradable sectors leads to an improvement of the external balance … labor force are more likely to receive more FDI in the tradable sectors …
Persistent link: https://www.econbiz.de/10014399355