Showing 1 - 10 of 545
economies albeit using diverse strategies. This paper introduces a novel daily database of sectoral reopening measures in Europe …
Persistent link: https://www.econbiz.de/10012392075
half of 2020. Europe was hit particularly hard-the economic contraction in 2020 is estimated to have been among the largest … Europe relying primarily on the banking sector for external finance, stress in the corporate sector could easily translate …
Persistent link: https://www.econbiz.de/10012518752
the COVID-19 pandemic on the auto sector and aggregate activity in Europe. Our results suggest that these labor supply … shocks would have a significant adverse impact on the major auto producers in Europe, with one-third of the decline in the …
Persistent link: https://www.econbiz.de/10013170591
Korea's economy has leaped to high-income status thanks to several decades of sustained high growth. However, population aging and shifts in global demand provide headwinds for future growth and Korea now faces the effects of COVID-19 on economic activity. This paper asseses the expected drag on...
Persistent link: https://www.econbiz.de/10012604751
We quantify the effect of mask mandates in the United States. Our regression discontinuity design exploits county-level variation in COVID-19 cases, hospital admissions, and deaths across the border between states with and without mandates. We find a significant and substantial effect-mask...
Persistent link: https://www.econbiz.de/10012605500
We use high-frequency indicators to analyze the economic impact of COVID-19 in Europe and the United States during the …
Persistent link: https://www.econbiz.de/10012299321
, countries across Europe are differently equipped to respond to the shock due to differences in economic conditions and fiscal …
Persistent link: https://www.econbiz.de/10012302037
We estimate the impact of the COVID-19 crisis on business failures among small and medium size enterprises (SMEs) in seventeen countries using a large representative firm-level database. We use a simple model of firm cost-minimization and measure each firm's liquidity shortfall during and after...
Persistent link: https://www.econbiz.de/10012391969
Adoption of fiscal rules and fiscal councils continued to increase globally over the last decades based on two new global datasets. During the pandemic, fiscal frameworks were put to test. The widespread use of escape clauses was one of the novelties in this crisis, which helped provide policy...
Persistent link: https://www.econbiz.de/10013170563
a set of 21 Europe countries, we show that while the short-term response of participation rates to labor demand shocks … is typically larger in Europe than in the US, the immediate response of net migration in Europe has increased over time …
Persistent link: https://www.econbiz.de/10014411406