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This paper investigates the short-run effects of the 2007-09 global financial crisis on growth in (mainly non-fuel exporting) low-income countries (LICs). Four conclusions stand out. First, for many individual LICs, 2009 was not extraordinarily calamitous; however, aggregate LIC output declined...
Persistent link: https://www.econbiz.de/10014403087
Would countercyclical fiscal policy during recessions improve or worsen the gender employment gap? We give an answer to … this question by exploring the state-dependent impact of fiscal spending shocks on employment by gender in the G-7 … countries. Using the local projection method, we find that, during recessions, a positive spending shock of 1 percent of GDP …
Persistent link: https://www.econbiz.de/10012001474
reflect and perpetuate gender norms that limit women's economic participation, and removal of these impediments through legal …It is well established that a wide range of legal impediments in countries' domestic laws have prevented women from … reform has been shown to be an effective method to catalyze greater participation of women in the economy-along with the …
Persistent link: https://www.econbiz.de/10013170246
The COVID-19 pandemic and lockdowns have led to a rise in gender-based violence. In this paper, we explore the economic … consequences of violence against women in sub-Saharan Africa using large demographic and health survey data collected pre …-pandemic. Relying on a two-stage least square method to address endogeneity, we find that an increase in the share of women subject to …
Persistent link: https://www.econbiz.de/10012795142
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find that a large share of publicly-listed firms become vulnerable as a result of the pandemic shock and additional … the impact of the shock in the near term. Looking forward, while interest coverage ratios tend to improve over time after … the initial shock as earnings recover in line with projected macroeconomic conditions, liquidity needs remain substantial …
Persistent link: https://www.econbiz.de/10012605125
To assess the resilience of India's corporate sector against COVID-19-related shocks, we conducted a series of stress tests using firm-level corporate balance sheet data. The results reveal a differential impact across sectors, with the most severe impact on contact-intensive services,...
Persistent link: https://www.econbiz.de/10012795139
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