-stock model where supply shocks dominate. In contrast to the United States, inventories boost growth with a one-year lag in Europe …

pandemic fades, unrest may reemerge in locations where it previously existed …

We evaluate the direct employment effect of the public investment in key infrastructure-electricity, roads, schools and … employment effect. Overall, we estimate that one percent of global GDP in public investment can create more than seven million … jobs worldwide through its direct employment effects alone …

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 room to respond to the health crisis. But the unprecedented fiscal actions …

Ukraine's economic performance has been anemic since the early 1990s. A major impediment to productivity growth has … institutional weakness in Ukraine and quantify the long-term growth impact of catching-up to Poland in terms of the quality of major … most optimistic scenario, where institutional gaps are fully addressed, Ukraine would need 15 years to catch up to Poland …

particular reference to Ukraine’s experience since 1992. We find that, while real credit growth is indeed associated with higher …

After a long period of steep decline which followed the breakup of the Soviet Union, Ukraine''s economy rebounded in …

This paper provides a unified analysis for the onset of the 1998 financial crisis and the strong economic recovery … afterward in Russia and other former Soviet Union countries. Before the crisis a banking failure arose owing to the coexistence … collapse of the treasury bills market in the financial crisis triggered a change in banks'' lending behavior, providing initial …

control for factors that influence personal choice, we re-examine the determinants of female employment in Europe. The results … employment …

renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery … from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In …