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 … time, industry-level analysis suggests ample scope to raise productivity, especially in services where productivity gains …

-through rate of effective imported input costs to domestic producer prices is estimated to be around 70 percent in Korea and almost …

States, and the European Social Survey (ESS) for Europe. Our analysis for the United States exploits variation across states …

Using data on commercial banks in the United States and Europe, this paper analyses the impact of the new Basel III … Europe over the post-2008 financial crisis period. Additionally, liquidity indicators have positive but perverse effects on …

, using local projections, the paper zooms in on shocks originating in the United States, Europe, and China. Our results …, Europe, and China reduces economic activity in the rest of the world, with the effects being mostly felt in Europe and the …

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

, Europe and Japan allowing for fiscal multipliers to vary across recessions and booms. We also estimate ex ante probabilities …

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 …