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The Economic and Social Determinants of Migrants' Well-Being During the Global Financial Crisis

Danzer, Alexander M. - 2018

This paper investigates the economic and social determinants affecting the well-being of temporary migrants before, during and after the financial crisis. Exploiting unique panel data which cover migration spells from Tajikistan between 2001 and 2011, we find that migrants earn less but stay...

Persistent link: https://www.econbiz.de/10012929090

Financial Crises and Liberalization : Progress or Reversals?

Saka, Orkun - 2019

Financial crisis can trigger policy reversals, i.e. they can lead to a process of re- regulation of financial markets. Using a recent comprehensive dataset on financial liberalization across 94 countries for the period between 1973 and 2015, we formally test the validity of this prediction for...

Persistent link: https://www.econbiz.de/10012868012

Urban Resilience and Social Security Uptake : New Zealand Evidence from the Global Financial Crisis and the COVID-19 Pandemic

Cochrane, William; Poot, Jacques; Roskruge, Matthew James - 2022

This paper focuses on the spatial variation in the uptake of social security benefits following a large and detrimental exogenous shock. Specifically, we focus on the Global Financial Crisis (GFC) and the onset of the COVID-19 pandemic. We construct a two-period panel of 66 Territorial...

Persistent link: https://www.econbiz.de/10014078008

The Wage Curve after the Great Recession

Blanchflower, David G.; Bryson, Alex; Spurling, Jackson - 2022

Most economists maintain that the labor market in the United States (and elsewhere) is tight because unemployment rates are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is potential for wage-push inflation. However, real wages are...

Persistent link: https://www.econbiz.de/10014078744

Fewer Jobs or Smaller Paychecks? Aggregate Crisis Impacts in Selected Middle-Income Countries

Khanna, Gaurav - 2011

This paper reviews evidence from 44 middle income countries on how the recent financial crisis affected jobs and workers' income. In addition to providing a rare assessment of the magnitude of the impact across several middle-income countries, the paper describes how labor markets adjusted and...

Persistent link: https://www.econbiz.de/10013120422

China's Emergence in the World Economy and Business Cycles in Latin America

Pesaran, M. Hashem - 2011

world have altered the transmission mechanism of international business cycles to Latin America. Evidence based on a Global … world shows that the long-term impact of a China GDP shock on the typical Latin American economy has increased by three … associated with a deceleration in China's economic growth in the future for both Latin America and the rest of the world economy …

Persistent link: https://www.econbiz.de/10013121741

The Role of Demographics in Precipitating Crises in Financial Institutions

Macunovich, Diane - 2009

There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the current account balance and gross capital formation. The 15-24 age group appears to be one of the key age groups in these effects, with increases in that age group exerting...

Persistent link: https://www.econbiz.de/10013155560

The Great Recession of 2008-2009 : Causes, Consequences and Policy Responses

Verick, Sher - 2010

US to the worst recession the world has witnessed for over six decades. Through an in-depth review of the crisis in terms … suggested, while at the same time the majority of the world's poor had benefited insufficiently from stronger economic growth …

Persistent link: https://www.econbiz.de/10013141781

Crises, What Crises?

Campos, Nauro F.; Hsiao, Cheng; Nugent, Jeffrey B. - 2021

Recent research convincingly shows that crises beget reform. Although the consensus is that economic crises foster macroeconomic stabilization, it is silent on which types of crises cause which types of reform. Is it economic or political crises that are the most important drivers of structural...

Persistent link: https://www.econbiz.de/10013317524

Changes in Income Distributions and the Role of Tax-Benefit Policy During the Great Recession : An International Perspective

Bargain, Olivier - 2014

This paper examines the impact on inequality and poverty of the economic crisis in four European countries, namely France, Germany, the UK and Ireland, and the contribution of tax and benefit policy changes. The period examined, 2008 to 2010, was one of great economic turmoil, yet it is unclear...

Persistent link: https://www.econbiz.de/10013061934