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Did Latvia's Public Works Program Mitigate the Impact of the 2008-2010 Crisis?
Azam, Mehtabul - 2012
To mitigate the impact of the 2008-2010 global financial crisis on vulnerable households, the Government of Latvia established Workplaces with Stipends, an emergency public works program that targeted registered unemployed people who were not receiving unemployment benefits. This paper evaluates...
Persistent link: https://www.econbiz.de/10013099794
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Impact of the Great Recession on Industry Unemployment : A 1976-2011 Comparison
Takhtamanova, Yelena F. - 2016
This paper studies the mechanisms driving the persistently high unemployment rate during the last recession and mild recovery. Previous studies have examined the demographic aspect of the recession. We focus on specific industries. Consequently, we propose a methodology to decompose changes in...
Persistent link: https://www.econbiz.de/10012979453
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Income Tax Policy in Europe between Two Crises : From the Great Recession to the COVID-19 Pandemic
Myck, Michal; Trzciński, Kajetan - 2022
We examine the revenue and redistributive effects of tax policy reforms in twelve European countries over the decade between the financial crisis and the outbreak of the COVID-19 pandemic, setting them against the implications of a hypothetical system reflecting the extent of fiscal drag...
Persistent link: https://www.econbiz.de/10014030811
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Were Covid and the Great Recession Well-Being Reducing?
Blanchflower, David G.; Bryson, Alex - 2023
Using micro-data on six surveys the Gallup World Poll 2005-2023, the U.S. Behavioral Risk Factor Surveillance System … the annual data from the United Nation's Humasn Development Index (HDI) nor data used in the World Happiness Report from … the Gallup World Poll shifted much in response to negative shocks. The HDI has been rising in the last decade or so …
Persistent link: https://www.econbiz.de/10014345570
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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
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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
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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
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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
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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
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Policies in Hard Times : Assessing the Impact of Financial Crises on Structural Reforms
Gokmen, Gunes - 2020
It is commonly argued that crises open up a window of opportunity to implement policies that otherwise would not have the necessary political backing. The argument goes that the political cost of deep reforms declines as crises unravel structural problems that need to be urgently rectified and...
Persistent link: https://www.econbiz.de/10012842057