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The Economic Effects of COVID-19 and Credit Constraints : Evidence from Italian Firms' Expectations and Plans
Balduzzi, Pierluigi - 2020
We investigate the economic effects of the COVID-19 pandemic and the role played by credit constraints in the transmission mechanism, using a novel survey of expectations and plans of Italian firms, taken just before and after the outbreak. Most firms revise downward their expectations for...
Persistent link: https://www.econbiz.de/10012824428
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Heterogeneous Effects of Credit Constraints on Smes' Employment : Evidence from the Great Recession
Cornille, David - 2018
This paper takes advantage of access to detailed matched bank-firm data to investigate whether and how employment decisions of SMEs have been affected by credit constraints in the wake of the Great Recession. Variability in banks' financial health following the 2008 crisis is used as an...
Persistent link: https://www.econbiz.de/10012929109
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Real Wage Cyclicality in Italy
Peng, Fei - 2006
This paper analyzes the cyclical behaviour of male real wages in Italy using the European Community Household Panel …. Stayers are the large majority. We find stayers in Northern Italy to have high cyclicality of real wages, higher in fact than … the North of Italy operate much more competitively than in the Centre and South …
Persistent link: https://www.econbiz.de/10012778997
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Scarring Effects of the COVID-19 Pandemic on the Italian Labour Market
Fiaschi, Davide; Tealdi, Cristina - 2022
The COVID-19 pandemic raised the share of inactive individuals in 2020 in Italy, mostly at the expense of permanent and … severely the ones living in large households in the North and Center of Italy. These findings find a rationale both in the …
Persistent link: https://www.econbiz.de/10014083837
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Young People between Education and the Labour Market During the Covid-19 Pandemic in Italy
Fiaschi, Davide; Tealdi, Cristina - 2023
-to-work transition (STWT). The aim is to assess the impact of the COVID-19 pandemic in Italy on the careers of individuals aged 15-34. We … significantly longer STWT duration compared to other EU countries, particularly for females and residents in the South of Italy. In … rigorous estimation and analysis of the impact of COVID-19 on the carriers of young individuals in Italy, which has not yet …
Persistent link: https://www.econbiz.de/10014262062
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Health and Well-Being in the Crisis
Askitas, Nikos - 2011
The internet has become an important data source for the Social Sciences because these data are available without lags, can be regarded as involuntary surveys and hence have no observer effect, can be geo-labeled, are available for countries across the globe and can be viewed in continuous time...
Persistent link: https://www.econbiz.de/10013127723
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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
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China's Emergence in the World Economy and Business Cycles in Latin America
Pesaran, M. Hashem - 2011
The international business cycle is very important for Latin America's economic performance as the recent global crisis vividly illustrated. This paper investigates how changes in trade linkages between China, Latin America, and the rest of the world have altered the transmission mechanism of...
Persistent link: https://www.econbiz.de/10013121741
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Fiscal Policy, Sovereign Default, and Bailouts
Juessen, Falko - 2013
This paper examines fiscal policy without commitment and the effects of conditional bailout loans. The government relies on distortionary taxation and decides between full debt repayment and costly default. It tends to overborrow due to myopia, which induces default to be a relevant policy...
Persistent link: https://www.econbiz.de/10013071428
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Global Macro-Financial Cycles and Spillovers
Ha, Jongrim - 2020
We develop a new dynamic factor model that allows us to jointly characterize global macroeconomic and financial cycles and the spillovers between them. The model decomposes macroeconomic cycles into the part driven by global and country-specific macro factors and the part driven by spillovers...
Persistent link: https://www.econbiz.de/10012840446