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We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the optimal design of conditional reforms. Our model predicts that when agency problems are especially severe, and/or IMF information is valuable, a centralized control is indeed...
Persistent link: https://www.econbiz.de/10010269064
in quantity and quality of output. We use data from a controlled field experiment that changed the communication of the …
Persistent link: https://www.econbiz.de/10010282221
The Greek economic crisis resulted in a decline in household disposable income by more than 40%. Even though all … population groups lost income in absolute terms, some were substantially more severely hit by the crisis. The paper examines the … effect of the crisis on the population shares, the mean incomes and the level of poverty of various population groups using …
Persistent link: https://www.econbiz.de/10012270017
levels against losses in current income caused by economic downturns like the present financial crisis. We use a multi …
Persistent link: https://www.econbiz.de/10010269797
output changes at an early stage. We illustrate the method with an evaluation of the impact of the 2008-2009 crisis in …
Persistent link: https://www.econbiz.de/10010274679
the informal sector acts as a buffer for households during periods of crisis when formal sector employment opportunities …
Persistent link: https://www.econbiz.de/10010278408
With fortuitously timed data - collected before, during and after a major macro-financial crisis in Bulgaria - we … crisis and changing relative prices and the changing responsiveness of different groups of people to these incomes and prices …
Persistent link: https://www.econbiz.de/10010278592
This study investigates the impact of recent crises in Argentina (including the severe downturn of 2001-2002) on health and education outcomes. The identification strategy relies on both the inter-temporal and the cross-provincial co-variation between changes in regional GDP and outcomes by...
Persistent link: https://www.econbiz.de/10010282298
to survive the crisis. The first phase of the recession led to the largest loss of jobs since the oil crisis in Denmark …
Persistent link: https://www.econbiz.de/10010283933
To mitigate the impact of the 2008-2010 global financial crisis on vulnerable households, the Government of Latvia … the unemployed mitigate the impact of the crisis. However, relative to the depth of the crisis in Latvia, the Workplaces …
Persistent link: https://www.econbiz.de/10010287641