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, and counterparty location of funding—and the extent of financial stress experienced in different countries and sectors … during the sharp risk-off shock in early 2020 when Covid-19 spread globally. We measure financial stress using a new dataset …-sector-time panels to assess how different funding structures are related to financial stress. A higher share of funding from non …
Persistent link: https://www.econbiz.de/10014348263
To analyze the effect of health on work, many studies use a simple self-assessed health measure based upon a question such as "do you have an impairment or health problem limiting the kind or amount of work you can do?" A possible drawback of such a measure is the possibility that different...
Persistent link: https://www.econbiz.de/10013151371
We revisit Western Europe's record with labor-productivity convergence, and tentatively extrapolate its implications for the future path of Eastern Europe. The poorer Western European countries caught up with the richer ones through both higher rates of physical capital accumulation and greater...
Persistent link: https://www.econbiz.de/10013101075
We estimate the impact of COVID-19 on business failures for small and medium sized enterprises (SMEs) using firm-level data in seventeen countries. Absent government support, the failure rate of SMEs would have increased by 9.1 percentage points, representing 4.6 percent of private sector...
Persistent link: https://www.econbiz.de/10013244116
Folklore is the collection of traditional beliefs, customs, and stories of a community, passed through the generations by word of mouth. This vast expressive body, studied by the corresponding discipline of folklore, has evaded the attention of economists. In this study we do four things that...
Persistent link: https://www.econbiz.de/10012895015
This chapter will cover recent research in historical economics that uses ethnographic data and data from surveys and lab experiments. The study of historical economics, particularly outside of non-Western countries, has been constrained by availability of historical data. However, recent work...
Persistent link: https://www.econbiz.de/10013292911
We design and experimentally evaluate two low-cost, scalable interventions – an online preparatory module and a text-message coaching program – in a sample of over 3,000 undergraduate students at a large Canadian university. Supplementing administrative data on academic outcomes with a...
Persistent link: https://www.econbiz.de/10012911484
Are firms more resilient to systemic banking crises in economies with higher levels of social trust? Using firm-level data in 34 countries from 1990 through 2011, we find that liquidity-dependent firms in high-trust countries obtain more trade credit and suffer smaller drops in profits and...
Persistent link: https://www.econbiz.de/10012994912
This paper estimates the impact of technology sophistication pre-COVID-19 on the performance of firms during the early stages of the pandemic. We exploit a unique data covering firms from Brazil, Senegal, and Vietnam using a treatment effect mediation framework to decompose the results into a...
Persistent link: https://www.econbiz.de/10013307899
We study how maternal stress affects offspring outcomes. We find that in-utero exposure to elevated levels of the … stress hormone cortisol negatively affects offspring cognition, health and educational attainment. These findings are based … literature linking exogenous exposure to stress hormones in-utero with declines in offspring cognitive, behavioral and motor …
Persistent link: https://www.econbiz.de/10013100132