Showing 1 - 10 of 535
This paper studies how firm failures and the resulting disruptions to supply chains can amplify negative shocks. We develop a non-competitive model where customized supplier-customer relations increase productivity, and the relationship-specific surplus generated between firms and their...
Persistent link: https://www.econbiz.de/10013291552
We study the aggregate effects of supply-chain disruptions in the post-pandemic period in a heterogeneous-firm, general equilibrium model with input-output linkages and a rich set of supply chain frictions: uncertain shipping delays, fixed order costs, and storage costs. Firms optimally hold...
Persistent link: https://www.econbiz.de/10014262789
cost-resiliency trade-off. We propose the risk-versus-reward framework from portfolio theory as a good way to evaluate …
Persistent link: https://www.econbiz.de/10013322216
We characterize what features make supply chains more resilient. Using new data on the universe of firm-to-firm transactions from an Indian state, we identify firms with larger supplier risk following the Covid-19 lockdowns. Using an event-study design we find firms with suppliers in...
Persistent link: https://www.econbiz.de/10014241293
We investigate how the coronavirus pandemic affected the demand for online food shopping services using data from the … largest agri-food e-commerce platform in Taiwan. We find that an additional confirmed case of COVID-19 increased sales by 5 … most, which benefited small farms over agribusinesses. Online food shopping was highly responsive to COVID-19 media …
Persistent link: https://www.econbiz.de/10012829792
We study the role of global supply chains in the impact of the Covid-19 pandemic on GDP growth for 64 countries. We discipline the labor supply shock across sectors and countries using the fraction of work in the sector that can be done from home, interacted with the stringency with which...
Persistent link: https://www.econbiz.de/10012833120
beginning of the pandemic but underperformed during recovery as the Novel Coronavirus spread throughout the world …
Persistent link: https://www.econbiz.de/10014090781
We develop a model of pandemic risk management and firm valuation. We introduce aggregate transmission shocks into an epidemic model and link valuations to infections via an asset-pricing framework with vaccines. Infections lower earnings growth but firms can mitigate damages. We estimate a...
Persistent link: https://www.econbiz.de/10012833123
assessment of the status quo prior to the spread of the coronavirus, evaluates how retirement systems are faring in the wake of …
Persistent link: https://www.econbiz.de/10012832462
There is insufficient research on the direct effects of food advertising on children's diet and diet-related health … Survey-Kindergarten Cohort (ECLS-K) and the Nielsen Company data on spot television advertising of cereals, fast food … food advertising on television and children's food consumption and body weight. Our results suggest that soft drink and …
Persistent link: https://www.econbiz.de/10013068480