Showing 1 - 10 of 729
Mexico has experienced since 1995. Although fresh domestic bank lending dried up, tradable firms obtained financing in the …
Persistent link: https://www.econbiz.de/10013210661
Persistent link: https://www.econbiz.de/10013324598
The Covid-19 crisis has lead to a reduction in the demand and supply of sectors that produce goods that need social interaction to be produced or consumed. We interpret the Covid-19 shock as a shock that reduces utility stemming from “social” goods in a two-sector economy with incomplete...
Persistent link: https://www.econbiz.de/10012834467
We study the impact of non-pharmaceutical policy interventions (NPIs) like “stay-at-home” orders on the spread of infectious disease. Local policies have little impact on the economy nor on local public health. Stay-at-home is only weakly associated with slower growth of Covid-19 cases....
Persistent link: https://www.econbiz.de/10012835108
To slow COVID-19, many countries have shut down part of the economy. Older individuals have the most to gain from slowing virus diffusion. Younger workers in sectors that are shuttered have most to lose. In this paper, we build a model in which economic activity and disease progression are...
Persistent link: https://www.econbiz.de/10012835757
We study the response of an economy to an unexpected epidemic. Households mitigate the spread of the disease by reducing consumption, reducing hours worked, and working from home. Working from home is subject to learning-by-doing and the capacity of the health care system is limited. A social...
Persistent link: https://www.econbiz.de/10012837189
We use U.S. household-level bank account data to investigate the heterogeneous effects of the pandemic on spending and savings. Households across the income distribution all cut spending from March to early April. Since mid April, spending has rebounded most rapidly for low-income households. We...
Persistent link: https://www.econbiz.de/10012826647
consumption stimulus packages. The extension allows us to account for two novel features of the coronavirus crisis. First, during …
Persistent link: https://www.econbiz.de/10013244382
Following its opening to trade and foreign investment in the mid-1980s, Mexico's economic growth has been modest at … that the relation between openness and growth is not a simple one. Using standard trade theory, we find that Mexico has … continuing reforms, Chinese growth is likely to slow down sharply, perhaps leaving China at a level less than Mexico's real GDP …
Persistent link: https://www.econbiz.de/10013135399
stress in Mexico and this retards the growth of skills of its workforce. (2) The informal sector is large, mostly due to the …
Persistent link: https://www.econbiz.de/10013135761