Showing 1 - 10 of 14
We estimate a multi-country multi-sector New Keynesian model to quantify the drivers of domestic inflation during 2020-2023 in several countries, including the United States. The model matches observed inflation together with sector-level prices and wages. We further measure the relative...
Persistent link: https://www.econbiz.de/10014437018
rights institutions. Indeed, we document world-wide improvements in the quality of institutions facilitating property …
Persistent link: https://www.econbiz.de/10012533342
We quantify the role of global production linkages in explaining spillovers of U.S. monetary policy shocks to stock returns across countries and sectors using a newly constructed dataset. Our estimation strategy is based on a standard open-economy production network model that delivers a...
Persistent link: https://www.econbiz.de/10012533376
In the World Bank Enterprise Survey, the share of entrepreneurs who are women first rises and then falls with national …
Persistent link: https://www.econbiz.de/10015361484
The pandemic triggered a large, lasting shift to work from home (WFH). To study this shift, we survey full-time workers who finished primary school in 27 countries as of mid 2021 and early 2022. Our cross-country comparisons control for age, gender, education, and industry and treat the U.S....
Persistent link: https://www.econbiz.de/10013388802
We study the impact of the Covid-19 pandemic on Euro Area inflation and how it compares to the experiences of other countries, such as the United States, over the two-year period 2020-21. Our model-based calibration exercises deliver four key results: 1) Compositional effects - the switch from...
Persistent link: https://www.econbiz.de/10013334457
We use two surveys to assess why work from home (WFH) varies so much across countries and people. A measure of cultural individualism accounts for about one-third of the cross-country variation in WFH rates. Australia, Canada, the UK, and the US score highly on individualism and WFH rates,...
Persistent link: https://www.econbiz.de/10014528413
Persistent link: https://www.econbiz.de/10015062280
The slow adoption of climate change policies stems from concerns about their economic impact. The EU has led global carbon pricing through its Emissions Trading Scheme (ETS). This study examines the effect of ETS policy shocks on global stock market returns at the country-industry level using...
Persistent link: https://www.econbiz.de/10015398100
of lifetime resources motivated by economic theory that account for differences in life-cycle trajectories, and …
Persistent link: https://www.econbiz.de/10015094865