Narrow search
Showing 1 - 10 of 1,706
Cover Image
A decade after the 2009 Global Recession : macroeconomic and financial sector policies
Koh, Wee Chian; Yu, Shu - 2020
Unprecedented monetary policy accommodation in advanced economies and a large, coordinated fiscal stimulus by G20 countries helped to support a solid rebound in global output right after the 2009 Global Recession. However, global growth subsequently slowed to a sluggish pace by pre-recession...
Persistent link: https://www.econbiz.de/10012257017
Cover Image
Adding fuel to the fire : cheap oil during the COVID-19 pandemic
Wheeler, Collette Mari; Baffes, John; Kabundi, Alain; … - 2020
The outbreak of COVID-19 and the wide-ranging measures needed to slow its advance triggered an unprecedented collapse in oil demand, a surge in oil inventories, and a record one-month decline in oil prices in March 2020. This paper examines the likely implications of the 2020 oil price plunge...
Persistent link: https://www.econbiz.de/10012257329
Cover Image
Determinants of social distancing and economic activity during COVID-19 : a global view
Maloney, William F.; Taskin, Temel - 2020
The paper uses Google mobility data to identify the determinants of social distancing during the 2020 COVID-19 outbreak. The findings for the United States indicate that much of the decrease in mobility is voluntary, driven by the number of COVID-19 cases and proxying for greater awareness of...
Persistent link: https://www.econbiz.de/10012241139
Cover Image
Trade policy responses to the COVID-19 pandemic crisis : evidence from a new data set
Evenett, Simon J.; Fiorini, Matteo; Fritz, Johannes; … - 2020
This paper presents new high-frequency data on trade policy changes targeting medical and food products since the beginning of the COVID-19 pandemic, documenting how countries used trade policy instruments in response to the health crisis on a week-by-week basis. The data set reveals a rapid...
Persistent link: https://www.econbiz.de/10012434632
Cover Image
Global recessions
Kose, M. Ayhan; Sugawara, Naotaka; Terrones, Marco E. - 2020
The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 … internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off …
Persistent link: https://www.econbiz.de/10012230745
Cover Image
A decade after the 2009 Global Recession : macroeconomic developments
Koh, Wee Chian; Yu, Shu - 2020
exchange reserves, sound fiscal positions, and low inflation - suffered milder growth slowdowns, in part due to their greater …
Persistent link: https://www.econbiz.de/10012257019
Cover Image
Implications of cheap oil for emerging markets
Kabundi, Alain; Ohnsorge, Franziska - 2020
The COVID-19-triggered collapse in oil prices in March and April 2020 was the seventh, and by far the most severe, in a series of such collapses since 1970. This paper, first, compares this most recent collapse and its drivers with previous ones in an event study. It finds that it was associated...
Persistent link: https://www.econbiz.de/10012388647
Cover Image
Covid-19 and food protectionism : the impact of the pandemic and export restrictions on world food markets
Espitia, Alvaro; Rocha, Nadia; Ruta, Michele - 2020
percent on average. Escalating export restrictions would multiply the initial shock by a factor of 3, with world food prices …This paper analyzes the impact of Covid-19 and uncooperative trade policies on world food markets. It quantifies the … initial shock due to the pandemic under the assumption that products that are more labor intensive in production are more …
Persistent link: https://www.econbiz.de/10012241198
Cover Image
Cross-region transfers in a monetary union : evidence from the US and some implications
Pennings, Steven - 2020
US federal transfers to individuals are large, countercyclical, vary geographically, and are often credited for helping stabilize regional economies. This paper estimates the short-run effects of these transfers using plausibly exogenous regional variation in temporary stimulus packages and...
Persistent link: https://www.econbiz.de/10012241154
Cover Image
Policies to support businesses through the COVID-19 shock : a firm-level perspective
Cirera, Xavier; Cruz, Marcio José Vargas da; Davies, Elwyn - 2021
about D policies to support businesses through the COVID-19 pandemic. While governments around the world have implemented a …
Persistent link: https://www.econbiz.de/10012434683