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We use data from online job postings listed on a job board to study how the demand for jobs linked to new technologies during the COVID-19 crisis responded to pandemic mitigation policies. We classify job postings into a standard occupation classification, using text analytics, and we group...
Persistent link: https://www.econbiz.de/10013172458
The COVID-19 pandemic and the resulting public health mitigation have caused large-scale economic disruptions globally. During this time, there is an increased need to predict the macroeconomy's short-term dynamics to ensure the effective implementation of fiscal and monetary policy. However,...
Persistent link: https://www.econbiz.de/10012418760
This paper develops an agent-based modelling approach to quantify the impact of COVID-19-induced economic disruptions on household debt and unplanned savings over 2020. We merge data from the Survey of Financial Security and the Survey of Household Spending to construct a representative...
Persistent link: https://www.econbiz.de/10012322138
implemented in Canada in response to the COVID-19 pandemic. These programs allowed individuals to push off mortgage and credit …
Persistent link: https://www.econbiz.de/10012488068
banknote demand from international visitors to Canada by exploiting the exogenous shock from COVID-19 international travel … traveler demand's distinct regional patterns and data from the Bank of Canada's Bank Note Distribution System. I find that each … international visitor brought on average $165 worth of hundred-dollar notes with them to Canada prior to the pandemic. Under …
Persistent link: https://www.econbiz.de/10014562992
This paper quantifies global demand, supply and uncertainty shocks and compares two major global recessions: the 2008-09 Great Recession and the COVID-19 pandemic. We use two alternate approaches to decompose economic shocks: text mining techniques on earning call transcripts and a structural...
Persistent link: https://www.econbiz.de/10014456396
are correlated with Statistics Canada's revisions to GDP; (iv) high-frequency analyses of transactions around extreme …
Persistent link: https://www.econbiz.de/10003641311
are important. An analysis of the economic effects using the Bank of Canada's Global Economy Model shows that the gains …
Persistent link: https://www.econbiz.de/10003641330
KLEMS database for Canada. We estimate a dynamic heterogeneous panel error-correction model of twelve 2-digit level …
Persistent link: https://www.econbiz.de/10003641346
dominance in both Mexico and South Korea, but almost no fiscal dominance in Canada and the U.S. The country-specific estimates …
Persistent link: https://www.econbiz.de/10003772978