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A quantitative assessment of strategies to achieve the sustainable development goals : an application to Guatemala
Banerjee, Onil; Cicowiez, Martín; Horridge, Mark; … - 2017
The Sustainable Development Goals (SDGs) are a universal call to action to end poverty and protect the environment. The …
Persistent link: https://www.econbiz.de/10011784224
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Monetary policy uncertainty and firm dynamics
Fasani, Stefano; Mumtaz, Haroon; Rossi, Lorenza - 2020
This paper uses a FAVAR model with external instruments to show that the policy uncertainty shocks are recessionary and are associated with an increase in the exit of firms and a decrease in entry and in the stock price with total factor productivity rising in the medium run. To explain this...
Persistent link: https://www.econbiz.de/10012243253
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Fiscal policy shocks and stock prices in the United States
Mumtaz, Haroon; Theodoridis, Konstantinos - 2017
This paper uses a range of structural VARs to show that the response of US stock prices to fiscal shocks changed in 1980. Over the period 1955-1980 an expansionary spending or revenue shock was associated with modestly higher stock prices. After 1980, along with a decline in the fiscal...
Persistent link: https://www.econbiz.de/10011627039
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The Federal Reserve's implicit inflation target and macroeconomic dynamics : a SVAR analysis
Mumtaz, Haroon; Theodoridis, Konstantinos - 2017
This paper identifies shocks to the Federal Reserve's inflation target as VAR innovations that make the largest contribution to future movements in long-horizon inflation expectations. The effectiveness of this scheme is documented via Monte-Carlo experiments. The estimated impulse responses...
Persistent link: https://www.econbiz.de/10011671941
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Common and country speci c factors in the distribution of real wages
Chatzivgeri, Eleni; Mumtazy, Haroon; Tavasciz, Daniela; … - 2018
We use a dynamic factor model to consider if real wage growth in the US, UK and Germany at different percentiles of the distribution can be explained by factors that are common across countries or specific to each country. Our results suggest that common factors explain a large proportion of the...
Persistent link: https://www.econbiz.de/10011895003
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Non-contributory pensions
Galiani, Sebastián; Gertler, Paul J.; Bando Grana, … - 2014
poverty. Drawing on data from Mexico's Adultos Mayores Program (Older Adults Program) --a cash transfer scheme aimed at rural …
Persistent link: https://www.econbiz.de/10011286683
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Another brick on the wall : on the effects of non-contributory pensions on material and subjective well being
Bando Grana, Rosangela; Galiani, Sebastián; Gertler, … - 2021
living in poverty. Households with a beneficiary increased their level of consumption by 44 percent. The program improved …
Persistent link: https://www.econbiz.de/10012586752
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The Latin American middle class : fragile after all?
Castellani, Francesca; Parent, Gwenn; Zentero, Jannet - 2014
This paper joins in the debate on the size of the middle class in Latin America, providing an analysis of its structure and characteristics. Using several measurements, it finds that 40-60 percent of Latin American households are middle class, a share which has consolidated over the past decade....
Persistent link: https://www.econbiz.de/10011289501
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The analysis and the measurement of poverty: an interval-based composite indicator approach
Drago, Carlo - 2021
The analysis and measurement of poverty is a crucial and unsolved issue in the field of social science. This work aims … to measure poverty as a multidimensional notion using a new composite indicator. However, subjective choices as different … model of poverty we have identified, considering various factors as weightings. Methodologically speaking, it is proposed an …
Persistent link: https://www.econbiz.de/10012609381
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The effects of non-contributory pensions on material and subjective well being
Bando Grana, Rosangela; Galiani, Sebastián; Gertler, … - 2017
beneficiary population by studying the Pension 65 program in Peru, which uses a poverty eligibility threshold. We find that the …
Persistent link: https://www.econbiz.de/10011784478