identical in all aspects except for the fact that some women face barriers to becoming entrepreneurs, which may be a function of …. In our baseline simulation, we obtain an output per capita loss due to these gender gaps of 9.4 percent, all of which is … one obtained in a framework where barriers to entrepreneurship were assumed to be independent of talent. …

changes, (iii) public debt sustainability and (iv) monetary policy. Following a one standard deviation shock, uncertainty … about debt sustainability has the largest and most significant impact on real activity, with negative effects on output … by debt sustainability. Our results are based on a new empirical framework that allows the volatility of identified …

with regards to emission reductions and sustainability strategies already achieved. …