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Effects of Fiscal Policy Shocks in an Open Economy : Evidence from Canada
Tsoungui Belinga, Vincent De Paul - 2017
What is the impact of fiscal policy shocks on key macroeconomic variables in Canada? This question triggered renewed … interest in the aftermath of the 2008-09 Great Recession. Indeed, as in many advanced economies, fiscal policy in Canada … explicitly accounts for spillovers from the U.S., Canada's main trading partner, and for oil price fluctuations. The findings …
Persistent link: https://www.econbiz.de/10012969405
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The Sooner, the Better : The Early Economic Impact of Non-Pharmaceutical Interventions During the COVID-19 Pandemic
Demirgüç-Kunt, Asli - 2020
The size of the economic shocks triggered by the COVID-19 pandemic and the effects of the associated non-pharmaceutical interventions have not been fully assessed, because the official economic indicators have not been published. This paper provides estimates of the economic impacts of the...
Persistent link: https://www.econbiz.de/10012832929
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Covid-19 and Food Protectionism : The Impact of the Pandemic and Export Restrictions on World Food Markets
Espitia, Alvaro - 2020
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 affected through workers' morbidity and containment...
Persistent link: https://www.econbiz.de/10012833536
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Lost Wages : The COVID-19 Cost of School Closures
Psacharopoulos, George - 2020
Social distancing requirements associated with COVID-19 (coronavirus) have led to school closures. In mid-April, the …
Persistent link: https://www.econbiz.de/10012834026
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Financing Firms in Hibernation During the COVID-19 Pandemic
Didier, Tatiana - 2020
The coronavirus (COVID-19) pandemic has halted economic activity worldwide, hurting firms and pushing them toward …
Persistent link: https://www.econbiz.de/10012834605
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The Potential Impact of COVID-19 on GDP and Trade : A Preliminary Assessment
Maliszewska, Maryla - 2020
The virus that triggered a localized shock in China is now delivering a significant global shock. This study simulates the potential impact of COVID-19 on gross domestic product and trade, using a standard global computable general equilibrium model. It models the shock as underutilization of...
Persistent link: https://www.econbiz.de/10012837348
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Winners and Losers from COVID-19 : Global Evidence from Google Search
Abay, Kibrom A. - 2020
As COVID-19 continues to wreak havoc across the world, researchers are attempting to quantify the economic fallout from the pandemic as it continues to unfold. Estimating the economic impacts of a prevailing pandemic is fraught with uncertainties about the epidemiology of the disease and the...
Persistent link: https://www.econbiz.de/10012832318
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Covid-19 Mortality in Rich and Poor Countries : A Tale of Two Pandemics?
Schellekens, Philip - 2020
COVID-19 can be described as a heat-seeking missile speeding toward the most vulnerable in society. That metaphor applies not just to the vulnerable in the rich world; the vulnerable in the rest of the world are not more immune. Yet, despite the extensive spread of the virus, the mortality toll...
Persistent link: https://www.econbiz.de/10012832606
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Do Performance Agreements Help Improve Service Delivery? The Experience of Brazilian States
Vinuela, Lorena - 2017
A growing number of states and municipalities in Brazil rely on results-based management, and many other local and state governments are considering adopting the practice. This paper examines the experiences of the Brazilian states that have implemented results agreements linked to variable pay....
Persistent link: https://www.econbiz.de/10012971353
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Managing State Debt and Ensuring Solvency : The Indian Experience
Rangarajan, C. - 2017
The paper presents the policymakers? perspective on the reforms undertaken to manage states? debt and ensure solvency. While the sustained high growth rates of the Indian economy played a part in alleviating the interest burden on debt and ensuring that the debt does not grow in an explosive...
Persistent link: https://www.econbiz.de/10012975288