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Weltwirtschaft und von außerhalb des Instituts Antworten auf die drängenden Fragen: Wie verändert die Krise unsere Welt? Wird diese …The COVID-19 virus has spread to 215 countries, virtually covering all areas of the world, and has plunged the world in … impact: when countries are connected by trade in goods, when a lockdown closes factories in one place of the world, essential …
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We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...
Persistent link: https://www.econbiz.de/10011453724
This paper investigates the impact of the history of crises on macroeconomic performance. We first study the impact of past banking crises on the probability of a future banking crisis. Applying data for 1980 - 2010 for all countries for which the required information is available, controlling...
Persistent link: https://www.econbiz.de/10010369504
This paper identifies factors associated with takeoff - a sustained period of high growth following a period of stagnation. We examine a panel of 241 stagnation episodes" from 146 countries, 54 % of these episodes are followed by takeoffs. Countries that experience takeoffs average 2.3% annual...
Persistent link: https://www.econbiz.de/10010285304