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What changes are needed to make counter-cyclical economic policy more effective in the aftermath of the recent crisis? An important lesson from the severity of the recent recession is that policy in various areas will have to be more prudent during upswings and to build in greater safety margins...
Persistent link: https://www.econbiz.de/10008542502
New variants of the virus are spreading which, together with seasonal effects, are estimated to be able to raise effective reproduction numbers by up to 90%. Meanwhile, many countries are rolling out vaccination programmes, but at varying speeds. Hence the race is on to beat the variants with...
Persistent link: https://www.econbiz.de/10012547063
What changes are needed to make counter-cyclical economic policy more effective in the aftermath of the recent crisis? An important lesson from the severity of the recent recession is that policy in various areas will have to be more prudent during upswings and to build in greater safety margins...
Persistent link: https://www.econbiz.de/10013143595
New variants of the virus are spreading which, together with seasonal effects, are estimated to be able to raise effective reproduction numbers by up to 90%. Meanwhile, many countries are rolling out vaccination programmes, but at varying speeds. Hence the race is on to beat the variants with...
Persistent link: https://www.econbiz.de/10013222192
What changes are needed to make counter-cyclical economic policy more effective in the aftermath of the recent crisis? An important lesson from the severity of the recent recession is that policy in various areas will have to be more prudent during upswings and to build in greater safety margins...
Persistent link: https://www.econbiz.de/10012444497
New variants of the virus are spreading which, together with seasonal effects, are estimated to be able to raise effective reproduction numbers by up to 90%. Meanwhile, many countries are rolling out vaccination programmes, but at varying speeds. Hence the race is on to beat the variants with...
Persistent link: https://www.econbiz.de/10012630293
measures perform well in regression analysis explaining productivity across OECD countries and over time. In OECD samples …
Persistent link: https://www.econbiz.de/10012202839
-factor productivity, capital deepening and employment) for an almost complete set of OECD countries, ii.) non-linear results on how …
Persistent link: https://www.econbiz.de/10012388225
quantity of education. The new measure has a strong link to productivity with the potential for productivity gains being much … MFP is considerable but the effects materialise with long lags. The paper simulates the impact of a particular reform to … education policy (pre-primary education) on human capital and productivity to demonstrate the usefulness of the new measure for …
Persistent link: https://www.econbiz.de/10013186787
-term consequences, among which are losses in human capital that will impact aggregate productivity for many years. Exploiting a new … losses in long-run aggregate productivity operating through the human capital channel could be at about 7% if the war lasts …
Persistent link: https://www.econbiz.de/10014304472