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Gourinchas, Pierre-Olivier; Kalemli-Ozcan, Sebnem; … - 2021

We estimate the impact of the COVID-19 crisis on business failures among small and medium-size enterprises (SMEs) in seventeen countries using a large representative firm-level database. We use a simple model of firm cost minimization and measure each firm’s liquidity shortfall during and...

Persistent link: https://www.econbiz.de/10013232582

Effects of the global crisis on Macedonia : a counterfactual analysis

Kabashi, Rilind - Narodna Banka na Republika Makedonija - 2014

This study investigates the effects of the global financial and economic crisis on Macedonia, with a particular focus on the period between 2008 and 2010. The counterfactual approach is used, according to which various hypothetical scenarios are created in order to simulate the movements of the...

Persistent link: https://www.econbiz.de/10011620242

Regional aspects of economic resilience in Romania, during the post-accession period

Zaman, Gheorghe; Georgescu, George - In: Revista română de economie 40 (2015) 1, pp. 5-32

Persistent link: https://www.econbiz.de/10011545584

The economic crisis and the solidarity of social insurance systems

Parcalabu, Domnica Doina - In: Acta Universitatis Danubius / Oeconomica 11 (2015) 2, pp. 51-60

Persistent link: https://www.econbiz.de/10011512931

Simulating the effect on households' real consumption and poverty of the increase in prices that followed the 2015-16 economic crisis in Mozambique

Mambo, Félix; Paris, Yonesse; Salvucci, Vincenzo; … - 2018

Poverty declined substantially in Mozambique between 1996/97 and 2014/15. However, the recent economic crisis, characterized by a significant increase in domestic prices, may have dragged several households into poverty. Using consumer price index and 2014/15 household budged survey data, we...

Persistent link: https://www.econbiz.de/10011873957

The persistence-resilience trade-off in unemployment : the role of labor and product market institutions

Aksoy, Tolga; Manasse, Paolo - 2018

The "great recession" has affected labor markets in Euro-area countries in very different ways. This chapter documents two important aspects of their response: the impact effect of the recession on the rate of unemployment, and the persistence of high unemployment. We find that countries lie on...

Persistent link: https://www.econbiz.de/10011858547

Influence of financial policy about the employment in Romania

Narcisa Roxana, Moşteanu - In: Budgetary research review : BRR 3 (2011) 1, pp. 3-19

This paper aims to examine the influence of the fiscal and budgetary policy to the labour market and how to determine the movement of filled employment positions from one period to another, the gross job creation, the gross job destruction, the job reallocation and the average job vacancies. The...

Persistent link: https://www.econbiz.de/10009580990

Post-Crisis Internal Conditions that May Affect the Monetary Policy in Romania

Ailincai, Alina - 2016

The monetary policy is judged to be robust enough to withstand the possible macroeconomic shocks, irrespective of their international or internal origin. Nevertheless, the internal conditions may play an important role in the manner of designing and orienting the monetary policies. This article...

Persistent link: https://www.econbiz.de/10012976898

25 years of "Northern" EU enlargement : 47th Economics Conference 2020 of the OeNB in cooperation with SUERF

Economics Conference <47., 2020, Wien>; … - 2020

Persistent link: https://www.econbiz.de/10012287545

The 'Austerity Myth' : Gain Without Pain?

Perotti, Roberto - 2014

- Finland and Sweden - after floating the currency. All four fiscal episodes were associated with an expansion; but only in … sterling coincidentally appreciated. In Finland and Sweden the currency experienced an extremely large depreciation after … wage negotiation process. In Finland and Sweden, the adoption of inflation targeting at the same time of the consolidation …

Persistent link: https://www.econbiz.de/10013067012

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