It is neither likely nor desirable for central banks to exit from unconventional monetary policies in the near future. However, it is important that central banks develop an exit strategy, evaluate the merits of new and old monetary policy tools and communicate with the public so as to maintain...

В работе определены параметры среднесрочного и короткого циклов российской экономики. Установлено, что кризис в 2008-2009 гг. произошел в минимуме среднесрочного...

We analyze the impact of economic crises on mortality in Mexico. Identification of that effect is difficult because the GDP itself may be a function of health. In order to solve for endogeneity, we propose the use of two sets of instrumental variables at the state level. Our findings suggest...

The macroeconomic developments of the New Member States, in the context of the international financial and economic crisis during the years 2008 and 2009, were characterized by heterogeneity and were accompanied by distinct monetary and fiscal policy measures. The different impact of the...

This paper addresses firms' decisions on Corporate Social Responsibility (CSR) investments as a function of the prevailing macroeconomic context, namely under an economic crisis, a relevant scenario for many world economies nowadays. We focus on the corporate giving dimension of CSR. Under...