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The US economy has endured an exceptionally severe recession caused by the measures put in place to contain the spread … of COVID-19. This occasional paper assesses the impact of this crisis on key labour market variables, such as (un-)employment …
Persistent link: https://www.econbiz.de/10014079702
The persistence of the employment shock by COVID-19 has various policy implications during the pandemic and beyond it … results show that while face-to-face services were undoubtedly hit hard by the COVID-19 crisis, the sectoral shock was less … suggest that targeted measures to mitigate the persistent effects of the employment shock should take priority during the …
Persistent link: https://www.econbiz.de/10012591513
the inflation–unemployment dynamics during the recession and COVID-19 times in India and the UK. Using a generalized …The recession in India and the UK peaked in 2017 due to the implications of new policy initiatives. The outbreak of the … additive model (GAM), the results of this study revealed that the recession had given way to stagflation in India. In contrast …
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The economic recovery in CESEE has strengthened further in recent months, resulting in a number of additional upgrades to our growth forecasts for 2021, to 5.4% on the regional average. This good performance has been built on two important foundation stones: the adaptation of the CESEE economies...
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Using the measures proposed by Mink et al. (2012), we reexamine the coherence of business cycles in the euro area using a long sample period. We also analyze the impact of the COVID-19 pandemic on business cycle coherence and examine whether our measures for business cycle coherence indicate a...
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