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This article compares inequality in US employment across social groups in the Great Recession and the COVID-19 pandemic. We develop an inequality measure that captures both how much employment declines during a recession and the persistence of those declines. The results show a significant shift...
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The US economy accounts for ¼ of the world's GDP. The dream development of USA was busted when the world major … 2008 saw herself in front of the world recession. All that state would do was either wrong nor all that market would was … right. The LPG not only gives you goodies but also the economic tsunami which even the developed world is unable to confront …
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We examine the drivers of venture capital financing raised by companies in 162 countries over 22 years from 2000 to 2021, using a novel combination of two venture capital databases Crunchbase and Refinitiv (previously known as VentureXpert). We show that at the firm level companies raise less...
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This paper explores how the sudden stop in capital flows to emerging market economies associated with the Covid-19 pandemic unfolded, the substantial policy responses that were needed to alleviate it, and the lessons we might draw from this episode. We identify four areas where further work...
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