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China, although India has the same potential to grow with an expansion of manufacturing. Overall, it argues that … on overestimation of GDP/GVA growth estimates over the years from 2011-12 to about 2016-17 comprehensively. There is …
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, natural disasters) and their effects on the demand for cash in an international context. It becomes evident that over the past … 30 years cash demand always increased in times of crises, independent of the nature of the crisis itself.However, the …
Persistent link: https://www.econbiz.de/10012692738
excess cash based on the valuation model of Fama and French (1998). Baker et al. (2016) news-based index (BBD index) is …Purpose This paper investigates the effect of economic policy uncertainty on value of cash before and after the global …,000 firms across 19 countries over the period 2004-2016. Findings We find that economic policy uncertainty is negatively …
Persistent link: https://www.econbiz.de/10014318752
Although economic growth continued to be lukewarm in 2021, tax revenue increased significantly, even exceeding the pre-crisis level despite economic policy measures associated with revenue losses. During the 2008-2011 global financial crisis, tax revenue followed a different path: Its recovery...
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This paper takes stock of the global economic recovery a decade after the 2008 financial crisis. Output losses after the crisis appear to be persistent, irrespective of whether a country suffered a banking crisis in 2007-08. Sluggish investment was a key channel through which these losses...
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