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We consider the largely unexpected shock caused by the second wave of the COVID-19 pandemic in India to assess whether major crises that impact the well-being of a large number of individuals can be catalysts for civic activism. Exploiting state-level variation in COVID-19 peaks and...
Persistent link: https://www.econbiz.de/10014507577
In this paper, we discuss 10 parallels between the lack of preparation of financial system regulators prior to the GFC and the lack of preparation by public health authorities and governments prior to Covid-19. These parallels relate to: required stocks (of capital or equipment), data collection...
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spectrum of econometric tools (cointegration, VAR model, Granger causality, variance decomposition) and comparison of changes … markets worldwide. Stock markets in Central Europe were not excluded as they are not isolated from global stock markets … markets of selected new EU member states in Central Europe (the Czech Republic, Hungary, and Poland), the global stock market …
Persistent link: https://www.econbiz.de/10012939609
In the early stages of the global financial crisis and the COVID-19 crisis, bond issuance by non-financial and non-bank financial corporations in the developed economies hit record levels. However, the underlying reasons for this are different: during the global financial crisis, bond issuances...
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The federal government enacted massive spending in the Pandemic Recession. But was this spending scaled to the magnitude of the economic downturn? We examine the responsiveness of the safety net to the Pandemic Recession and compare it to that in the Great Recession. Using monthly state-level...
Persistent link: https://www.econbiz.de/10014322904
fertility, abortion, and neonatal mortality are more common during an economic downturn, and play a significant role in …
Persistent link: https://www.econbiz.de/10013537794