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This paper examines the evolution of consumer uncertainty about unemployment one year after the irruption of the covid-19 pandemic in European countries. Since uncertainty is not directly observable, we use two alternative methods to directly approximate it. Both approaches are based on...
Persistent link: https://www.econbiz.de/10013225259
Usually, offcial and survey-based statistics guide policy makers in their choice of response instruments to economic crises. However, in an early phase, after a sudden and unforeseen shock has caused incalculable and fast-changing dynamics, data from traditional statistics are only available...
Persistent link: https://www.econbiz.de/10012602741
Objective: To estimate the treatment effect from participating in an asthma intervention that was part of the National Asthma Control Program.Study Setting: Data on children who participated in asthma case management (N=270) and eligible children who did not participate in case management...
Persistent link: https://www.econbiz.de/10013156272
We compare the cost effectiveness of two pronatalist policies: (a) child allowances; and (b) daycare subsidies. We pay special attention to estimating how intended fertility (fertility before children are born) responds to these policies. We use two evaluation tools: (i) a dynamic model on...
Persistent link: https://www.econbiz.de/10011603561
In early 2020, the rapid spread of the coronavirus (COVID-19) quickly developed into a pandemic. This was followed by a sharp global economic downturn that was extraordinary in its speed, reach and scale. Within days of the first reported COVID-19 cases, the ECB daily Composite Indicator of...
Persistent link: https://www.econbiz.de/10014299598
This study investigates the effects of a monetary policy shock on real output and prices, by means of a novel distribution-free nonrecursive identification scheme for structural vector autoregressions. Structural shocks are assumed to be mutually independent. The identification procedure is...
Persistent link: https://www.econbiz.de/10011554080
Using EUROMOD, we cross-validate two types of micro-data presently available in the Grand-Duchy of Luxembourg, administrative data on one hand and survey data on the other hand. While administrative data, extracted from the recently implemented Social Security Data Warehouse, contain information...
Persistent link: https://www.econbiz.de/10008668774
It is widely recognized that the policy objectives of fiscal and monetary policymakers usually have different time horizons, and this feature may not be captured by traditional econometric techniques. In this paper, we first decompose U.S macroeconomic data using a time-frequency domain...
Persistent link: https://www.econbiz.de/10012866860
The importance of the working document is that it allows the analysis of information and cases associated with (SARS-CoV-2) COVID-19, based on the daily information generated by the Government of Mexico through the Secretariat of Health, responsible for the Epidemiological Surveillance System...
Persistent link: https://www.econbiz.de/10013310937
The purpose of this report is to examine the evidence available on the degree to which demand-side programs intended to stimulate broadband adoption have been demonstrated to fulfill their purpose. Our focus is on quantitative evaluations that seek to measure the causal impact of a program or...
Persistent link: https://www.econbiz.de/10014202454