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The Cost of COVID-19 : A Rough Estimate of the 2020 U.S. GDP
Makridis, Christos - 2020
real GDP growth for two months of economic shutdown, which amounts to $2.14 trillion. Our results also suggest that the … a 15% decline in real GDP growth. Counties with higher shares of college graduates, digital workers, and higher median …
Persistent link: https://www.econbiz.de/10012838987
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Debt Relief and Slow Recovery : A Decade after Lehman
Piskorski, Tomasz - 2019
We follow a representative panel of millions of consumers in the U.S. from 2007 to 2017 and document several facts on the long-term effects of the Great Recession. There were about six million foreclosures in the ten-year period after Lehman's collapse. Owners of multiple homes accounted for 25%...
Persistent link: https://www.econbiz.de/10012896580
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The climate and the economy
Breckenfelder, Johannes; Maćkowiak, Bartosz; Marqués … - 2023
explores implications for growth, innovation, inflation, financial markets, fiscal policy, and several socio-economic outcomes …
Persistent link: https://www.econbiz.de/10014230344
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The global effects of US fiscal policy
Flood, Kimberly (contributor) - 2008
entitlement program expenditures will crowd out economic growth in the United States and the rest of the world. -- Fiscal policy …
Persistent link: https://www.econbiz.de/10003727267
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What should we expect from innovation? : a model-based assessment of the environmental and mitigation cost implications of climate-related R&D
Bosetti, Valentina; Carraro, Carlo; Duval, Romain; … - 2010
This paper addresses two basic issues related to technological innovation and climate stabilisation objectives: i) Can innovation policies be effective in stabilising greenhouse gas concentrations? ii) To what extent can innovation policies complement carbon pricing (taxes or permit trading) and...
Persistent link: https://www.econbiz.de/10008728830
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Study on quality of public finances in support of growth in the mediterranean partner countries of the EU
De Wulf, Luc; Coutinho, Leonor; Sassanpour, Cyrus; … - 2010
-- public finance ; economic growth ; Mediterranean region …
Persistent link: https://www.econbiz.de/10008736763
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Consequences and causes of corruption : what do we know from a cross-section of countries?
Lambsdorff, Johann - 2005
impact of corruption on investment, GDP, institutional quality, government expenditure, poverty, international flows of …
Persistent link: https://www.econbiz.de/10009424472
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Policy intervention in debt renegotiation : evidence from the home affordable modification program
Agarwal, Sumit; Amromin, Gene; Ben-David, Itzhak; … - 2012
We evaluate the effects of the 2009 Home Affordable Modification Program (HAMP) that provided intermediaries with sizeable financial incentives to renegotiate mortgages. HAMP increased intensity of renegotiations and prevented substantial number of foreclosures but reached just one-third of its...
Persistent link: https://www.econbiz.de/10009697769
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Keynesian, classical and new Keynesian approaches to fiscal policy : comparison and critique
Palley, Thomas I. - 2012
The short-run macroeconomic effectiveness of fiscal policy depends on the effect of policy on AD and the effect of AD on output. This paper examines how macroeconomic perspectives (Keynesian, Post Keynesian, monetarist, classical, new classical, and new Keynesian) describe the effect of AD on...
Persistent link: https://www.econbiz.de/10009616508
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An appraisal of fiscal policy measures and its implication for growth of the Nigerian economy : 1970 - 2009
Imoisi, Anthony Ilegbinosa - In: Advances in management & applied economics 3 (2013) 4, pp. 193-204
This research examines problems surrounding procedures of fiscal policy and their influence on economic growth in … Nigeria from 1970 - 2009. Theory envisage that fiscal policy can impinge on economic growth by changing motivation for … analysis concerning the effect of government spending and tax on economic growth in any nation. The research was conducted …
Persistent link: https://www.econbiz.de/10009762664