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The role of MPC heterogeneity for fiscal and monetary policy in the Euro Area
Albacete, Nicolas; Fessler, Pirmin; Pekanov, Atanas - 2024
Closely following the seminal contribution of Jappelli and Pistaferri (2014) - based on Italian household survey data - we employ data of 22 European countries to assess the role of heterogeneity of the marginal propensity to consume (MPC) for fiscal policy in the Euro area. We document an...
Persistent link: https://www.econbiz.de/10014486919
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Has Monetary Policy Made You Happier?
Bunn, Phillip - 2020
Concerns were raised about the distributional impact of the loosening in UK monetary policy following the financial crisis. We assess the impact of this loosening on well-being using household-level data and estimated utility functions. The welfare benefits are found to have been positive, in...
Persistent link: https://www.econbiz.de/10012828064
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The Covid-19 lesson from Sweden : don't lock down
Andersson, Fredrik N. G.; Jonung, Lars - In: Economic affairs : journal of the Institute of Economic … 44 (2024) 1, pp. 3-16
Persistent link: https://www.econbiz.de/10014531971
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Identifying effective combinations of economic policy measures for the coronavirus recession in Europe
Bernoth, Kerstin; Clemens, Marius; Dany-Knedlik, Geraldine - In: DIW weekly report : economy, politics, science : a … 10 (2020) 23, pp. 263-273
As the coronavirus pandemic spread across the globe in early 2020, the European Central Bank as well as national …
Persistent link: https://www.econbiz.de/10012231998
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The People's Bank of China's response to the coronavirus pandemic : a quantitative assessment
Funke, Michael; Tsang, Andrew - 2020
underlying unobserved component. We use the derived indicator to trace the response of the PBoC to the coronavirus pandemic. The …
Persistent link: https://www.econbiz.de/10012225365
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Covid-19 pandemic : overview of the fiscal policy response and macroeconomic developments in the Euro Area and the United States
Anastasatu, Marianthē; Anyfantaki, Sofia - In: Economic bulletin 57 (2023), pp. 47-65
Persistent link: https://www.econbiz.de/10014382749
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The effects of institutional independence on initial central bank responses to the COVID-19 Crisis
Glinavos, Ioannis - In: Central banking in a post-pandemic world : global …, (pp. 109-126). 2024
Persistent link: https://www.econbiz.de/10014500624
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On the vulnerability of economies to COVID-19 : an empirical approach
Díaz Roldán, Carmen; Pérez de la Cruz, José María; … - In: Revista de economía mundial : REM ; revista de la … 58 (2021), pp. 95-114
Persistent link: https://www.econbiz.de/10012658932
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Europe at the crossroads of the COVID-19 crisis : integrated macroeconomic policy solutions for an asymmetric area
Mendonça, António; Sousa-Vale, Sofia de - In: New challenges for the eurozone governance : joint …, (pp. 45-67). 2021
The economic crisis triggered by the COVID–19 pandemic once again raises doubts about the eurozone's ability to deal with joint economic problems given its dissimilar dynamics and asymmetries. This chapter contributes to a paradigm shift in the governance of the euro area towards a more...
Persistent link: https://www.econbiz.de/10012664767
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Regulating in Pandemic : Evaluating Economic and Financial Policy Responses to the Coronavirus Crisis
Hafiz, Hiba - 2020
The United States is currently trying to manage a fast-moving public health crisis due to the coronavirus outbreak … provisions of H.R. 6201 (the “Families First Coronavirus Responses Act”) passed by the house on March 14, 2020, subject to … on March 18, 2020. Next, it analyzes the provisions of H.R. 748 (the “Coronavirus Aid, Relief, and Economic Security Act …
Persistent link: https://www.econbiz.de/10012839295