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The theoretical literature argues that labor markets outcomes are affected by real minimum wages. Real minimum wages, however, co-move with the business cycle; their correlation with labor market outcomes should therefore not be interpreted causally. We employ structural vector autoregression to...
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effect of a shock or increase to food inflation and underemployment on total involuntary hunger. Results from the model show …, starting with immediate quarter after the shock occurred. Shocks to underemployment will also increase hunger incidence but the … effects last for only two quarters, also starting with immediate quarter after the shock. The results of this study provide …
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We examine causal links between energy consumption and health indicators (Mortality rate under-5, life expectancy … Wald tests with country specific bootstrap critical values. Our results show that health and energy consumption are … between energy consumption and health indicators in Nigeria. In particular, our findings suggest that electricity consumption …
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The coronavirus crisis that started in December 2019 was declared a pandemic by March 2020 and had devastating global consequences. The spread of the virus led to the implementation of different preventive measures prior to the availability of effective vaccines. While many governments...
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