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Regulation and the Macroeconomy
Dawson, John W.; Seater, John J. - 2004
We introduce a new measure of the extent of federal regulation, the number of pages in the Code of Federal Regulations …, and use it to investigate the relationship between federal regulation and macroeconomic performance in the U.S. We find … that regulation has statistically and economically significant effects on aggregate output and the factors that produce it …
Persistent link: https://www.econbiz.de/10014073605
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Natural disasters and macroeconomic performance : the role of residential investment
Strulik, Holger; Trimborn, Timo - 2014
Recent empirical research has shown that income per capita in the aftermath of natural disasters is not necessarily lower than before the event. Income remains in many cases not significantly affected or, perhaps even more surprisingly, it responds positively to natural disasters. Here, we...
Persistent link: https://www.econbiz.de/10010255055
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Natural disasters and macroeconomic performance
Strulik, Holger; Trimborn, Timo - 2016
Recent empirical research has shown that output and GDP per capita in the aftermath of natural disasters are not necessarily lower than before the event. In many cases, both are not significantly affected and, surprisingly, sometimes they are found to respond positively to natural disasters....
Persistent link: https://www.econbiz.de/10011534396
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Natural disasters and macroeconomic performance : the role of residential investment
Strulik, Holger; Trimborn, Timo - 2014 - First Version: March 2014. This Version: September 2014
Recent empirical research has shown that income per capita in the aftermath of natural disasters is not necessarily lower than before the event. In many cases, income is not significantly affected and surprisingly, can even respond positively to natural disasters. Here, we propose a simple...
Persistent link: https://www.econbiz.de/10010429129
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Modern infectious diseases: macroeconomic impacts and policy responses
Bloom, David E.; Kuhn, Michael; Prettner, Klaus - 2020
We discuss and review literature on the macroeconomic effects of epidemics and pandemics since the late 20th century. First, we cover the role of health in driving economic growth and well-being and discuss standard frameworks for assessing the economic burden of infectious diseases. Second, we...
Persistent link: https://www.econbiz.de/10012271478
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The Impact of Regulation on Growth and Informality Cross-Country Evidence
Loayza, Norman; Maria Oviedo, Ana; Servén, Luis - 2005
This paper studies the effects of regulation on economic growth and the relative size of the informal sector in a large … regulation affects macroeconomic performance and economic growth in particular. The paper concludes that a heavier regulatory …
Persistent link: https://www.econbiz.de/10014063887
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The Effects of Structural Reforms : Evidence from Italy
Mocetti, Sauro; Ciapanna, Emanuela; Notarpietro, Alessandro - 2020
This paper quantifies the macroeconomic effects of three major structural reforms (i.e., service sector liberalizations, incentives to innovation and civil justice reforms) undertaken in Italy in the last decade. We employ a novel approach that estimates the impact of each reform on total factor...
Persistent link: https://www.econbiz.de/10014090224
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China Macroeconomic Stability : New Evidence from Unknown Smooth Breaks
Shi, Kai - 2012
We utilize the new stationarity test based on the standard KPSS procedure which uses a single frequency Fourier function approximating unknown smooth breaks developed by Becker et al. (2006) for studying Chinese economic reform. In contrast to other literatures on unit-root and structural change...
Persistent link: https://www.econbiz.de/10013097787
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Modern Infectious Diseases : Macroeconomic Impacts and Policy Responses
Bloom, David E. - 2020
We discuss and review literature on the macroeconomic effects of epidemics and pandemics since the late 20th century. First, we cover the role of health in driving economic growth and well-being and discuss standard frameworks for assessing the economic burden of infectious diseases. Second, we...
Persistent link: https://www.econbiz.de/10012824432
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Focusing COVID-19 Bailout and Recovery
Puaschunder, Julia M. - 2022
The novel coronavirus SARS-CoV-2 imposes the most unexpected external economic shock to modern humankind, triggering abrupt consumption and behavior pattern shifts around the world with widespread socio-economic impacts. In order to alleviate unexpected negative fallouts from the crisis,...
Persistent link: https://www.econbiz.de/10014025921