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The COVID-19 pandemic risks exacerbating inequality in Asia. High frequency labor surveys show that the pandemic is having particularly adverse effects on younger workers, women and people that are more vulnerable. Pandemics have been shown to increase inequalities. As a result, income...
Persistent link: https://www.econbiz.de/10013314837
We examine the economy-wide impact of the child support grant (CSG) on the South African economy using a bottom-up/top-down approach. This allows us to estimate the potential effects on households’ welfare and on the economy following a change in the CSG. Three simulations are presented, in...
Persistent link: https://www.econbiz.de/10014159685
This paper provides evidence of the impact of COVID-19 on employment in Chile. During the last two quarters, the pandemic destroyed two million jobs, almost one third of the labor force. To formulate economic policies we must understand why some sectors, occupations, and demographic groups are...
Persistent link: https://www.econbiz.de/10013242091
The consequences of COVID-19 pandemic had numerous social, political, and economic consequences. However, many studies suggest the labor market is the most affected area compared to the others. This is because some of the workers were forced to quit due to the presence of the pandemic at their...
Persistent link: https://www.econbiz.de/10014241133
We evaluate the direct employment effect of the public investment in key infrastructure—electricity, roads, schools and hospitals, and water and sanitation. Using rich firm-level panel data from 41 countries over 19 years, we estimate that US$1 million of public spending in infrastructure...
Persistent link: https://www.econbiz.de/10013302708
We study the impact of the pandemic on gender gaps in labor market outcomes in Switzerland. Using the Swiss Labor Force Survey data, we document a significant increase in the gender gap in labor market participation. We find no evidence of a worsening of the unemployment gender gap during the...
Persistent link: https://www.econbiz.de/10013542095
The Obama stimulus package has been less than a total success if one is to compare what was predicted to what has been delivered to date. The crux of the problem is that the economic planners have ignored or failed to take into account the secondary effects that increased government spending has...
Persistent link: https://www.econbiz.de/10013054157
With the pandemic caused by the novel coronavirus SARS-CoV-2 raging around the world, many countries’ economies are at a crucial juncture. The COVID-19 external shock to the economy has the potential to affect corporate governance profoundly. This article explores its possible impact on...
Persistent link: https://www.econbiz.de/10013247888
The COVID-19 pandemic and the resulting lockdown policies have disproportionately affected workers at the bottom of the income distribution, thus widening the earnings gap between the top and the bottom percentiles of workers. In this paper, we examine how changes in the labor market due to the...
Persistent link: https://www.econbiz.de/10012827553
The article presents the gist, the kinds and manifestations of justice, with the discussion of the controversies around social justice. The analysis deals with the relationship between social justice and economic efficiency and effectiveness - especially in the environmental protection - as well...
Persistent link: https://www.econbiz.de/10012799274