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Gauging two sides of regional economic resilience in Western Germany : why resistance and recovery should not be lumped together
Pudelko, Franziska; Hundt, Christian - 2017
The paper empirically investigates the economic resilience of Western German regions in the wake of the Great Recession … specialization, related and unrelated variety) and the explicit subdivision of shortterm resilience into resistance and recovery. The … of short-term resilience entails the risk of imprecise, if not false conclusions on the driving mechanisms stabilizing …
Persistent link: https://www.econbiz.de/10011638546
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Switching-track after the great recession
Vinci, Francesca; Licandro, Omar - 2021
Recession, as well as the V-shaped recoveries that followed the oil shock recessions. …
Persistent link: https://www.econbiz.de/10012533939
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Looking into the abyss? : Brazil at the mid-2010s
Carvalho, Fernando J. Cardim de - 2016
The Brazilian economy in 2015 was afflicted by a lethal combination of decelerating activity and accelerating inflation. Expectations for 2016 are equally or even more adverse, since the effects of rising unemployment emerge only after a lag. The domestic debate has pitted analysts who believe...
Persistent link: https://www.econbiz.de/10011438517
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The US economy since the crisis : slow recovery and secular stagnation
Blecker, Robert A. - In: European journal of economics and economic policies : … 13 (2016) 2, pp. 203-214
Persistent link: https://www.econbiz.de/10011569824
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The Great Recession and small states
Edwards, Jeffrey A.; Naanwaab, Cephas B.; Simkins, Scott P. - In: Economic issues 28 (2023) 1, pp. 81-103
Persistent link: https://www.econbiz.de/10014316021
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Economic resilience : what role for policies?
Caldera Sánchez, Aida; Rasmussen, Morten; Röhn, Oliver - In: Journal of international commerce, economics and policy 7 (2016) 2, pp. 1-44
Persistent link: https://www.econbiz.de/10011484898
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Economic policy uncertainty spillovers in booms and busts
Caggiano, Giovanni; Castelnuovo, Efrem; Figueres, Juan … - 2018
We estimate a nonlinear VAR to quantify the impact of economic policy uncertainty shocks originating in the US on the Canadian unemployment rate in booms and busts. We find strong evidence in favor of asymmetric spillover effects. Unemployment in Canada is shown to react to uncertainty shocks in...
Persistent link: https://www.econbiz.de/10011862894
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Is India's long-term trend growth declining?
Patnaik, Ila; Pundit, Madhavi - 2014
eliminating frictions that hamper efficient allocation of resources in factor markets can be seen as a positive shock that will …
Persistent link: https://www.econbiz.de/10010463539
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Global shocks alert and monetary policy responses
Shobande, Olatunji Abdul; Shodipe, Oladimeji Tomiwa; … - 2019
The study examines the role of global predictors on national monetary policy formation for Kenya and Ghana within the New Keynesian DSGE framework. We developed and automatically calibrated our DSGE model using the Bayesian estimator, which made our model robust to rigorous stochastic number of...
Persistent link: https://www.econbiz.de/10012107801
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Crises in Asia : recovery and policy responses
Hong, Kiseok; Hsiao Chink Tang - 2010
The goal of this paper is to provide stylized facts on recovery from economic downturns and to evaluate the role of macroeconomic policies in promoting recovery. In particular, we examine gross domestic product (GDP) recessions and financial downturns (credit contractions and stock price...
Persistent link: https://www.econbiz.de/10011283446