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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...
Persistent link: https://www.econbiz.de/10013201179
actors within them do prior, during and after a shock event is substantially contingent upon cultural environments. To … elaborate, we discuss the role of the uncertainty avoidance dimension of national culture in dealing with shock events. We …
Persistent link: https://www.econbiz.de/10014501875
Seit langem werden Reformen des Ehegattensplittings bei der Einkommensteuerdiskutiert, zuletzt während der Koalitionsverhandlungen im Oktober 2002. Das DIW Berlin hat die Aufkommens- und Belastungswirkungen des gegenwärtigen Splittingverfahrens und von alternativen Formen der...
Persistent link: https://www.econbiz.de/10011601441
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A growing body of empirical evidence suggests that a positive technology shock leads to a temporary decline in … sufficiently strong, a technology shock also has a negative effect on output in the short run. …
Persistent link: https://www.econbiz.de/10010295298
preferred model, almost 30 percent of the maximum effect of a shock still remains after ten years. …
Persistent link: https://www.econbiz.de/10010295302
We study the Beaudry and Portier (2006)-hypothesis of delayed-technology diffusion and news-driven business cycles. For German data on TFP and stock prices we find qualitatively similar empirical evidence. Quantitatively, however, an impulse response analysis suggests that a substantial part of...
Persistent link: https://www.econbiz.de/10010295308
A growing body of empirical evidence suggests that a positive technology shock leads to a temporary decline in … sufficiently strong, a technology shock also has a negative effect on output in the short run. …
Persistent link: https://www.econbiz.de/10010298813
This paper investigates the relationship between the magnitude of automatic stabilizers in the tax and transfer systems of 19 EU countries and the US, and discretionary fiscal stimulus packages passed by these countries during the recent economic crisis. In particular, we ask whether countries...
Persistent link: https://www.econbiz.de/10010331982