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This paper investigates determinants of convergence in GDP per capita in the euro area and the EU between 1995 and 2021. It finds that the COVID-19 crisis temporarily slowed convergence but the estimated negative impact is significantly smaller than during the global financial crisis. Diverging...
Persistent link: https://www.econbiz.de/10014334683
Economic recovery post-COVID-19 will be structured around answering a number of fundamental questions. It is necessary to take stock of the extent of the recovery and of the transformation our economies have experienced in the last year and a half.
Persistent link: https://www.econbiz.de/10013343161
Cutbacks in government spending slowed the recovery and led to lasting damage to workers and economic growth.
Persistent link: https://www.econbiz.de/10012700518
Too much blood in terms of unemployment and sweat in terms of intellectual effort has been spent on trying to determine the amount of fiscal space that economies have – our policy focus instead should be on what to do with the fiscal space that almost all advanced economies (and a surprising...
Persistent link: https://www.econbiz.de/10012700519
While Europe's response to the pandemic has been laudable, there remains more to be done in order to prevent economic scarring and ensure a robust recovery.
Persistent link: https://www.econbiz.de/10012700520
The COVID-19 pandemic has led to the biggest global recession since the Second World War. Forecasts show the European Union underperforming economically relative to the United States and China during 2019–2023. Southern European countries have been particularly strongly affected. Some sectors...
Persistent link: https://www.econbiz.de/10012700522
Escape variants can cause new waves of COVID-19 outbreaks and put vaccination strategies at risk. To prevent or delay the global spread of these waves, virus mobility needs to be minimised through screening and testing strategies, which should also cover vaccinated people. The costs of these...
Persistent link: https://www.econbiz.de/10012700526
Across the board statements on who suffers most are not helpful and may actually be a disservice to the fight for greater gender equality.
Persistent link: https://www.econbiz.de/10012700531
Unpaid work carried out inside the home has increased in the pandemic, and evidence points to women's share in care responsibilities and domestic tasks remaining higher than those of men in the pandemic, continuing the gender divides of past decades.
Persistent link: https://www.econbiz.de/10012700532
So, when asked if men and women in the Swedish labour market have been differently affected by the COVID-19 pandemic, our overall conclusion would have to be "no".
Persistent link: https://www.econbiz.de/10012700534