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We employ interest rates and expected loss probabilities from the 2021 EBA Stress Test dataset and euro area credit …-subsidization effect of credit risk. …
Persistent link: https://www.econbiz.de/10013448732
What are the effects on the labor market and aggregate income of frictions that restrict women's labor decisions that impede labor participation and composition being equal between men and women? To answer this question, I develop an occupational general equilibrium model with heterogeneous...
Persistent link: https://www.econbiz.de/10014577711
The report explores the main impact of the crisis on the Bulgarian labor market whereby the key points are focused on the relation between changes in employment and educational structure of the labor force in Bulgaria, which took place under the influence of the crisis, and the trends of their...
Persistent link: https://www.econbiz.de/10011534117
This paper examines the quantitative effects of gender gaps in entrepreneurship and labor force participation on aggregate productivity and income per capita. We simulate an occupational choice model with heterogeneous agents in entrepreneurial ability, where agents choose to be workers,...
Persistent link: https://www.econbiz.de/10013057637
The African Continental Free Trade Area marks a historic decision on the road to regional economic integration on the continent. If implemented, the agreement has the potential to make a significant impact on improving the livelihoods of the African people, by increasing intra-African trade and...
Persistent link: https://www.econbiz.de/10012133949
This research presents a new metric known as "AI Augmentation," aimed at quantifying the influence of generative AI across diverse job roles, organizations, and sectors. The analysis defies prevailing expectations of job losses due to AI, instead demonstrating a reverse correlation between AI...
Persistent link: https://www.econbiz.de/10014345530
Persistent link: https://www.econbiz.de/10005630985
In this paper we provide first systematic evidence on the gender disparities in the labor market in Swaziland, drawing on the country's first two (2007 and 2010) Labor Force Surveys. We find that even though the global financial crisis had a less severe effect on the labor market outcomes of...
Persistent link: https://www.econbiz.de/10011595966
Non-performing loans (NPLs) were found to respond to macroeconomic conditions, such as GDP growth, unemployment, and …
Persistent link: https://www.econbiz.de/10011244505
How to entrench hard-won gains, increase resilience to shocks, and improve growth performance to reduce poverty? As Central America moves forward in regaining macroeconomic stability, these are the challenges. This study analyzes Central America’s real, fiscal, monetary, and financial...
Persistent link: https://www.econbiz.de/10005590924