Similar Search Results

Temporary Layoffs, Loss-of-Recall and Cyclical Unemployment Dynamics

Gertler, Mark; Huckfeldt, Christopher K.; Trigari, Antonella - National Bureau of Economic Research - 2022

We revisit the role of temporary layoffs in the business cycle, motivated by their unprecedented surge during the pandemic recession. We first measure the contribution of temporary layoffs to unemployment dynamics over the period 1979 to the present. While many have emphasized a stabilizing...

Persistent link: https://www.econbiz.de/10013334353

A New Way of Forecasting Recessions

Leamer, Edward E. - National Bureau of Economic Research - 2022

This paper proposes a new way of displaying and analyzing macroeconomic time series to form recession forecasts. The proposed data displays contain the last three years of each expansion. These allow observers to see for themselves what is different about the last year before recession. Based on...

Persistent link: https://www.econbiz.de/10013334464

Non-Tariff Barriers in the U.S.-China Trade War

Chen, Tuo; Hsieh, Chang-tai; Song, Zheng Michael - National Bureau of Economic Research - 2022

We use Chinese customs data to show that unofficial non-tariff barriers were responsible for 50\% of the overall reduction in Chinese imports from the U.S. during the height of the U.S.-China trade war in 2018 and 2019. We infer non-tariff barriers from the change in imports of U.S. products...

Persistent link: https://www.econbiz.de/10013361973

US Wealth Shares, the Dollar and International Risk Sharing

Kim, Sun Yong - 2021

I study the joint dynamics between the US wealth share, the dollar and the global economy. I uncover three novel stylised facts about these joint dynamics. Firstly, the US wealth share is countercyclical: it falls on impact but subsequently rises over the course of global recessions. Secondly...

Persistent link: https://www.econbiz.de/10013237177

Stabilization Effects of Social Spending : Empirical Evidence from a Panel of OECD Countries Overcoming the Financial Crisis in the United States

Furceri, Davide - 2009

The aim of this paper is to assess the ability of social spending to smooth output shocks and to provide stabilization. The results show that overall social spending is able to smooth about 16 percent of a shock to GDP. Among its subcategories, social spending devoted to Old Age and Unemployment...

Persistent link: https://www.econbiz.de/10012442859

The Economic Growth Impact of Hurricanes: Evidence from US Coastal counties

Strobl, Eric - HAL - 2009

We estimate for the first time the impact of hurricane strikes on local economic growth rates and how this is reflected in more aggregate growth patterns. To this end we assemble a panel data set of US coastal counties' growth rates and construct a novel hurricane destruction index that is based...

Persistent link: https://www.econbiz.de/10008794023

Mangroves for coastal protection : evidence from hurricanes in Central America

Del Valle, Alejandro; Eriksson, Mathilda; Ishizawa, Oscar A. - 2019

This paper evaluates whether mangroves can mitigate the impact of hurricanes on economic activity. The paper assembles … the coast. The results show that hurricanes have negative short-run effects on economic activity, with losses likely … the hurricanes observed in the sample is fully mitigated in areas protected by mangrove belts of one or more kilometers …

Persistent link: https://www.econbiz.de/10012008300

Economic incentives for coastal homeowner adaptation to climate change

Kijewski-Correa, Tracy; Javeline, Debra; Kakenmaster, … - In: Climate policy 23 (2023) 10, pp. 1314-1326

Persistent link: https://www.econbiz.de/10014445649

Weathering storms: understanding the impact of natural disasters in Central America

Ishizawa, Oscar A.; Miranda, Juan José - In: Environmental & resource economics : the official … 73 (2019) 1, pp. 181-211

Persistent link: https://www.econbiz.de/10012130586

The economic growth impact of natural disasters in developing countries : evidence from hurricane strikes in the Central American and Caribbean regions

Strobl, Eric - In: Journal of development economics 97 (2012) 1, pp. 130-141

Persistent link: https://www.econbiz.de/10009411924