We analyse the short-term impact of social distancing measures on the US labour market, using a panel threshold model with high frequency (weekly) data on unemployment across US states. We find that changes in the restrictiveness of mandated social distancing, as measured by the Oxford...

By conducting a high-frequency event study similar to Gürkaynak et al.(2005), we find that two factors are needed to adequately capture the effects of monetary policy announcements for a non-inflation targeting emerging market economy, Malaysia. These factors are the surprise changes inthe...

We present a macroprudential stress testing framework. While traditional stress testing assesses the level of banks' capital adequacy relative to regulatory requirements through a hypothetical crisis, macroprudential stress testing assesses macroeconomic consequences of the impact of banks'...

Using data from the Current Population Surveys, we investigate the aggregate and distributional consequences of the Covid-19 pandemic and the associated public policy response on labor earnings and unemployment benefits in the United States up until February 2021. We find that year-on-year...

Consumption taxes are a pivotal yet largely unaddressed policy tool that shape the income distribution and potentially thwart the redistributive goals of social policy. Previous research showed how consumption taxes can elevate inequality and poverty on the macro level. However, different...

Die Datenlage zur Entwicklung der Verschuldungssituation infolge der Covid-19-Pandemie ist bislang lückenhaft. Die vorliegenden Datenpunkte und weitere Evidenz weisen jedoch trotz des schwerwiegenden Wirtschaftseinbruchs und der Folgen der Lockdowns auf Haushalte und konsumorientierte...

This study explores to what extent the COVID-19 crisis has been a turning point in the industrialisation process and the overall progress of countries towards sustainable development and what this implies for future inclusive and sustainable industrial development policies. The focus of the...

In diesem Beitrag geht es um die Frage, ob das Trägerschaftsmodell der Regionalplanung einen Einfluss einerseits auf die Regulierungsintensität der Regionalpläne, andererseits auf die regionale Siedlungsentwicklung hat. Dazu werden sieben Hypothesen formuliert. Auf der Grundlage einer...