Showing 41 - 50 of 90,816
We investigate (i) the characteristics of real economic and price convergence, (ii) the relationship between economic growth (convergence) and real exchange rate (RER) misalignments within the European Union (EU) during the period 1995–2016. In addition to the relative external price level of...
Persistent link: https://www.econbiz.de/10012012148
This occasional paper reviews the macroeconomic developments in the euro area countries over the past 20 years. It analyses the accumulation of macroeconomic imbalances in the first decade of the EMU and their unwinding during the second decade. It shows that while flow imbalances have been...
Persistent link: https://www.econbiz.de/10011865842
dynamics in this period. In particular, the sharp decline in real interest rates that took place in Italy and Spain seem to …
Persistent link: https://www.econbiz.de/10012995508
This occasional paper reviews the macroeconomic developments in the euro area countries over the past 20 years. It analyses the accumulation of macroeconomic imbalances in the first decade of the EMU and their unwinding during the second decade. It shows that while flow imbalances have been...
Persistent link: https://www.econbiz.de/10012915884
In recent years, several proposals have emerged from the policy and academic spheres to address climate and energy-related public investment needs in the European Union (EU) with an EU-level instrument. This paper provides an analytical contribution to the discussion by examining the rationale...
Persistent link: https://www.econbiz.de/10014248720
The Covid-19 pandemic has produced unprecedented negative effects on the global economy, affecting both the demand and supply side. Its consequences in terms of job losses have been important in many European countries. A large number of firms have been forced to dismiss at least part of their...
Persistent link: https://www.econbiz.de/10014289578
Our paper explores how the ability to work remotely has changed over time, its relationship with demographic characteristics and employment outcomes, and the role it played during the pandemic recession. We focus on two different remote work indexes, a measure of "no physical presence"-proposed...
Persistent link: https://www.econbiz.de/10013393334
Enacted March 27, 2020, the Paycheck Protection Program (PPP) was the most ambitious and creative fiscal policy response to the Pandemic Recession in the United States. PPP offers forgivable loans — essentially grants — to businesses with 500 or fewer employees that meet certain...
Persistent link: https://www.econbiz.de/10012322607
In this paper, we shed light on the impacts of the COVID-19 pandemic on the labor market, and how they have evolved over most of the year 2020. Relying primarily on microdata from the CPS and state-level data on virus caseloads, mortality, and policy restrictions, we consider a range of...
Persistent link: https://www.econbiz.de/10012660909
The Covid-19 pandemic has produced unprecedented negative effects on the global economy, affecting both the demand and supply side. Its consequences in terms of job losses have been important in many European countries. A large number of firms have been forced to dismiss at least part of their...
Persistent link: https://www.econbiz.de/10014331184