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The Europe and Central Asia (ECA) region has been hit by a crisis on multiple fronts. Countries in ECA are facing major … on household well-being. In particular, it seeks to understand the key macroeconomic shocks confronted by the region and … the impact of such shocks on household welfare, including the effect on household income flows, consumption levels, and …
Persistent link: https://www.econbiz.de/10012561043
just above the poverty line in the economies of Eastern and Central Europe, the former Soviet Union, and Turkey. This note … concerns the findings of recent World Bank analysis (Tiongson et al. 2010) that uses precrisis household data and aggregate …
Persistent link: https://www.econbiz.de/10012555284
The financial crisis threatens the welfare of about 160 million people in the Europe and Central Asia (ECA) region who … are poor or are just above the poverty line. Using pre-crisis household data along with aggregate macroeconomic outturns … countries, including the concentration of the poverty impact in selected economic sectors. Meanwhile, stress tests on household …
Persistent link: https://www.econbiz.de/10012550866
This paper examines the impact of the recent banking crises in Europe and Central Asia on households' incomes and … the macro level a flexible monetary regime is associated with fewer cutbacks in household consumption. At the meso level …, it finds no evidence that foreign bank ownership amplified the transmission of banking crises to households in Europe …
Persistent link: https://www.econbiz.de/10011395811
This paper examines the impact of the recent banking crises in Europe and Central Asia on households' incomes and … the macro level a flexible monetary regime is associated with fewer cutbacks in household consumption. At the meso level …, it finds no evidence that foreign bank ownership amplified the transmission of banking crises to households in Europe …
Persistent link: https://www.econbiz.de/10012974168
This paper examines the impact of the recent banking crises in Europe and Central Asia with an emphasis on household … and finds that at the macro level a flexible monetary regime is associated with fewer cutbacks in household consumption … households in Europe. With respect to micro-level mitigators, the analysis finds that diversified income sources as well as …
Persistent link: https://www.econbiz.de/10012560373
-thirds of respondents in Europe and Central Asia report their household was subjectively affected, primarily through the labor …This paper analyzes the subjective impact of the global economic crisis on households in Europe and Central Asia and … household budget surveys that the crisis reduced the consumption of the middle and upper classes. But the analysis also finds …
Persistent link: https://www.econbiz.de/10011395282
-thirds of respondents in Europe and Central Asia report their household was subjectively affected, primarily through the labor …This paper analyzes the subjective impact of the global economic crisis on households in Europe and Central Asia and … household budget surveys that the crisis reduced the consumption of the middle and upper classes. But the analysis also finds …
Persistent link: https://www.econbiz.de/10012975393