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In response to COVID-19 most governments used some form of lockdown policy to manage the pandemic. This required making iterative policy decisions in a rapidly changing epidemiological environment resulting in varying levels of lockdown stringency over time. While studies estimating the labour...
Persistent link: https://www.econbiz.de/10014430039
The COVID-19 pandemic has caused massive disruptions to the global economy and forced policymakers to respond to the newly created challenges. Many policy institutions have therefore had to rethink their established approaches and their usual policy responses.
Persistent link: https://www.econbiz.de/10013337749
The Chilean pension system was hit hard during 2020-2021 by the withdrawal of 25 per cent of the individual pensions funds accumulated by 2019, an amount equivalent to 20 per cent of Chile's GDP. We estimate here the impact of those withdrawals on new pension allowances, using a combination of...
Persistent link: https://www.econbiz.de/10014494309
The COVID-19 pandemic significantly impacted the global economy, with variable effects on economic growth, employment, and inflation rates in different countries and regions. Latin America and the Caribbean (LAC) region experienced the most severe consequences for economic growth and employment,...
Persistent link: https://www.econbiz.de/10015358035
We study the labor supply impact of the COVID-19 pandemic by gender in four Latin American and Caribbean (LAC) countries: Brazil, Chile, Dominican Republic, and Mexico. To identify the impact, we compare labor market stocks and labor market flows over four quarters for a set of balanced panel...
Persistent link: https://www.econbiz.de/10014495132
In this paper, we provide causal evidence of the impact of stringent lockdown policies on labour market outcomes at both the extensive and intensive margins, using Ghana as a case study. We take advantage of a specific policy setting, in which strict stay-at-home orders were issued and enforced...
Persistent link: https://www.econbiz.de/10012428156
The economic crisis caused by the Coronavirus (COVID-19) pandemic sharply reduced mobility and economic activity … experienced severe labor market disruptions following the Coronavirus (COVID-19) outbreak. Thirty-four percent of respondents …
Persistent link: https://www.econbiz.de/10012431813
At present, the world is facing an unprecedented employment challenge due to the COVID-19 pandemic. International Labor Organization of the United Nations expects the largest amount of youth unemployment at the global level to take place in manufacturing, real estate, wholesale, and...
Persistent link: https://www.econbiz.de/10012803962
US states have implemented lockdown measures to contain the COVID-19 pandemic. We assess the impact of state policy responses on local economic and health conditions, with the goal to shed light on marginal health benefits and economic costs associated with social distancing. We find that...
Persistent link: https://www.econbiz.de/10012587672
There is a concern among social scientists and policymakers that the COVID-19 crisis might permanently change the nature of work. We study how labor demand in Mexico has been affected during the pandemic by web scraping job ads from a leading job search website. As in the U.S., the number of...
Persistent link: https://www.econbiz.de/10012594205