In this paper, we investigate the impact of the COVID-19 pandemic on German household income using a micro-level approach. We combine a microsimulation model with labour market transition techniques to simulate the COVID-19 shock on the German labour market. We find the consequences of the...

We evaluate the direct employment effect of the public investment in key infrastructure - electricity, roads, schools and hospitals, and water and sanitation. Using rich firm-level panel data from 41 countries over 19 years, we estimate that US$1 million of public spending on infrastructure...

This paper studies how COVID-19 has affected the labor market in Korea through a general equilibrium model with multiple industries and occupations. In the model, workers are allocated to one of many occupations in an industry, and industrial or occupational shocks alter the employment...

As transit ridership continues to fall in many cities across the globe, key policy debates continue around whether Uber and other ride-hailing services contribute to this trend. This research explores the effects of ride-hailing to Colombian cities on public transportation ridership using...

The 2014 Broadband Cost Reduction Directive (BCRD) seeks to support the deployment of high speed broadband by reducing costs associated with civil works and streamlining administrative procedures for network deployment. The BCRD is ripe for review in light of new EU objectives to foster Gigabit...

We exploit the staggered expansion of the internet broadband network to firms and bank branches locations in Peru during the last decade to study non-financial firm performance and bank credit dynamics. Access to broadband unleashes firm growth, increases the chances of entry of firms and...

Solomon Islands was caught off guard when Covid-19 was declared a global pandemic. Most of its initial efforts were to ensure that the deadly virus did not venture beyond its borders into the community. As a result, it has only recorded 18 border cases to date (8 February 2021). In Solomon...

The COVID-19 pandemic has produced a global health and economic crisis. The entire world has faced a trade-off between health and recessionary effects. This paper investigates this trade-off according to a macro-dynamic perspective. We set up and simulate a Dynamic Stochastic General Equilibrium...

Automatic stabilisers are fiscal policy's first line of defence in the face of adverse economic shocks. Automatic stabilisers capture fiscal policy's automatic countercyclical response to the state of the business cycle, and are determined by factors like the progressivity of the tax system, the...

The recession in India and the UK peaked in 2017 due to the implications of new policy initiatives. The outbreak of the COVID-19 pandemic at the beginning of 2020 intensified the crisis, causing a drastic decline in aggregate demand and output. India and the UK have resorted to monetary and...