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cover pandemics have a change in trend and persistence in growth, and in level and persistence in unemployment. We find that … there is an upward trend in the persistence level of growth across centuries. In particular, shocks originated by pandemics … in recent times seem to have a permanent effect on growth. Moreover, our results show that the unemployment rate …
Persistent link: https://www.econbiz.de/10012295989
We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG …'s properties by analyzing the growth, debt, and distributional consequences of big-push public investment programs with different … mixes of investment in human capital and infrastructure. We show that investment in human capital is much more effective …
Persistent link: https://www.econbiz.de/10012252029
Persistent link: https://www.econbiz.de/10012421207
We study the impact of climate volatility on economic growth exploiting data on 133 countries between 1960 and 2005. We … conditions less predictable across countries, with important implications for growth. Controlling for concomitant changes in … temperatures, a +1oC increase in temperature volatility causes on average a 0.9 per cent decline in GDP growth and a 1.3 per cent …
Persistent link: https://www.econbiz.de/10012608712
observations on 177 countries from 1968 to 2000, which brings together information from the Penn World Table dataset, the ITERATE … panel growth regression analysis and a structural VAR model. We find that, on average, the incidence of terrorism may have … an economically significant negative effect on growth, albeit one that is considerably smaller and less persistent than …
Persistent link: https://www.econbiz.de/10011402576
Persistent link: https://www.econbiz.de/10009269994
Eine geschlossene ökonomische Theorie der Naturkatastrophen existiert bislang nicht. Arbeiten, die sich dieses Themas …
Persistent link: https://www.econbiz.de/10003652550
The Comprehensive Development Plan aims to create a sustainable development space and generate opportunities to improve the quality of life of the people of El Salvador, Guatemala, Honduras and south-southeast Mexico, thus making migration a choice rather than an obligation. This is an joined up...
Persistent link: https://www.econbiz.de/10013270043
This paper analyzes the impact of job creation schemes (JCSs) on job search outcomes in the context of the turbulent East German labor market in the aftermath of the German reunification. High job destruction characterized the economic environment. JCSs were heavily used in order to cushion this...
Persistent link: https://www.econbiz.de/10011643433
This paper analyzes the impact of participation in job creation schemes (JCSs) on job search outcomes in the context of the turbulent East German labor market in the aftermath of the German reunification. High job destruction characterized the economic environment. JCSs were heavily used in...
Persistent link: https://www.econbiz.de/10011697379