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Data Gaps and the Policy Response to the Novel Coronavirus
Stock, James H. - 2020
This note lays out the basic Susceptible-Infected-Recovered (SIR) epidemiological model of contagion, with a target audience of economists who want a framework for understanding the effects of social distancing and containment policies on the evolution of contagion and interactions with the...
Persistent link: https://www.econbiz.de/10012482082
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Answering the Queen : Machine Learning and Financial Crises
Fouliard, Jeremy - 2020
Financial crises cause economic, social and political havoc. Macroprudential policies are gaining traction but are still severely under-researched compared to monetary policy and fiscal policy. We use the general framework of sequential predictions also called online machine learning to forecast...
Persistent link: https://www.econbiz.de/10012482520
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Does Management Matter in Schools
Bloom, Nicholas - 2014
We collect data on operations, targets and human resources management practices in over 1,800 schools educating 15-year-olds in eight countries. Overall, we show that higher management quality is strongly associated with better educational outcomes. The UK, Sweden, Canada and the US obtain the...
Persistent link: https://www.econbiz.de/10012457998
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Female Labour Supply, Human Capital and Welfare Reform
Blundell, Richard - 2013
We estimate a dynamic model of employment, human capital accumulation - including education, and savings for women in the UK, exploiting tax and benefit reforms, and use it to analyze the effects of welfare policy. We find substantial elasticities for labor supply and particularly for lone...
Persistent link: https://www.econbiz.de/10012459655
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Did the Reform Fix the London Fix Problem?
Ito, Takatoshi - 2017
This paper examines the consequences of the 2015 reform on the London fixing in the interbank forex market, which … behavior after the reform, and the volume spike in the fixing window disappeared. However, the anomalies on price dynamics … to examine the efficiency of banks' behavior after the reform. The volume pattern during the fixing time window suggests …
Persistent link: https://www.econbiz.de/10012455354
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Active Labour Market Policies and the British New Deal for the Young Unemployed in Context
Van Reenen, John - 2003
The British New Deal for Young People began in January 1998. After 6 months of unemployment, 18-24 year olds are mandated to enter a `Gateway' period where they are given extensive job search assistance. If they are unable to obtain an unsubsidised job, then they can enter one of four New Deal...
Persistent link: https://www.econbiz.de/10012469123
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The Geography of Job Creation and Job Destruction
Kuhn, Moritz; Manovskii, Iourii; Qiu, Xincheng - National Bureau of Economic Research - 2021
Spatial differences in labor market performance are large and highly persistent. Using data from the United States, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job finding, and job filling within each country. This robust...
Persistent link: https://www.econbiz.de/10012660077
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COVID-19 and SME Failures
Gourinchas, Pierre-Olivier - 2020
We estimate the impact of the COVID-19 crisis on business failures among small and medium size enterprises (SMEs) in seventeen countries using a large representative firm-level database. We use a simple model of firm cost-minimization and measure each firm's liquidity shortfall during and after...
Persistent link: https://www.econbiz.de/10012481180
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Country studies
Blanchard, Olivier (contributor) - 1994
Persistent link: https://www.econbiz.de/10000122609
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Implied Exchange Rate Distributions : Evidence from OTC Option Markets
Campa, Jose M. - 1997
This paper uses a rich new data set of option prices on the dollar-mark, dollar-yen, and key EMS cross-rates to extract the entire risk-neutral probability density function (pdf) over horizons of one and three months. We compare three alternative smoothing methods---cubic splines, an implied...
Persistent link: https://www.econbiz.de/10012472635