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The impact of government spending on GDP in a remitting country

Al-Abri, Almukhtar S.; Genc, Ismail H.; Naufal, George - 2018

The literature on remittances is large and growing. However, its focus has mainly been on the effects of remittance inflows on the receiving economies. Little has been done on the sending economies. In this paper, we use data from Saudi Arabia, one of the top remitting countries in the world, to...

Persistent link: https://www.econbiz.de/10011881574

The recovery from the Great Recession: a long, evolving expansion

Shambaugh, Jay C.; Strain, Michael R. - 2021

Prior to 2020, the Great Recession was the most important macroeconomic shock to the United States economy in generations. Millions lost jobs and homes. At its peak, one in ten workers who wanted a job could not find one. On an annual basis, the economy contracted by more than it had since the...

Persistent link: https://www.econbiz.de/10012405441

Entrepreneurial recovery from COVID-19: decentralization, democratization, demand, distribution, and demography

Naudé, Wim - 2020

Entrepreneurship, as reflected in the start-up of new firms, the growth and market exit of existing firms, and the ow of venture capital, has been severely curtailed by the lockdown and social distancing measures taken by governments around the world in the fight against COVID-19. This paper,...

Persistent link: https://www.econbiz.de/10012243470

Is the Chinese growth miracle built to last?

Prasad, Eswar S. (contributor) - 2007

Is the Chinese growth miracle - a remarkably high growth rate sustained for over two decades - likely to persist or are the seeds of its eventual demise contained in the policies that have boosted growth? For all its presumed flaws, the particular approach to macroeconomic and structural...

Persistent link: https://www.econbiz.de/10003539352

The economic impact of non-communicable disease in China and India : estimates, projections, and comparisons

Bloom, David E.; Cafiero, Elizabeth T.; McGovern, Mark E.; … - 2013

This paper provides estimates of the economic impact of non-communicable diseases (NCDs) in China and India for the … five main NCDs will total USD 27.8 trillion for China and USD 6.2 trillion for India (in 2010 USD). For both countries, the … that the costs are much larger in China than in India mainly because of China's higher income and older population. Rough …

Persistent link: https://www.econbiz.de/10009792518

COVID-19 private pension withdrawals and unemployment tenures

Sainsbury, Tristram; Breunig, Robert; Watson, Timothy - 2022

This is the first study to evaluate the effects of early pension withdrawal policies on tenures on unemployment payments in the COVID-19 context. We use a novel set of linked whole-of-population administrative records to examine more than half-a-million Australians who found themselves newly on...

Persistent link: https://www.econbiz.de/10013273943

Counteracting unemployment in crises : non-linear effects of short-time work policy

Gehrke, Britta; Hochmuth, Brigitte - 2018

Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty to prevent layoffs. Many OECD countries have used this policy in the Great Recession. This paper shows that the effects of short-time work are strongly time dependent and...

Persistent link: https://www.econbiz.de/10011845664

Macroeconomic effects of the anticipation and implementation of tax changes in Germany : evidence from a narrative account

Christofzik, Désirée I.; Fuest, Angela; Jessen, Robin - 2024

This paper quantifies the dynamic macroeconomic effects of tax changes in Germany, allowing for anticipation effects of preannounced tax reforms. Identification is achieved using a narrative approach, which provides information about the timing of tax reforms. An anticipated cut in taxes has a...

Persistent link: https://www.econbiz.de/10015142163

Modelling the distributional impact of the COVID-19 crisis

O'Donoghue, Cathal; Sologon, Denisa M.; Kyzyma, Iryna; … - 2020

Given the rapid spread of the COVID-19 virus, the State has had to respond rapidly and quite severely to flatten the curve and slow the spread of the virus. This has had significant implications for many aspects of life with differential impacts across the population. The lack of timely...

Persistent link: https://www.econbiz.de/10012213206

How did U.S. consumers use their stimulus payments

Coibion, Olivier; Gorodnichenko, Yuriy; Weber, Michael - 2020

Using a large-scale survey of U.S. consumers, we study how the large one-time transfers to individuals from the CARES Act affected their consumption, saving and labor supply decisions. Most respondents report that they primarily saved or paid down debts with their transfers, with only about 15...

Persistent link: https://www.econbiz.de/10012266918