Showing 1 - 10 of 216
This paper uses a DSGE model to simulate the impact of technological change on labor markets and income distribution. It finds that technological advances offers prospects for stronger productivity and growth, but brings risks of increased income polarization. This calls for inclusive policies...
Persistent link: https://www.econbiz.de/10012909412
COVID-19 has exacerbated concerns about the rise of the robots and other automation technologies. This paper analyzes …
Persistent link: https://www.econbiz.de/10013243046
automation, especially in emerging markets. We find that negative perceptions about automation are prevalent among workers who … over automation are positively viewed by workers with higher levels of job satisfaction, higher educational attainment, and … from countries with stronger labor protection. Workers with positive perceptions of automation also tend to respond that re …
Persistent link: https://www.econbiz.de/10012843306
average, perform more routine tasks than men?tasks that are more prone to automation. To quantify the impact on jobs, we … relate data on task composition at work to occupation level estimates of probability of automation, controlling for a rich … workers are at a significantly higher risk for displacement by automation than male workers, with 11 percent of the female …
Persistent link: https://www.econbiz.de/10012868465
This paper uses multivariate dynamic panel analysis to examine the response of international financial flows to natural disasters. The models estimated for a large sample of developing countries point to differentiated responses of specific types of financial flows. The results show that...
Persistent link: https://www.econbiz.de/10014178702
Debt levels, both private and public, were already at record highs before the Covid-19 pandemic, and surged further in 2020. The high indebteness raises concerns whether it will undermine future growth prospects. This paper contributes to the ongoing debate by examining what happens to economic...
Persistent link: https://www.econbiz.de/10014079010
This paper provides new evidence on the role of IMF programs in stimulating private sector investments. Using detailed firm-level data on tangible fixed assets and a local projection methodology, we first estimate the dynamic response of firm investments to the approval of an IMF arrangement. We...
Persistent link: https://www.econbiz.de/10014079012
In recent years, Fund staff has prepared cross-country analyses of macroeconomic vulnerabilities in low-income countries, focusing on the risk of sharp declines in economic growth and of debt distress. We discuss routes to broadening this focus by adding several macroeconomic and macrofinancial...
Persistent link: https://www.econbiz.de/10013250073
We employ a duration model to study determinants of public debt cycles in 57 advanced and emerging economies over the 1960-2014 period, with a particular focus on the impact of financial cycles. The results suggest that the association between financial and debt cycles is asymmetric. Debt...
Persistent link: https://www.econbiz.de/10012999747
This paper provides an empirical analysis of how the frequency and severity of terrorism affectgovernment revenue and expenditure during the period 1970-2013 using a panel dataset on153 countries. We find that terrorism has only a marginal negative effect on tax revenueperformance, after...
Persistent link: https://www.econbiz.de/10013002155