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China's Emergence in the World Economy and Business Cycles in Latin America

Pesaran, M. Hashem - 2011

world have altered the transmission mechanism of international business cycles to Latin America. Evidence based on a Global … world shows that the long-term impact of a China GDP shock on the typical Latin American economy has increased by three … associated with a deceleration in China's economic growth in the future for both Latin America and the rest of the world economy …

Persistent link: https://www.econbiz.de/10013121741

Income Tax Policy in Europe between Two Crises : From the Great Recession to the COVID-19 Pandemic

Myck, Michał; Trzciński, Kajetan - 2022

We examine the revenue and redistributive effects of tax policy reforms in twelve European countries over the decade between the financial crisis and the outbreak of the COVID-19 pandemic, setting them against the implications of a hypothetical system reflecting the extent of fiscal drag...

Persistent link: https://www.econbiz.de/10014030811

Using the EU-SILC to Model the Impact of the Economic Crisis on Inequality

O'Donoghue, Cathal - 2013

In this paper we attempted to chart the impact of the early part of Ireland's economic crisis from 2008-2010 on the distribution of income. In order to decompose the impact of components of income, we utilised a microsimulation methodology the EU-SILC User Database. In order to do this we had to...

Persistent link: https://www.econbiz.de/10013085472

This Time it's Different : The Role of Women's Employment in a Pandemic Recession

Alon, Titan - 2020

In recent US recessions, employment losses have been much larger for men than for women. Yet, in the current recession caused by the Covid-19 pandemic, the opposite is true: unemployment is higher among women. In this paper, we analyze the causes and consequences of this phenomenon. We argue...

Persistent link: https://www.econbiz.de/10012826247

Children in the Aftermath of the Great Recession

Andersen, Carsten; Houmark, Mikkel Aagaard; Nielsen, … - 2022

In this paper we study effects of mass layoffs on parents and their children in the aftermath of the Great Recession using staggered difference-in-differences (DiD). We exploit quasi-experimental variation in announcements of mass layoffs in Danish firms in 2008-2019. We document that parents...

Persistent link: https://www.econbiz.de/10014081592

The German Labor Market During the Great Recession : Shocks and Institutions

Gehrke, Britta - 2018

This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...

Persistent link: https://www.econbiz.de/10012909849

Automatic Stabilizers, Economic Crisis and Income Distribution in Europe

Dolls, Mathias - 2010

This paper investigates to what extent the tax and transfer systems in Europe protect households at different income levels against losses in current income caused by economic downturns like the present financial crisis. We use a multi country micro simulation model to analyse how shocks on...

Persistent link: https://www.econbiz.de/10013143688

Sweden's Pensioners : How They Have Fared in the Roller Coaster Ride Through the Past Decade and a Half of Deep Recession and Economic Exuberance

Gustafsson, Björn; Johansson, Mats; Palmer, Edward E. - 2021

This study analyses the development of the economic well-being of the elderly in Sweden since 1990 - a period characterized by increased influence from the financial market and extreme economic events - using data from the Household Income Survey. The elderly were not isolated as pensions were...

Persistent link: https://www.econbiz.de/10013324866

Heterogeneous Effects of Credit Constraints on Smes' Employment : Evidence from the Great Recession

Cornille, David - 2018

This paper takes advantage of access to detailed matched bank-firm data to investigate whether and how employment decisions of SMEs have been affected by credit constraints in the wake of the Great Recession. Variability in banks' financial health following the 2008 crisis is used as an...

Persistent link: https://www.econbiz.de/10012929109

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/10013251540