Showing 1 - 10 of 168
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/10011816529
By using a nonlinear VAR model, we investigate whether the response of the US stock and housing markets to uncertainty shocks depends on financial conditions. Our model allows us to change the response of the US financial markets to volatility shocks in periods of normal and financial distress....
Persistent link: https://www.econbiz.de/10013351835
This study empirically examines the fragility of five major Asian economies (China, Hong Kong, India, Japan, and South Korea) to economic policy uncertainty (EPU) of US and EU, and oil prices in different state of the economies. To investigate these dynamics, we use the relative tail dependence...
Persistent link: https://www.econbiz.de/10012269952
This study examines the monetary policy effectiveness of five major Asian countries (China, Hong Kong, India, Japan, and South Korea) using a quantile vector autoregression (QVAR) model-based spillover estimation approach of Balcilar et al. (2020b) at different quantile paths. To do this, we...
Persistent link: https://www.econbiz.de/10012597566
occupational exposure to contagion driven by social contacts. I combined six indicators based on Occupation Information Network (O … cross-country differences in levels of exposure to contagion in comparable occupations. The resulting country-level measures … of levels of exposure to contagion (excluding health professions) predict the growth in COVID-19 cases, and the number of …
Persistent link: https://www.econbiz.de/10012269905
-contact route. We show that in Europe, women are more exposed to contagion, as they are more likely than men to work in occupations … important factor in workers' exposure to contagion than their education or age. This gender difference in exposure can be … require more interpersonal interactions. While workers in Southern European countries are the most exposed to contagion, the …
Persistent link: https://www.econbiz.de/10012270014
This study investigates whether exposure to peer depression in adolescence affects own depression in adulthood. We find a significant long-term depression peer effect for females but not for males in a sample of U.S. adolescents who are followed into adulthood. An increase of one standard...
Persistent link: https://www.econbiz.de/10012322479
contagion needs to be heterogeneous across India, depending on the ex-ante economic structure of a region. …
Persistent link: https://www.econbiz.de/10012597546
Multiple unordered treatments with a binary instrument for each treatment are common in policy evaluation. This multiple treatment setting allows for different types of changes in treatment status that are non-compliant with the activated instrument. Therefore, instrumental variable (IV) methods...
Persistent link: https://www.econbiz.de/10013351698
Some interventions or population attributes negate the effects of a treatment. This paper shows that incorporating these, what we call antidotal variables (AV), into a causal treatment effects analysis can with one cross-sectional regression identify the true causal effect, in addition to...
Persistent link: https://www.econbiz.de/10013426407