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This paper undertakes a descriptive review of the macroeconomic and microeconomic impact of COVID-19 and of the consequent lockdown imposed by the government in Nepal. The review shows that almost all macroeconomic indicators have either slowed down or become negative suggesting adverse effect...
Persistent link: https://www.econbiz.de/10015217330
levels are based on the premise of borrowing first and repaying later. No savings are set-aside in good years to spend in … savings reached $32.3 trillion and home equity net worth in privately owned homes was ... …
Persistent link: https://www.econbiz.de/10015218412
savings far outweigh GDP levels; in its most extreme case by more than 6 times. This raises the question why not more use is … made of such savings. After all, U.K. government expenditure as a share of GDP “only” amounted to 39.4% in fiscal year 2018 …
Persistent link: https://www.econbiz.de/10015222780
In the financial accounts as collected by the U.S. Federal Reserve, one Balance Sheet item stands out: “The Household Balance Sheet over the period 2000-2020”. In Q4 2005, the market value of households’ real estate assets was $14.416 trillion. By Q4 2011 the market value had dropped to...
Persistent link: https://www.econbiz.de/10015226047
level of 2007. Over the same period, the 50-90% of income earners group started of with a savings level of $20.81 trillion … top 50% of income earners is linked to savings levels. For the bottom 50% having a job is the single most important … element for their economic survival. For them their savings levels are either non-existent or are very low. This group depends …
Persistent link: https://www.econbiz.de/10015229417
implications are that savings and wealth levels are also denominated in the same currency. Does this mean that wealth factors like … home equity and pension savings can be transferred between countries? The simple answer is that homes are located in a … particular country and cannot be moved between countries. Savings for future pensions are also made in a particular country, but …
Persistent link: https://www.econbiz.de/10015232702
this involves a mortgage), and the savings needed to have an acceptable income during retirement: pension savings. In a …) after first examining the links between the U.S. financial crisis and the pensions crisis in Europe. Pension savings, by … such savings be made in collective vehicles - like pension funds, either company or industry wide ones - or in individual …
Persistent link: https://www.econbiz.de/10015265100
This paper derives a model of irregular or unplanned maintenance and repair outlays from an analytical framework based on rational economic behavior in which maintenance, utilization and service life decisions are appropriately integrated and estimates it with the help of data from 433...
Persistent link: https://www.econbiz.de/10015251643
market development through a conglomerate index that accounts for market size, liquidity and integration with world capital …
Persistent link: https://www.econbiz.de/10009457735
This study investigates the effectiveness of fiscal policy in macroeconomic stabilization during the COVID-19 health crisis through a Dynamic Stochastic General Equilibrium (DSGE) model, incorporating financial frictions and using Romanian empirical data from 2007-2020. We analyse the impact of...
Persistent link: https://www.econbiz.de/10015213660