The study examines the impact that extreme weather has on temporary work absence in Jamaica, a central concern given the country’s negative experience with such events. The study uses quarterly data containing key labour market indicators on an unbalanced panel of individuals along with...

When Covid-19 struck, the South African government declared some of the strictest lockdowns worldwide. The impact of lockdowns on the working classes was especially severe. Initially many workers were left with no income, leading to warnings that a pandemic of hunger may eclipse the deadliness...

This study analyzes the conditions that migrant farmworkers in Canada endured prior to and during the COVID-19 pandemic (January 2020-March 2022). It draws on policy analysis and open-ended interviews with workers in Canada's Temporary Foreign Worker Program (TFWP), as well as non-status...

The COVID-19 shock hit firms hard, on average, but how did it hit in the distribution of firms, differently between the high-growth superstars and the firms that were already struggling to survive? This paper implements graphical techniques and quantile regression to analyse the effect of the...

We study asymmetric inflation effects of both conventional and unconventional monetary policy in the euro area during the period of low nominal interest rates. We find that rate cuts are inflationary also during low interest rates. Positive quantitative easing surprises have a deflationary...

We propose a multicountry quantile factor augmeneted vector autoregression (QFAVAR) to model heterogeneities both across countries and across characteristics of the distributions of macroeconomic time series. The presence of quantile factors allows for summarizing these two heterogeneities in a...

We assess the macroeconomic impact of pandemic-related monetary policy measures of the ECB. Conditioning on counterfactual interest rate paths that would have materialised in the absence of the policies, the macroeconomic effects are measured using structural vector autoregressions. In the...