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Emerging market and developing economies have experienced recurrent episodes of rapid debt accumulation over the past fifty years. This paper examines the consequences of debt accumulation using a three-pronged approach: an event study of debt accumulation episodes in 100 emerging market and...
Persistent link: https://www.econbiz.de/10012159605
We confirm the negative relationship between household debt and future GDP growth documented in Mian, Sufi, and Verner (2017) for a wider set of countries over the period 1950-2016. Three mutually reinforcing mechanisms help explain this relationship. First, debt overhang impairs household...
Persistent link: https://www.econbiz.de/10012918565
Persistent link: https://www.econbiz.de/10009782580
informal caregiving are borne by the caregiver and may consist of worse health outcomes and, if the caregiver has not retired …, worse labor market outcomes. We estimate the impact of providing informal care to one's partner on the caregiver's health … using data from the Survey of Health, Ageing and Retirement in Europe (SHARE). We exploit the panel structure of the data …
Persistent link: https://www.econbiz.de/10014123972
Italy pandemic has stressed the problems afflicting the National Health System, bringing out the structural and …, local political interest and provide a health service on demand. This must not create competition between public and private … health systems, but sets the rules for the possible and natural coexistence of systems. Quality healthcare is a human right …
Persistent link: https://www.econbiz.de/10014098938
Act (ACA), former President Obama's signature health insurance law. His very first executive order, signed within hours of … this fundamental policy shift affect the U.S. health care and health insurance systems? Those questions were explored by a … panel of health and policy experts at the Employee Benefit Research Institute's 79th policy forum held in Washington, DC …
Persistent link: https://www.econbiz.de/10012962076
. In a financial crisis bank health is significantly damaged. Post-crisis regulatory changes have aimed at restoring bank … health, but measuring bank health by Tobin's Q, we find that the ill health of banks in the recent U.S. financial crisis and …
Persistent link: https://www.econbiz.de/10012963249
banking crises) and per capita public expenditure on health. I compile information from 97 developed and developing economies … between 1980 and 2012 and use unbalanced panel data. The analysis shows that health expenditure per capita is significantly … from the health sector in a fast-deteriorating fiscal situation. In addition, the study results are robust to placebo tests …
Persistent link: https://www.econbiz.de/10013295653
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