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fractionalization, and more democratic regimes. With respect to the first factor, lower resilience of poorer countries reflects the …
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the outbreak. Bounce-back in GDP growth is rapid, but output is still below pre-shock level five years later. Unemployment … pre-shock trends. Furthermore, indirect effects on own-country GDP from affected trading partners are significant for both …
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) model. We report three main results. First, the decline in global inflation during the 2020 global recession was the most …
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