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Firm-level Expectations and Behavior in Response to the COVID-19 Crisis

Buchheim, Lukas; Dovern, Jonas; Krolage, Carla; Link, … - 2020

investment. Second, our results highlight that expectations regarding the duration of the shutdown—which, at this point of the … expect the shutdown to last longer are more likely to lay off workers and to cancel or postpone investment projects. …

Persistent link: https://www.econbiz.de/10012269931

The Economic Effects of COVID-19 and Credit Constraints: Evidence from Italian Firms' Expectations and Plans

Balduzzi, Pierluigi; Brancati, Emanuele; Brianti, Marco; … - 2020

. Most firms revise downward their expectations for sales, orders, employment, and investment, while prices are expected to …

Persistent link: https://www.econbiz.de/10012322428

Corporate Training and Skill Gaps: Did COVID-19 Stem EU Convergence in Training Investments?

Pouliakas, Konstantinos; Wruuck, Patricia - 2022

remain – and the Covid-19 shock may have exacerbated them. This report analyses European firms' investment in training over … the last six years examining trends, factors supporting training investment as well as the impact of the Covid-19 shock …. We base the empirical analysis on a unique dataset, the European Investment Bank's Investment Survey (EIBIS), which …

Persistent link: https://www.econbiz.de/10013351882

The Pandemic Push: Digital Technologies and Workforce Adjustments

Gathmann, Christina; Kagerl, Christian; Pohlan, Laura; … - 2023

Based on a unique survey and administrative employer-employee data, we show that the COVID-19 pandemic acted as a push factor for the diffusion of digital technologies in Germany. About two in three firms invested in digital technologies, in particular in hardware and software to enable...

Persistent link: https://www.econbiz.de/10014296806

Modelling the Distributional Impact of the COVID-19 Crisis

O'Donoghue, Cathal; Sologon, Denisa Maria; Kyzyma, Iryna; … - 2020

Given the rapid spread of the COVID-19 virus, the State has had to respond rapidly and quite severely to flatten the curve and slow the spread of the virus. This has had significant implications for many aspects of life with differential impacts across the population. The lack of timely...

Persistent link: https://www.econbiz.de/10012269913

Does Policy Communication during COVID-19 Work?

Coibion, Olivier; Gorodnichenko, Yuriy; Weber, Michael - 2020

Using a large-scale survey of U.S. households during the Covid-19 pandemic, we study how new information about fiscal and monetary policy responses to the crisis affects households' expectations. We provide random subsets of participants in the Nielsen Homescan panel with different combinations...

Persistent link: https://www.econbiz.de/10012270033

Demand or Supply? Price Adjustment during the COVID-19 Pandemic

Balleer, Almut; Link, Sebastian; Menkhoff, Manuel; … - 2020

We study price-setting behavior in German firm-level survey data to infer the relative importance of supply and demand during the Covid-19 pandemic. Supply and demand forces coexist, but demand shortages dominate in the short run. A reported negative impact of Covid-19 on current business is...

Persistent link: https://www.econbiz.de/10012270246

How Did U.S. Consumers Use Their Stimulus Payments?

Coibion, Olivier; Gorodnichenko, Yuriy; Weber, Michael - 2020

Using a large-scale survey of U.S. consumers, we study how the large one-time transfers to individuals from the CARES Act affected their consumption, saving and labor supply decisions. Most respondents report that they primarily saved or paid down debts with their transfers, with only about 15...

Persistent link: https://www.econbiz.de/10012270282