Batungbacal, Bernice; Contreras, María Paula; Martínez, Diego(2022-06-10)
Amid an extremely financially interconnected economic environment across the globe, coupled with the increasing interest rates post-pandemic, concerns surrounding the indirect and unintended consequences of policy are ...
In this paper we consider the negative medium-term impact of the Russian Financial Crisis of 2014-2016 on remittances, consumption patterns, and credit in the Kyrgyz Republic. Using panel data, we show a significant drop ...
Using all four waves of the Nigerian General Household Survey between 2011-2019, we implement a panel data model to investigate oil dependence and household human capital investment. We also supplement our analysis with a ...
Prudencio, Laura; Suárez, María J.; English, Benjamin; Young, Nolan(2022-06)
Natural disasters take lives, destroy homes, trigger epidemics, and affect individual health. Refugees fleeing to safety often are confined to camps and makeshift settlements until they can return home. As the climate ...
To reduce greenhouse gas emissions European countries have primarily relied on two polices: carbon taxes and the Emissions Trading Scheme. A growing body of research has studied the effect that these policies have had on ...
The rise in global temperatures have been a growing source of concern for policy makers given its potential impact for sustainable economic activity. This paper explores the effects of a temperature shock on the distribution ...
Our study uses an arguably exogenous supply chain shock generated by the March 2021 blockage of the Suez Canal to analyze contributions to import price inflation and transport method substitution. Using a quasi-experimental ...
This literature review focuses on the contribution of the heterogeneous agents framework to the empirical robustness of macroeconomic models. First, we focus on the transmission of monetary policy in an economy characterized ...
When deciding for themselves whether to keep or delegate a decision-making right, individuals often fail to delegate even when doing so would yield a higher expected return. However, beyond the individual decision-making ...
The following paper examines the downgrading in job status that immigrant workers suffer when settling in a new country. We consider the massive Venezuelan exodus and the impacts this shock had on the job outcomes of ...
In this literature review, we focus on workplace discrimination with particular attention paid to the hiring process. We classified the hiring process into two stages: CV-screening and interview. Following the theoretical ...
In recent years, large platforms have raised concerns that they may engage in anticompetitive practices that affect the market competition. Therefore, analyze the competition structure inside platforms is a relevant issue ...
This report present a conceptual and empirical analysis of the Chilean Antitrust Authority's decision in the upstream dairy market. In 2004, the Antitrust Court decided that the biggest milk processors should not discriminate ...
We undertook an ex-post analysis of a 2013 Agreement in the Netherlands to close five aging coal power plants in 2016 and 2017. First, we evaluate the Authority for Consumers and Markets’ (ACM) assumption that the plant ...
Akker, Ruben van den; Hammad, Nour; Marin, Alexandre(2021-07-24)
Mental health outcomes significantly deteriorated in the United Kingdom as a result of the Covid-19 pandemic, particularly for younger individuals. This paper uses data from the Millennium Cohort Study to investigate the ...
Vector autoregression (VAR) models are a popular choice for forecasting of macroeconomic time series data. Due to their simplicity and success at modelling the monetary economic indicators VARs have become a standard tool ...
Normalizing flows are an elegant approximation to generative modelling. It can be shown that learning a probability distribution of a continuous variable X is equivalent to learning a mapping f from the domain where X is ...
We construct a theoretical Overlapping Generations (OLG) model to describe how sovereign debt crises can propagate in the economy under certain financial constraints. When prices of bonds fall due to perceived sovereign ...
2008-2009 Global Financial Crisis led to European debt crisis leaving the periphery of euro zone with very high borrowing costs compared to core countries. When Covid-19 Pandemic Crisis hit the economies, unconventional ...
In line with the growing governmental efforts to reduce the gender income gap, in 2016 a retirement pension supplement for mothers of two or more children was introduced in Spain. Through an Oaxaca-Blinder decomposition ...