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Unveiling the influence of economic complexity and economic shocks on output growth volatility: evidence from a global sample
While several studies have explored the impact of economic shocks on output volatility, little attention has been given to the role of a country’...
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Economic Resilience Determinants Under Shocks of Different Origins
During crisis, scientists’ attention is focused on the shock effect on economic dynamics. The shock may be catastrophic for one country and painless...
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The Effects of Conventional and Unconventional Monetary Policy Shocks on US REITs Moments: Evidence from VARs with Functional Shocks
We use a vector autoregressive model with functional shocks, capturing the shift of the entire term structure of interest rates on monetary policy...
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Innovate to Resist: Are Innovators Shielded from External Shocks?
Economic shocks are often difficult to predict, as they are independent of the will of the economic agents affected and, therefore, exogenous to...
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A new identification method of economic large shocks in the input–output framework: application to the COVID-19
The COVID-19 pandemic has had a significant and unprecedented impact on the global economy, affecting both supply and demand in various industries....
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Economic Shocks in Greece and the Effects on the Gross Value Added Per Economic Sector
The outbreak of the recent global financial crisis, the COVID-19 pandemic, and the energy crisis fueled by the effects of the Russian-Ukrainian war...
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Economic Shocks and Children’s Education
A rapidly growing literature examines how shocks impact children’s human capital, especially in develo** countries. This chapter reviews this...
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Housing demand shocks and households’ balance sheets
We examine the dynamic effects of housing demand shocks on a large set of macroeconomic series and detailed household balance sheet components for...
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Spillover Effects of Global Economic Uncertainty Shocks in Nigeria
This chapter examines the spillover effects of global economic uncertainty shocks in Nigeria from 1981q1 to 2019q4. Uncertainty is generated from the...
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Esca** Damocles’ Sword: Endogenous Climate Shocks in a Growing Economy
We consider a growing economy which is subject to recurring, random, uninsurable, and potentially large and long-lasting climate shocks leading to...
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Global shocks and fiscal stimulus: a tale of an oil-dependent-exporting country
Global shocks potentially distort economy’s achieved equilibria. Considering the 2020 global crude oil price shock and the 2019 coronavirus disease...
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Welfare shocks, co** strategies and safety nets: a study on rural households of Cachar District, Assam
Effective shock management is an integral part of any well-defined and comprehensive welfare strategy. As the type of shocks facing rural households...
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Adaptation of the Spatial Structure of the Russian Economy to External Shocks
Abstract—The article presents the results of the analysis of shifts in the spatial structure of production occurring under the influence of external...
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Examining the impact of global uncertainty shocks on the digital economy's role in China's energy transition and green economic recovery
A key force behind promoting green economic recovery is the digital economy. Examining how the digital economy supports societal development,...
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Response of consumers to wage shocks in the framework of the Portuguese assistance program
This paper studies the impact on consumption of the exogenous changes in public wages in Portugal during and after the economic and financial...
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Consumption and Liquidity Shocks
We study the response of consumption to anticipated and unanticipated liquidity gains using information on gifts (occasional and recurrent) and...
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Shocks and Currents: Monetary Policy and Israel’s Foreign Exchange Market
This paper explores the interplay between domestic and global monetary policies, capital flows, and exchange rate dynamics in Israel. Using a novel...
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Understanding Uncertainty Shocks in Uruguay Through VAR Modeling
This study introduces a first set of uncertainty indexes for Uruguay (a newspaper-based index and a composite index-based) to analyze how economic...
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Distributional Effects of Monetary Policy Shocks in China
The distributional outcomes of monetary policy have garnered increasing attention in recent years. While there has been significant progress on both...
