Results 21 to 30 of about 81,666 (45)
The Evolution of Local Labor Markets after Recessions
This paper studies how US local labor markets respond to employment losses that occur during recessions. Following recessions from 1973 through 2009, we find areas that lose more jobs during the recession experience persistent relative declines in ...
Brad J. Hershbein, B. Stuart
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Credit Supply and Monetary Policy: Identifying the Bank Balance-Sheet Channel with Loan Applications
Gabriel Jiménez +3 more
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Is The Phillips Curve Alive and Well After All? Inflation Expectations and the Missing Disinflation
Olivier Coibion +2 more
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The Short- and Long-Term Career Effects of Graduating in a Recession
Philip Oreopoulos +2 more
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Real Business Cycles in Emerging Countries
J. García-Cicco +2 more
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The Economic Consequences of Putting a Price on Carbon
Social Science Research Network, 2021How does carbon pricing affect the economy? Answering this question is crucial for governments to calibrate policies to fight climate change. Exploiting institutional features of the European carbon market and high-frequency data, I estimate the dynamic ...
D. Känzig
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When Losses Turn into Loans: The Cost of Weak Banks
The American Economic Review, 2023We provide evidence that banks distort the composition of credit supply in order to comply with ratio-based capital requirements in times of economic distress.
Laura Blattner +2 more
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Understanding the Scarring Effect of Recessions
The American Economic Review, 2022This paper documents that the earnings cost of job loss is concentrated among workers who find reemployment in lower-skill occupations, and that the cost and incidence of such occupation displacement is higher for workers who lose their job during a ...
C. Huckfeldt
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Current Expected Credit Losses (CECL) Standard and Banks' Information Production
Social Science Research NetworkWe examine whether the adoption of the current expected credit losses (CECL) model, which incorporates forward-looking information in loan loss provisions (LLPs), enhances banks’ information production. Consistent with better information production, we
Sehwa Kim +3 more
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Structural Reforms and Economic Performance: The Experience of Advanced Economies
Journal of Economic LiteratureThis article provides a comprehensive assessment of the theoretical and empirical literature on structural reforms in advanced economies. Structural reforms matter because they entail profound and systematic changes that affect economic welfare ...
Nauro F. Campos +2 more
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