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IntroductionAlthough the number of identified coronavirus disease 2019 (COVID-19) cases and deaths has decreased, the repetitive crest-trough pattern of the spread of COVID-19 has yet to cease. The current situation may affect the mental health status of
Yuko O. Hirano
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Fiscal Multipliers in Recessions [PDF]
Standard business cycle models have difficulties generating large, state-dependent fiscal multipliers. Employing a model of costly financial intermediation based on Curdia-Woodford, we show that fiscal multipliers can be strongly state dependent: fiscal expansions during recessions may lead to multiplier values exceeding two, while similar expansions ...
Matthew Canzoneri+3 more
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Trends in excellent self-rated health among adolescents: A comparative Nordic study
Background: Excellent self-rated health (SRH) can be seen as an important component of positive health among adolescents. The aim of this paper is to examine time trends of excellent health among adolescents in five Nordic countries (Denmark, Finland ...
Thomas Potrebny+5 more
doaj +1 more source
Purpose: This study aims to analyze if, during periods of economic recession, the cash position impacts the performance of Brazilian companies. In addition, it seeks to identify if there are differences in the intensity of such relationships for the ...
Adriana Bortoluzzo +2 more
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Do School Spending Cuts Matter? Evidence from the Great Recession
During the Great Recession, national public school per-pupil spending fell by roughly 7 percent and persisted beyond the recovery. The impact of such large and sustained education funding cuts is not well understood.
C. Jackson, C. Wigger, Heyu Xiong
semanticscholar +1 more source
Mental health outcomes in times of economic recession: a systematic literature review
BackgroundCountries in recession experience high unemployment rates and a decline in living conditions, which, it has been suggested, negatively influences their populations’ health.
D. Frasquilho+6 more
semanticscholar +1 more source
Firm Leverage, Consumer Demand, and Employment Losses during the Great Recession
We argue that firms’ balance sheets were instrumental in the propagation of shocks during the Great Recession. Using establishment-level data, we show that firms that tightened their debt capacity in the run-up to the Great Recession (“highleverage firms”
Xavier Giroud, Holger M. Mueller
semanticscholar +1 more source
Household Leverage and the Recession
We evaluate and partially challenge the household leverage view of the Great Recession. In the data, employment and consumption declined more in U.S. states where household debt declined more. We study a model of a monetary union composed of many regions
Callum Jones+2 more
semanticscholar +1 more source
The Great Recession and Public Education
We examine the impact of the Great Recession on public education finance and employment. Five major themes emerge from our work. First, nearly 300,000 school employees lost their jobs.
W. Evans+2 more
semanticscholar +1 more source
Recession or Depression? [PDF]
"Although the current recession may.. be the longest in the postwar period, it is by no means certain that it will be the deepest, but it's increasingly looking that way."
openaire +3 more sources