By using a unique dataset of more than 20,000 individuals with savings accounts from August 2019 to October 2020 in South Africa, this paper examines how the COVID crisis has affected savings behavior, and by affecting savings, impacted wealth inequality. We find that while COVID increased ...
2020 is the last year of China's 13th Five-Year Plan (FYP). However, the sudden COVID-19 pandemic has disrupted the original pace of production and life. It's also a major test for the country's public health system. "The practice of fighting COVID-19 exposed many loop...
Not as much as one might expect. BySeth Masket Filed under2020 Election Tasos Katopodis / Getty Images Enough time has passed since the 2020 presidential election that we can now ask: What effect did COVID-19, arguably the biggest event of the year — of the century, even — have on th...
The ongoing COVID-19 pandemic has highlighted the vast differences in approaches to the control and containment of coronavirus across the world and has demonstrated the varied success of such approaches in minimizing the transmission of coronavirus. Whil
The bond market is often reflective of other key factors that affect the economy. If the economy grows rapidly and inflation is rising, bond yields tend to follow suit. Bond yields also tend to rise if the Federal Reserve, the nation’s central bank, raises the short-term interest rate it...
For helpful comments, we would like to thank the editors Cecile Aubert and Flavio Toxvaerd, two anonymous referees, seminar participants at UCL, the IZA/Jacobs Center Workshop on “Consequences of COVID-19 for Child and Youth Development,” the CEPS/EconPol lunch debate, the IMCHILD work...
While there are plenty of evidence-based models to predict the likely impact of a global recession, modern-day evidence for the impact of a global pandemic is scant and largely theoretical. The economic impact of the COVID-19 crisis is unchartered territory. It is however likely t...
The monetarists' viewpoint did not gain much traction initially as it was made when the popularity of the Phillips curve was at its peak. However, unlike the data from the 1960s, which definitively supported the Phillips curve premise, the 1970s provided significant confirmation of Friedman's ...
such as increasing frontline pay, training, and benefits, carry short-term costs that affect profitably. In the long run, however, benefits from lower attrition, greater loyalty, and increased engagement deliver returns. (The webinar includes a wide range of e...
We further incorporated risk perception items related to “mass infection” in light of the ongoing COVID-19 pandemic. Both “dread risks” and “unknown risks” were perceived as high, indicating that DRNs, who typically work in hospitals but are dispatched to disaster areas when needed, were...