 | Wage-Price Spirals: What is the Historical Evidence? Author/Editor: Jorge A Alvarez, John C Bluedorn, Niels-Jakob H Hansen, Youyou Huang, Evgenia Pugacheva, Alexandre Sollaci. Release Date:November, 2022 How often have wage-price spirals occurred, and what has happened in their aftermath? We investigate this by creating a database of past wage-price spirals among a wide set of advanced economies more...
| Price: $20.00
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| Supply Bottlenecks: Where, Why, How Much, and What Next? Author/Editor: Oya Celasun, Niels-Jakob H Hansen, Aiko Mineshima, Mariano Spector, Jing Zhou. Release Date:February, 2022 Supply constraints hurt the economic recovery and boosted inflation in 2021. We find that in the euro area, manufacturing output and GDP would have been about 6 and 2 percent higher, respectively, more...
| Price: $5.00
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| COVID-19 Vaccines: A Shot in Arm for the Economy Author/Editor: Niels-Jakob H Hansen, Rui C Mano. Release Date:December, 2021 We quantify the effect of vaccinations on economic activity in the United States using weekly county level data covering the period end-2020 to mid-2021. Causal effects are identified through more...
| Price: $5.00
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| Mask Mandates Save Lives Author/Editor: Niels-Jakob H Hansen, Rui C Mano. Release Date:August, 2021 We quantify the effect of mask mandates in the United States. Our regression discontinuity design exploits county-level variation in COVID-19 cases, hospital admissions, and deaths across the border more...
| Price: $5.00
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| The Impact of Political Uncertainty on Asset Prices: The Case of the United Kingdom's EU Membership Referendum Author/Editor: Joseph Hanna, Niels-Jakob H Hansen, Margaux MacDonald. Release Date:February, 2021 How did expectations of the outcome of the United Kingdom's (UK) referendum on European Union (EU) membership in 2016 affect prices in financial markets? We study this using high frequency data from more...
| Price: $18.00
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| Should Inequality Factor into Central Banks' Decisions? Author/Editor: Niels-Jakob H Hansen, Alessandro Lin, Rui Mano. Release Date:September, 2020 Inequality is increasingly a concern. Fiscal and structural policies are well-understood mitigators. However, less is known about the potential role of monetary policy. This paper investigates how more...
| Price: $18.00
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| Dampening Global Financial Shocks: Can Macroprudential Regulation Help (More than Capital Controls)? Author/Editor: Katharina Bergant, Francesco Grigoli, Niels-Jakob H Hansen, Damiano Sandri. Release Date:June, 2020 We show that macroprudential regulation can considerably dampen the impact of global financial shocks on emerging markets. More specifically, a tighter level of regulation reduces the sensitivity of more...
| Price: $18.00
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| Recent Shifts in Capital Flow Patterns in Korea: An Investor Base Perspective Author/Editor: Niels-Jakob H Hansen, Signe Krogstrup. Release Date:November, 2019 Koreas cross border capital flows have tended to respond negatively in global risk-off episodes, resulting in volatility in the foreign exchange market and occasional policy responses in the form of more...
| Price: $18.00
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| Advancing Inclusive Growth in Cambodia Author/Editor: Niels-Jakob H Hansen, Albe Gjonbalaj. Release Date:September, 2019 We evaluate the impact of fiscal reforms on growth and inequality in Cambodia using a calibrated general equilibrium model with heterogeneous agents (Peralta-Alva et al., 2018). Over the last two more...
| Price: $18.00
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| Labor Market Slack and the Output Gap: The Case of Korea Author/Editor: Niels-Jakob H Hansen, Joannes Mongardini, Fan Zhang. Release Date:August, 2019 Output gap estimates are widely used to inform macroeconomic policy decisions, including in Korea. The main determinant of these estimates is the measure of labor market slack. The traditional more...
| Price: $18.00
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