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on Transition Economics |
By: | Tuhin G M Al Mamun |
Abstract: | This study investigates the effectiveness of fiscal policies on household consumption, disposable income, and the propensity to consume during the COVID-19 pandemic across Croatia, Slovakia, and Poland. The purpose is to assess how variations in government debt, expenditures, revenue, and subsidies influenced household financial behaviors in response to economic shocks. Using a Markov Switching VAR model across three regimes: initial impact, peak crisis, and recovery.This analysis captures changes in household consumption, disposable income, and consumption propensities under different fiscal policy measures. The findings reveal that the Slovak Republic exhibited the highest fiscal effectiveness, demonstrating effective government policies that stimulated consumer spending and supported household income during the pandemic. Croatia also showed positive outcomes, particularly in terms of income, although rising government debt posed challenges to overall effectiveness. Conversely, Poland faced significant obstacles, with its fiscal measures leading to lower consumption and income outcomes, indicating limited policy efficacy. Conclusions emphasize the importance of tailored fiscal measures, as their effectiveness varied across countries and economic contexts. Recommendations include reinforcing consumption-supportive policies, particularly during crisis periods, to stabilize income and consumption expectations. This study underscores the significance of targeted fiscal actions in promoting household resilience and economic stability, as exemplified by the successful approach taken by the Slovak Republic. |
Date: | 2025–02 |
URL: | https://d.repec.org/n?u=RePEc:arx:papers:2502.14041 |
By: | World Bank Group |
Keywords: | Environment-Adaptation to Climate Change |
Date: | 2024–11 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42286 |
By: | Pylak, Korneliusz; Mickiewicz, Tomasz; Kitsos, Tasos |
Abstract: | Our study explores the factors influencing the creation and closure of firms in urban micro-spaces, highlighting the relationship between Knowledge-Intensive Business Services (KIBS) and non-KIBS sectors. Employing 2007-2019 firm-level data from Warsaw, the capital of Poland, we uncover overlooked micro-geographical and sectoral patterns. We reveal spatial and sectoral interdependencies, highlighting the cross-sectoral effects of density and age of incumbent firms on new firm creation and closure. Our findings highlight the potential of policies supporting KIBS to generate positive multiplier effects, cultivating entrepreneurial ecosystems while accounting for micro-geographical contexts. |
Date: | 2024–12–03 |
URL: | https://d.repec.org/n?u=RePEc:osf:osfxxx:emv45_v1 |
By: | World Bank |
Date: | 2024–11 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42339 |
By: | World Bank |
Keywords: | Macroeconomics and Economic Growth-Economic Growth Macroeconomics and Economic Growth-Economic Stabilization Finance and Financial Sector Development-Strategic Debt Management |
Date: | 2024–10 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42241 |
By: | Giao, Ha Nam Khanh |
Abstract: | The main objectives of this study are to identify the factors that influence Vietnamese employees' decisions to purchase online service vouchers, measure the impact of each factor and analyze the demographic differences in these purchasing decisions. The research involved surveying 331 employees who had previously purchased online service vouchers. The methodologies employed included Cronbach’s alpha analysis, exploratory factor analysis, and multiple linear regression analysis; all conducted using the SPSS program. The findings indicate that several factors influence the purchase decisions of Vietnamese employees. These factors, ranked by their decreasing impact, include reference group, credibility, website responsiveness, price, online shopping experience, and convenience. Additionally, the study offers recommendations for website-owning companies to enhance their ability to sell online service vouchers. |
Date: | 2024–09–14 |
URL: | https://d.repec.org/n?u=RePEc:osf:osfxxx:t8ksa_v1 |
By: | World Bank |
Date: | 2024–11 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42338 |
By: | B. Wang; C. Rogate |
Keywords: | Environment-Adaptation to Climate Change Environment-Climate Change Impacts Infrastructure Economics and Finance-Infrastructure Finance Urban Development |
Date: | 2024–12 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42494 |
By: | World Bank |
Date: | 2024–11 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42336 |
By: | K. Geven; F. Puga |
Keywords: | Education-Knowledge for Development Education-Curriculum & Instruction Macroeconomics and Economic Growth-Economic Growth Social Protections and Labor-Skills Development and Labor Force Training |
Date: | 2024–12 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42512 |
By: | World Bank |
Keywords: | Agriculture-Agribusiness Private Sector Development-Global Value Chains and Business Clustering Macroeconomics and Economic Growth-Investment and Investment Climate Social Protections and Labor-Labor Markets |
Date: | 2024–12 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42546 |
By: | World Bank |
Keywords: | Poverty Reduction-Inequality Macroeconomics and Economic Growth-Economic Growth Poverty Reduction-Poverty Diagnostics Urban Development-Urban Economic Development |
Date: | 2024–08 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42101 |
By: | World Bank |
Date: | 2024–11 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42334 |
By: | Muffert, Johanna (FAU Erlangen Nuremberg); Winkler, Erwin (University of Erlangen-Nuremberg) |
Abstract: | We study how the effects of exports on earnings vary across individual workers, depending on a wide range of worker, firm, and job characteristics. To this end, we combine a generalized random forest with an instrumental variable strategy. Analyzing Germany's exports to China and Eastern Europe, we document sharp disparities: workers in the bottom quartile (ranked by the size of the effect) experience little to no earnings gains due to exports, while those in the top quartile see considerable earnings increases. As expected, the workers who benefit the most on average are employed in larger firms and have higher skill levels. Importantly, however, we also find that workers with the largest earnings gains tend to be male, younger, and more specialized in their industry. These factors have received little attention in the previous literature. Finally, we provide evidence that the contribution to overall earnings inequality is smaller than expected. |
Keywords: | machine learning, earnings, inequality, exports, skills, labor market |
JEL: | C52 F14 J23 J24 J32 |
Date: | 2025–02 |
URL: | https://d.repec.org/n?u=RePEc:iza:izadps:dp17667 |
By: | World Bank |
Keywords: | Urban Development-Transport in Urban Areas Environment-Adaptation to Climate Change Social Protections and Labor Social Protections and Labor-Labor Markets |
Date: | 2024–12 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42505 |
By: | World Bank |
Keywords: | Macroeconomics and Economic Growth-Economic Growth |
Date: | 2024–10 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42264 |
By: | World Bank |
Keywords: | Finance and Financial Sector Development-Access to Finance Private Sector Development Public Sector Development Macroeconomics and Economic Growth-Economic Modeling and Statistics Macroeconomics and Economic Growth-Economic Growth |
Date: | 2025–01 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42667 |
By: | World Bank |
Keywords: | Macroeconomics and Economic Growth-Fiscal & Monetary Policy Macroeconomics and Economic Growth-Taxation & Subsidies Macroeconomics and Economic Growth-Economic Policy, Institutions and Governance Private Sector Development Public Sector Development |
Date: | 2025–01 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42673 |
By: | Fang Zhang; Sergiy Zorya; Goran Zivkov |
Keywords: | Agriculture-Climate Change and Agriculture |
Date: | 2024–07 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:41843 |
By: | Energy Sector Management Assistance Program (ESMAP) |
Keywords: | Energy-Renewable Energy |
Date: | 2024–12 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42578 |
By: | World Bank |
Keywords: | Education Gender Governance |
Date: | 2025–01 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42674 |
By: | World Bank |
Date: | 2024–11 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42335 |
By: | Monica Robayo-Abril; Jonathan Karver; Britta Rude; Ailin Tomio; Alessandro Silvestri; Kiyomi Cadena |
Keywords: | Energy-Energy and Poverty Alleviation Energy-Energy Consumption Environment-Climate Change Impacts Environment-Climate Change Mitigation and Green House Gases |
Date: | 2024–09 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42158 |
By: | World Bank |
Keywords: | Finance and Financial Sector Development-Finance and Development International Economics and Trade-Trade Facilitation Social Protections and Labor-Labor Markets Macroeconomics and Economic Growth-Economic Growth |
Date: | 2024–12 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42499 |
By: | World Bank |
Keywords: | Communities and Human Settlements-Human Migrations & Resettlements Conflict and Development-Conflict and Fragile States Social Protections and Labor-Labor Markets Social Protections and Labor-Employment and Unemployment Social Protections and Labor-Social Protections & Assistance Social Development-Nationalities & Ethnic Groups |
Date: | 2024–08 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42039 |
By: | Kristina Vaughan; Monica Robayo-Abril |
Keywords: | Education-Early Childhood Development Education-Education For All Education-Primary Education Poverty Reduction-Inequality |
Date: | 2024–07 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:41965 |
By: | Nato Kurshitashvili; Shamsiyya Mustafayeva; Tural Mammadov; Jans Mynbayeva; Sam Kelly; Kirsten Newitt |
Keywords: | Gender-Gender and Economics Private Sector Development-Small and Medium Size Enterprises Gender-Gender and Education Social Protections and Labor-Skills Development and Labor Force Training |
Date: | 2024–11 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42399 |
By: | World Bank Group |
Date: | 2024–11 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42270 |
By: | World Bank |
Keywords: | Poverty Reduction-Inequality Macroeconomics and Economic Growth-Economic Growth Poverty Reduction-Poverty Reduction Strategies |
Date: | 2025–01 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42616 |
By: | World Bank |
Keywords: | Environment-Environmental Economics & Policies Environment-Green Issues Macroeconomics and Economic Growth-Economic Growth |
Date: | 2024–08 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:41994 |
By: | World Bank Group |
Keywords: | Environment-Adaptation to Climate Change |
Date: | 2024–11 |
URL: | https://d.repec.org/n?u=RePEc:wbk:wboper:42381 |