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  1. A Warriors Book
    Erschienen: 2018
    Verlag:  epubli, Berlin

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    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9783746787114
    Weitere Identifier:
    9783746787114
    Auflage/Ausgabe: 1. Auflage
    Weitere Schlagworte: (Produktform)Electronic book text; (Zielgruppe)Allgemein; (Zielgruppe)ab 1 bis 99 Jahre; (BISAC Subject Heading)OCC000000; Gedichte; poetry; mental health; warriors; recovery; youcandothhis; motivation; warriorsouls; spirituality; now; (VLB-WN)1470; (Zielgruppe)ab 0 bis 99 Jahre
    Umfang: Online-Ressource, 76 Seiten
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  2. A gender-sensitive earthquake recovery assessment using administrative and satellite data
    the Case of Indonesia's 2016 Aceh earthquake
    Erschienen: [2022]
    Verlag:  Asian Development Bank, Metro Manila, Philippines

    This study presents a gender-specific assessment of medium-term disaster recovery following a series of earthquakes in Indonesia's Aceh Province on 7 December 2016. For this assessment, we combine the village-level nighttime radiance data obtained... mehr

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    This study presents a gender-specific assessment of medium-term disaster recovery following a series of earthquakes in Indonesia's Aceh Province on 7 December 2016. For this assessment, we combine the village-level nighttime radiance data obtained from the Visible Infrared Imaging Radiometer Suite instrument, distance from the earthquake epicenters collected from the United Nations Satellite Centre and the Village Potential Statistics (PODES) 2014 and 2018-administrative data collected by Indonesia's Central Statistics Bureau. We develop a novel index to represent women's welfare in the context of a disaster-the Women's Welfare after Disasters Index (W2DI). The nighttime radiance scores are used as indicators of overall economic welfare, while the W2DI specifically represents women's welfare. Using the difference-indifferences method, we compare the average monthly nighttime radiance and W2DI scores in earthquake-affected and unaffected villages of the Aceh Province before and after the 2016 earthquake series. Similar to studies using the nighttime radiance to monitor disaster recovery and relief, our findings reveal that, on average, the monthly nighttime radiance scores of the earthquake-affected villages 2 months after the earthquakes were brighter relative to the changes of the unaffected villages, implying an improvement in overall economic well-being of the earthquake-affected population. However, findings from the W2DI give us richer insights related to women's welfare. While an important domain of women's welfare-particularly, availability and access to the health infrastructure-improved significantly after the earthquake series, there was substantial deterioration in access to basic needs (e.g., water, fuel, sanitation). Such access plays an essential role in women's well-being as they are directly linked to women's role in the society. This study demonstrates that women in disaster-affected areas may experience a setback in some domains of their welfare in the medium term even when the economic welfare in the disaster-affected areas, in general, improved because of the gradual increase of human activities after reconstruction work occurred. The study also shows how a gender-specific disaster assessment tool can be developed and applied to monitor and assess disaster recovery for a subgroup of population and identify areas that require intervention.

     

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    Schriftenreihe: ADB economics working paper series ; no. 674 (December 2022)
    Schlagworte: Disaster relief; recovery; climate injustice; socioeconomic vulnerability; gender
    Umfang: 1 Online-Ressource (circa 33 Seiten), Illustrationen
  3. Analyzing the resilience of farming households in upland areas
    Erschienen: December 2023
    Verlag:  Philippine Institute for Development Studies, Quezon City, Philippines

    The challenges faced by farming communities, such as typhoons, floods, droughts, volcanic eruptions, and pest infestations, can pose significant costs on their livelihoods. This study examines the resilience of upland farming households using a small... mehr

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    The challenges faced by farming communities, such as typhoons, floods, droughts, volcanic eruptions, and pest infestations, can pose significant costs on their livelihoods. This study examines the resilience of upland farming households using a small yet novel survey conducted in the municipality of Atok in Benguet. To analyze resilience, the study explores indicators based on the conceptual framework put forward by Schipper and Langston (2015), namely learning, options, and flexibility. Principal Components Analysis (PCA) was applied for index creation, while ordered logistic regression was employed to assess recovery levels of farming household. The findings show that factors contributing to the learning dimension of resilience include wealth/assets, strategic positioning within social networks, and access to transportation, proxied by vehicle ownership. The study recommends targeted interventions for households in lower-income brackets, peripheral network positions, and those lacking their own means of transportation, especially focusing on enhancing learning capacities.

     

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    hdl: 10419/284623
    Schriftenreihe: Discussion paper series / Philippine Institute for Development Studies ; no. 2023, 24 (December 2023)
    Schlagworte: Resilience; upland farming; recovery; agricultural sector
    Umfang: 1 Online-Ressource (circa 33 Seiten), Illustrationen
  4. Building back fairer from the COVID-19 pandemic in South Africa
    some first-step reforms in an era of fiscal constraints
    Erschienen: 8 March 2022
    Verlag:  Economic Research and Statistics Department, South African Reserve Bank, Pretoria

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    Schriftenreihe: South African Reserve Bank working paper series ; WP, 22, 02
    Schlagworte: COVID-19; South Africa; recovery; growth
    Umfang: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  5. Building back fairer from the Covid-19 pandemic in South Africa
    some first step reforms in an era of fiscal constraints
    Erschienen: [2021]
    Verlag:  International Food Policy Research Institute, Washington, DC, USA

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    Schriftenreihe: IFPRI discussion paper ; 02043 (September 2021)
    Schlagworte: COVID-19; South Africa; recovery; growth
    Umfang: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  6. COVID-19 and livelihoods in rural Guatemala
    lessons from a long term assessment and the path to recovery
    Erschienen: [2023]
    Verlag:  International Food Policy Research Institute, Washington, DC, USA

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    Schriftenreihe: IFPRI discussion paper ; 02219 (December 2023)
    Schlagworte: COVID-19; income; food security; dietary diversity; migration; expenditures; debt; long-term effects; recovery; external shocks; agricultural households; rural Guatemala
    Umfang: 1 Online-Ressource (circa 60 Seiten), Illustrationen
  7. COVID-19 pandemic in Benin
    perception and coping strategies among soybean producers
    Erschienen: September 2023
    Verlag:  PEP, Partnership for Economic Policy, [Nairobi]

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    Schriftenreihe: PEP working paper series ; 2023, 16
    Schlagworte: COVID-19; gender gap; perception; impacts; recovery; Benin
    Umfang: 1 Online-Ressource (circa 40 Seiten), Illustrationen
  8. Container trade and the U.S. recovery
    Erschienen: [2021]
    Verlag:  Center for Financial Studies, Goethe University, Frankfurt am Main, Germany

    Since the 1970s, exports and imports of manufactured goods have been the engine of international trade and much of that trade relies on container shipping. This paper introduces a new monthly index of the volume of container trade to and from North... mehr

    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    Since the 1970s, exports and imports of manufactured goods have been the engine of international trade and much of that trade relies on container shipping. This paper introduces a new monthly index of the volume of container trade to and from North America. Incorporating this index into a structural macroeconomic VAR model facilitates the identification of shocks to domestic U.S. demand as well as foreign demand for U.S. manufactured goods. We show that, unlike in the Great Recession, the primary determinant of the U.S. economic contraction in early 2020 was a sharp drop in domestic demand. Although detrended data for personal consumption expenditures and manufacturing output suggest that the U.S. economy has recovered to near 90% of pre-pandemic levels as of March 2021, our structural VAR model shows that the component of manufacturing output driven by domestic demand had only recovered to 59% of pre-pandemic levels and that of real personal consumption only to 76%. The difference is mainly accounted for by unexpected reductions in frictions in the container shipping market.

     

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    hdl: 10419/246871
    Auflage/Ausgabe: This version: October 13, 2021
    Schriftenreihe: CFS working paper series ; no. 659
    Schlagworte: Merchandise trade; container; shipping; manufacturing; consumption; COVID-19; supply chain; recession; recovery; globalization
    Umfang: 1 Online-Ressource (circa 47 Seiten), Illustrationen
  9. Container trade and the U.S. recovery
    Erschienen: June 2021
    Verlag:  Federal Reserve Bank of Dallas, Research Department, Dallas

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    Schriftenreihe: Working paper / Federal Reserve Bank of Dallas, Research Department ; 2108
    Schlagworte: Merchandise trade; container; shipping; manufacturing; consumption; COVID-19; supply chain; recession; recovery; globalization
    Umfang: 1 Online-Ressource (circa 40 Seiten), Illustrationen
  10. Container trade and the U.S. recovery
    Erschienen: June 2021
    Verlag:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    Since the 1970s, exports and imports of manufactured goods have been the engine of international trade and much of that trade relies on container shipping. This paper introduces a new monthly index of the volume of container trade to and from North... mehr

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    Since the 1970s, exports and imports of manufactured goods have been the engine of international trade and much of that trade relies on container shipping. This paper introduces a new monthly index of the volume of container trade to and from North America. Incorporating this index into a structural macroeconomic VAR model facilitates the identification of shocks to domestic U.S. demand as well as foreign demand for U.S. manufactured goods. We show that, unlike in the Great Recession, the primary determinant of the U.S. economic contraction in early 2020 was a sharp drop in domestic demand. Although detrended data for personal consumption expenditures and manufacturing output suggest that the U.S. economy has recovered to near 90% of pre-pandemic levels as of March 2021, our structural VAR model shows that the component of manufacturing output driven by domestic demand had only recovered to 57% of pre-pandemic levels and that of real personal consumption only to 78%. The difference is mainly accounted for by unexpected reductions in frictions in the container shipping market.

     

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    hdl: 10419/236696
    Schriftenreihe: CESifo working paper ; no. 9154 (2021)
    Schlagworte: merchandise trade; container; shipping; manufacturing; consumption; Covid-19; supply chain; recession; recovery; globalization
    Umfang: 1 Online-Ressource (circa 40 Seiten), Illustrationen
  11. Container trade and the U.S. recovery
    Erschienen: 19 June 2021
    Verlag:  Centre for Economic Policy Research, London

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    Universitätsbibliothek Mannheim
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    Schriftenreihe: Array ; DP16277
    Schlagworte: merchandise trade; container; shipping; Manufacturing; Consumption; COVID-19,Supply Chain; Recession; recovery; Globalization
    Umfang: 1 Online-Ressource (circa 41 Seiten), Illustrationen
  12. Covid-19 learning loss and recovery
    panel data evidence from India
    Erschienen: October 2022
    Verlag:  CESifo, Munich, Germany

    We use a panel survey of ∼19,000 primary-school-aged children in rural Tamil Nadu to study "learning loss" after COVID-19-induced school closures, and the pace of recovery after schools reopened. Students tested in December 2021 (18 months after... mehr

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    We use a panel survey of ∼19,000 primary-school-aged children in rural Tamil Nadu to study "learning loss" after COVID-19-induced school closures, and the pace of recovery after schools reopened. Students tested in December 2021 (18 months after school closures) displayed learning deficits of ∼0.7σ in math and 0.34σ in language compared to identically-aged students in the same villages in 2019. Two-thirds of this deficit was made up within 6 months after school reopening. Further, while learning loss was regressive, the recovery was progressive. A government-run after-school remediation program contributed ∼24% of the cohort-level recovery, and likely aided the progressive recovery.

     

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    hdl: 10419/267264
    Schriftenreihe: CESifo working papers ; 10031 (2022)
    Schlagworte: Covid-19; school closures; learning loss; recovery
    Umfang: 1 Online-Ressource (circa 56 Seiten), Illustrationen
  13. Cultural resilience, religion, and economic recovery
    evidence from the 2005 hurricane season
    Erschienen: [27. Juni 2021]
    Verlag:  Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, Halle (Saale), Germany

    This paper investigates the critical role of religion in the economic recovery after high-impact natural disasters. Exploiting the 2005 hurricane season in the southeast United States, we document that establishments in counties with higher religious... mehr

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    This paper investigates the critical role of religion in the economic recovery after high-impact natural disasters. Exploiting the 2005 hurricane season in the southeast United States, we document that establishments in counties with higher religious adherence rates saw a significantly stronger recovery in terms of productivity for 2005-2010. Our results further suggest that a particular religious denomination does not drive the effect. We observe that different aspects of religion, such as adherence, shared experiences from ancestors, and institutionalised features, all drive the effect on recovery. Our results matter since they underline the importance of cultural characteristics like religion during and after economic crises.

     

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    Auflage/Ausgabe: This is a completely revised version
    Schriftenreihe: IWH discussion papers ; 2021, no. 9 (June 2021)
    Schlagworte: establishment-level productivity; natural disasters; recovery; religion
    Umfang: 1 Online-Ressource (III, 67 Seiten), Diagramme
  14. Dis-integrating credit markets
    diversification, securitization, and lending in a recovery
    Erschienen: September 2016
    Verlag:  Bank of England, [London]

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    Schriftenreihe: Staff working paper / Bank of England ; no. 617
    Schlagworte: Bank lending; recovery; diversification; securitization; mortgage lending; Home Mortgage Disclosure Act (HMDA)
    Umfang: 1 Online-Ressource (circa 56 Seiten)
  15. Disaster risk financing
    limiting the fiscal cost of climate-related disasters
    Autor*in: Radu, Diana
    Erschienen: 2022
    Verlag:  Publications Office of the European Union, Luxembourg

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    ISBN: 9789276529422
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    Schriftenreihe: Array ; 174 (November 2022)
    Schlagworte: natural catastrophes; disaster risk financing; insurance; risk transfer; reinsurance; recovery; climate fiscal risks
    Umfang: 1 Online-Ressource (circa 30 Seiten)
  16. Distributional impacts of disaster recovery
    Sri Lankan households a decade after the 2004 Indian Ocean tsunami
    Autor*in: De Alwis, Diana
    Erschienen: 2018
    Verlag:  Victoria University of Wellington, School of Economics and Finance, Wellington

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    Weitere Identifier:
    hdl: 10063/6980
    Schriftenreihe: SEF working paper ; 2018, 5
    Schlagworte: Sri Lanka; tsunami; households; recovery; inequality
    Umfang: 1 Online-Ressource (circa 37 Seiten), Illustrationen
  17. EU employment dynamics
    the pandemic years and beyond
    Erschienen: [2021]
    Verlag:  Verein "Wiener Institut für Internationale Wirtschaftsvergleiche" (wiiw), Wien

    The economic shock induced by the pandemic has plunged European economies into a recession. Lockdowns and social distancing measures have affected economic life in a substantial way, with industries and population groups facing varying difficulties.... mehr

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    The economic shock induced by the pandemic has plunged European economies into a recession. Lockdowns and social distancing measures have affected economic life in a substantial way, with industries and population groups facing varying difficulties. This study explores potential future employment dynamics across European industries and employment groups for the period up to 2026 by drawing on past sectoral trends and the latest macroeconomic forecast results from the International Monetary Fund (IMF) and the European Commission. A scenario analysis is also carried out, taking into account the great uncertainty and risks that are related to the baseline forecasts.

     

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    hdl: 10419/266042
    Schriftenreihe: Research report / wiiw ; 457 (November 2021)
    Schlagworte: EU employment dynamics; forecasts; pandemic; recovery
    Umfang: 1 Online-Ressource (circa 76 Seiten), Illustrationen
  18. Evaluation of the collection and recovery of selected waste streams for the further development of circular economy
    final report
    Erschienen: March 2022
    Verlag:  Umweltbundesamt, Dessau-Roßlau

    As part of the general producer responsibility regulated by the German Circular Economy Act, there are special legal regulations for the collection and environmentally sound disposal of certain waste streams (e.g. for packaging, batteries, waste... mehr

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    As part of the general producer responsibility regulated by the German Circular Economy Act, there are special legal regulations for the collection and environmentally sound disposal of certain waste streams (e.g. for packaging, batteries, waste electrical and electronic equipment, end-of-life vehicles). These require producers to set up collection systems for the disposal of the corresponding waste and to achieve certain recycling and, in some cases, collection rates. The research project examined whether and how resource conservation and environmental relief potentials can be realized for other waste streams - especially end-of-life tyres and used textiles - through improved collection and recovery. In addition, there are other waste streams for which it can be assumed that the current regulations are insufficient to realize the inherent recycling potential in these waste streams. Bulky waste, mattresses, furniture, carpets, artificial turf and diapers were identified as such waste streams. The project examined the waste streams in terms of collection and utilization practices, identified barriers to resource-efficient waste management, and derived measures to improve prevention, preparation for reuse, and recycling of these waste streams. In a first step, the material flows of the waste streams were analyzed with regard to their quantity and used disposal routes. For this purpose, statistics and secondary sources were reviewed and interviews were conducted. In a second step, the identified disposal routes were evaluated with regard to ecological criteria, including pollutant aspects and resource conservation potentials, as well as economic criteria. From this assessment, conclusions and measures have been derived that can improve the recycling of the individual waste streams in terms of a resource-saving circular economy. The measures were prioritized based on various criteria. The results of the project were discussed in three technical meetings with the stakeholders involved in the individual waste streams. Im Rahmen der generell durch das KrWG geregelten Produktverantwortung existieren für bestimmte Abfallströme spezielle rechtliche Regelungen zur Erfassung und umweltverträglichen Entsorgung (bspw. für Verpackungen, Batterien, Elektro- und Elektronikaltgeräte, Altfahrzeuge). Diese Regelungen verpflichten die Hersteller, Erfassungssysteme für die Entsorgung der entsprechenden Abfälle einzurichten und bestimmte Verwertungs- und teilweise Erfassungsquoten zu erreichen. Im Rahmen des Forschungsprojektes wurde überprüft, ob und wie bei weiteren Abfallströmen – vor allem Altreifen und Alttextilien – durch eine verbesserte Erfassung und Verwertung Ressourcenschonungs- und Umweltentlastungspotenziale realisiert werden können. Darüber hinaus existieren weitere Abfallströme, bei denen zu vermuten ist, dass die gegenwärtigen Regelungen nicht ausreichen, um das in diesen Abfallströmen innewohnende Recyclingpotenzial auszuschöpfen. Als derartige Abfallströme wurden Sperrmüll, Matratzen, Möbel, Teppiche, Kunstrasen und Windeln identifiziert. Das Vorhaben hat die Abfallströme hinsichtlich der Praxis der Erfassung und Verwertung untersucht, Hemmnisse einer ressourcenschonenden Abfallbewirtschaftung aufgezeigt und Maßnahmen abgeleitet, um die Vermeidung, die Vorbereitung zur Wiederverwendung und das Recycling dieser Abfallströme zu verbessern. Dabei sind in einem ersten Schritt die Stoffströme der benannten Abfallarten hinsichtlich des Aufkommens und der genutzten Entsorgungswege analysiert worden. Hierfür wurden Statistiken und Sekundärquellen gesichtet und Befragungen durchgeführt. In einem zweiten Schritt sind die identifizierten Entsorgungswege hinsichtlich ökologischer, einschließlich der Schadstoffaspekte und Ressourcenschonungspotenziale, sowie ökonomischer Kriterien bewertet worden. Aus dieser Bewertung sind Schlussfolgerungen und Maßnahmen abgeleitet worden, welche die Verwertung der einzelnen Abfallströme im Sinne einer ressourcenschonenden Kreislaufwirtschaft verbessern können. Anhand verschiedener Kriterien wurden die Maßnahmen priorisiert. Die Ergebnisse des Vorhabens wurden in drei Fachgesprächen mit den in die einzelnen Abfallströme involvierten Akteuren diskutiert.

     

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    Beteiligt: Kumme, Sina (HerausgeberIn)
    Sprache: Englisch
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    Weitere Identifier:
    371934302
    Schriftenreihe: Texte / Umweltbundesamt ; 2022, 32
    Ressortforschungsplan of the Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection
    Schlagworte: circular economy; resource conservation; collection; Recycling; recovery; textiles; old tires
    Umfang: 1 Online-Ressource (circa 327 Seiten, 6,27 MB), Illustrationen
    Bemerkung(en):

    Report completed in: March 2021

  19. Globally engaged firms in the Covid-19 crisis
    Erschienen: April 2022
    Verlag:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich survey data of nearly 65,000 firm-year observations in 45 countries spanning three waves of data collection. The findings are... mehr

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    This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich survey data of nearly 65,000 firm-year observations in 45 countries spanning three waves of data collection. The findings are organized in a series of stylized facts, which suggest that although the pandemic had an immediate adverse impact on most firms, the globally engaged ones are recovering faster, possibly due to their higher capabilities. Among globally engaged firms, those directly involved with international markets show better recovery than the ones that were indirectly involved. These results mask wide variation by firm traits, sectoral attributes, and country characteristics. At the core of the recovery of globally engaged firms is their heightened response to the crisis by finding novel ways to adapt supply chains even in the presence of lockdowns and uncertainty. These firms swiftly digitalized, introduced new products and changed their markets and sources of inputs. Over and above their capabilities, global engagement cushions firms against shocks. Policymakers could therefore facilitate global linkages by providing information on potential markets and products, by making production flexible in terms of facilitating remote work, reducing the rigidity of contracts; and incentivizing financial institutions to issue instruments that reduce uncertainty risk.

     

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    Sprache: Englisch
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    hdl: 10419/260841
    Schriftenreihe: CESifo working paper ; no. 9711 (2022)
    Schlagworte: Covid-19; crisis; firms; recovery; trade; exporters; global value chains
    Umfang: 1 Online-Ressource (circa 64 Seiten), Illustrationen
  20. Gone
    Poems
    Autor*in: Howe, Fanny
    Erschienen: [2003]; ©2003
    Verlag:  University of California Press, Berkeley, CA

    This collection of new poems by one of the most respected poets in the United States uses motifs of advance and recovery, doubt and conviction—in an emotional relation to the known world. Heralded as "one of our most vital, unclassifiable writers" by... mehr

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    This collection of new poems by one of the most respected poets in the United States uses motifs of advance and recovery, doubt and conviction—in an emotional relation to the known world. Heralded as "one of our most vital, unclassifiable writers" by the Voice Literary Supplement, Fanny Howe has published more than twenty books and is the recipient of the Gold Medal for Poetry from the Commonwealth Club of California. In addition, her Selected Poems received the 2001 Lenore Marshall Poetry Prize for the Most Outstanding Book of Poetry Published in 2000 from the Academy of American Poets.The poems in Gone describe the transit of a psyche, driven by uncertainty and by love, through various stations and experiences. This volume of short poems and one lyrical essay, all written in the last five years, is broken into five parts; and the longest of these, "The Passion," consecrates the contradictions between these two emotions. The New York Times Book Review said, "Howe has made a long-term project of trying to determine how we fit into God's world, and her aim is both true and marvelously free of sentimental piety." With Gone, readers will have the opportunity to experience firsthand Howe’s continuation of that elusive and fascinating endeavor

     

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  21. Labor market trends and outcomes
    what has changed since the Great Recession?
    Erschienen: February 2021
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    We describe trends in wages and labor force participation for the "working class" - whom we define as workers with high school or less education - compared to those with college or more. We compare cyclical peaks over the entire period 1979-2019,... mehr

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    We describe trends in wages and labor force participation for the "working class" - whom we define as workers with high school or less education - compared to those with college or more. We compare cyclical peaks over the entire period 1979-2019, with particular focus on the Great Recession (2007-2010) and recovery (2010-2019). We also present results by gender and race. We find real wage growth in the latter period for all workers, but not enough to change the long-term trends of growing inequality and stagnant wages for the less-educated; and we also find that labor force participation continued to decline for the less-educated, even during the recovery. Gaps between whites and blacks also grew while Hispanics and Asians made more progress. We consider various explanations of these findings, and show that the early effects of the 2020-21 pandemic recession that hurt lesseducated workers and those of color more than anyone else.

     

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    hdl: 10419/243459
    Schriftenreihe: IZA policy paper ; no. 173
    Schlagworte: wages; participation; working class; Great Recession; recovery
    Umfang: 1 Online-Ressource (circa 36 Seiten), Illustrationen
  22. Measuring the impact of insurance on urban recovery with light
    the 2011 New Zealand earthquake
    Erschienen: 2018
    Verlag:  Victoria University of Wellington, School of Economics and Finance, Wellington

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 241 (2018,2)
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    hdl: 10063/6955
    Schriftenreihe: SEF working paper ; 2018, 2
    Schlagworte: Earthquake; recovery; disaster; insurance; light
    Umfang: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  23. Monetary policy and asset price overshooting: a rationale for the Wall/Main Street disconnect
    Erschienen: March 2022
    Verlag:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    We analyze optimal monetary policy and its implications for asset prices, when aggregate demand has inertia and responds to asset prices with a lag. If there is a negative output gap, the central bank optimally overshoots aggregate asset prices... mehr

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    We analyze optimal monetary policy and its implications for asset prices, when aggregate demand has inertia and responds to asset prices with a lag. If there is a negative output gap, the central bank optimally overshoots aggregate asset prices (asset prices are initially pushed above their steady-state levels consistent with current potential output). Overshooting leads to a temporary disconnect between the performance of financial markets and the real economy, but it accelerates the recovery. When there is a lower-bound constraint on the discount rate, overshooting becomes a concave and non-monotonic function of the output gap: the asset price boost is low for a deeply negative initial output gap, grows as the output gap improves over a range, and shrinks toward zero as the output gap improves further. This pattern also implies that good macroeconomic news is better news for asset prices when the output gap is more negative. Finally, we document that during the Covid-19 recovery, the policy-induced overshooting was large−sufficient to explain the high levels of stock and house prices in 2021.

     

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    hdl: 10419/252149
    Schriftenreihe: CESifo working paper ; no. 9632 (2022)
    Schlagworte: monetary policy; aggregate demand inertia; lags; output gap; recovery; asset prices; overshooting; Wall/Main Street disconnect; Covid-19; interest rate lower bound; macroeconomic news; market bond portfolio; QE/LSAPs
    Umfang: 1 Online-Ressource (circa 76 Seiten), Illustrationen
  24. Multiple missions in the midst of war
    integrating Ukraine's recovery and EU Accession
    Erschienen: 2024
    Verlag:  German Institute of Development and Sustainability (IDOS) gGmbH, Bonn

    Ukraine and its international partners are faced with an unprecedented task: advancing recovery efforts and the EU accession process while also providing critically important military and financial support to help Ukraine defend its sovereignty... mehr

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    German Institute of Development and Sustainability (IDOS), Bibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Ukraine and its international partners are faced with an unprecedented task: advancing recovery efforts and the EU accession process while also providing critically important military and financial support to help Ukraine defend its sovereignty against Russian military aggression. Uncertainty over when and how the war will end makes planning for recovery and EU membership even more complex, but also underlines the need for their integration. Given a shared focus on a transformative modernisation, both processes can reinforce each other. Along this line of thinking, the EU has adopted the Ukraine Facility to provide reliable funding to Ukraine up to 2027, with the aim of supporting recovery and key institutional and administrative reforms required for Ukraine's EU accession. The main roadmap for implementation of both is the Ukrainian government's so-called Ukraine Plan. However, recovery and EU accession will not automatically create synergies, and may, at worst, overstretch Ukrainian government and private-sector capacities as well as societal support. To maximise synergies between the processes, policymakers should consider the following recommendations: ● Set priorities that address short-term demands and have long-term ambitions. Recovery measures should be prioritised that improve security, meet the basic needs of the people and are crucial to the functioning of the Ukrainian economy. In EU accession negotiations, the "fundamentals" and chapters that stimulate economic growth and competitiveness should be prioritised, because utilising the accession process to stimulate economic growth today can directly contribute to transformative rebuilding and vice versa. ● Ensure society-wide ownership of the Ukraine Plan. The German and Ukrainian governments, as co-hosts of the Ukraine Recovery Conference (URC) in June 2024, should make sure that the URC is the starting point for institutionalising an inclusive approach in the implementation of the Ukraine Plan. This can be achieved through the promotion of issue-specific coalitions of different actors across multiple levels of governance in Ukraine beyond this year's URC. ● Engage international donors in supporting the Ukraine Plan and leveraging recovery to accelerate Ukraine's EU accession path. Germany, as an EU and G7 member state, could serve as an important bridge-builder between EU and non-EU supporters of Ukraine's recovery. EU member states should align their bilateral assistance to Ukraine with the Ukraine Plan. ● Tailor technical assistance and capacity building. An asset map, developed jointly by Ukrainian and international actors, should identify and systematise strengths and unused potential (e.g. regarding infrastructure, public finance and industrial and commercial activities) in specific regions and municipalities, and in the private sector, taking into account the different development strategies that have evolved at different levels of governance over the past months. The Ukrainian diaspora in EU countries should be incentivised to actively engage in these processes without predicating their involvement on unrealistic expectations of a quick and large-scale return. ● Prepare for intermediate steps in Ukraine's EU accession. The German government should continue to advance the debate between EU institutions and member states about intermediate steps in Ukraine's EU accession before formal membership, including Ukraine's progressive integration into the EU single market. ● Adopt open and transparent communication. Building on open and transparent dialogue, both the Ukrainian government and the EU will need to develop an effective communication strategy towards the Ukrainian people to uphold their support for EU accession. Effective communication within the EU is required to limit the political space of veto players.

     

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    hdl: 10419/294866
    Schriftenreihe: IDOS policy brief ; 2024, 11
    Schlagworte: Ukraine; Ukraine-EU relations; recovery; reconstruction; EU accession; EU enlargement policy
    Umfang: 1 Online-Ressource (circa 12 Seiten)
  25. Rationalizing the Dodd-Frank clawback
    Autor*in: Fried, Jesse M.
    Erschienen: 09/2016
    Verlag:  Harvard Law School, Cambridge, MA

    On July 1, 2015, the Securities and Exchange Commission (SEC) proposed an excess-pay clawback rule to implement the provisions of Section 954 of the Dodd-Frank Act. I explain why the SEC's proposed Dodd-Frank clawback, while reducing executives'... mehr

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    On July 1, 2015, the Securities and Exchange Commission (SEC) proposed an excess-pay clawback rule to implement the provisions of Section 954 of the Dodd-Frank Act. I explain why the SEC's proposed Dodd-Frank clawback, while reducing executives' incentives to misreport, is overbroad. The economy and investors would be better served by a more narrowly targeted “smart” excess-pay clawback that focuses on fewer issuers, executives, and compensation arrangements

     

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    Schriftenreihe: Discussion paper / Harvard John M. Olin Center for Law, Economics, and Business ; no. 876
    European Corporate Governance Institute (ECGI) - Law Working Paper ; No. 314/2016
    ECGI working paper series in law ; 314 (May 2016)
    Schlagworte: Executive pay; Dodd Frank; clawback; excess pay; securities regulation; misreporting; recovery; erroneously awarded compensation; restatement; accounting; financial reporting; financial results; manipulation
    Umfang: 1 Online-Ressource (circa 76 Seiten)