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Displaying results 1 to 10 of 10.

  1. Can integrated social protection programmes affect social cohesion?
    mixed-methods evidence from Malawi
  2. The growth-at-risk perspective on the system-wide impact of Basel III finalisation in the euro area
    Published: 2021
    Publisher:  European Central Bank, Frankfurt am Main, Germany

    This paper assesses the macroeconomic implications of the Basel III finalisation for the euro area, employing a large-scale semi-structural model encompassing over 90 banks and 19-euro area economies. The new regulatory framework will influence... more

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    Resolving-System (kostenfrei)
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
    Unlimited inter-library loan, copies and loan

     

    This paper assesses the macroeconomic implications of the Basel III finalisation for the euro area, employing a large-scale semi-structural model encompassing over 90 banks and 19-euro area economies. The new regulatory framework will influence banks’ reactions to economic conditions and, as a result, affect the ability of the banking system to amplify or dampen economic shocks. The assessment covers the entire distribution of conditional economic predictions to measure the cost and benefit of the reforms. Looking at the means of conditional forecasts of output growth provides an indication of the costs of the reform, namely a transitory reduction in euro area gross domestic product (GDP) and in lending to the non-financial private sector. Looking at the lower percentile of output growth forecasts, i.e. growth at risk, captures the long-term benefits of the Basel III finalisation package in terms of improved resilience and the ability of the banking system to supply lending to the real economy under adverse conditions. These permanent growth-at-risk benefits ultimately outweigh the short-term costs of the reform.

     

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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789289945639
    Other identifier:
    hdl: 10419/246189
    Series: Occasional paper series / European Central Bank ; no 258 (July 2021)
    Subjects: Basel III finalisation; impact assessment; regulatory policy; bankingsector; real-financial feedback mechanism
    Scope: 1 Online-Ressource (62 Seiten), Illustrationen
  3. Policies in support of lending following the coronavirus (COVID-19) pandemic
    Published: [May 2021]
    Publisher:  European Central Bank, Frankfurt am Main, Germany

    This paper looks at the impact of mitigation policies implemented by supervisory and macroprudential authorities as well as national governments in the euro area during the coronavirus (COVID-19) pandemic to support lending to the real economy. The... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
    Unlimited inter-library loan, copies and loan

     

    This paper looks at the impact of mitigation policies implemented by supervisory and macroprudential authorities as well as national governments in the euro area during the coronavirus (COVID-19) pandemic to support lending to the real economy. The impact assessment concerns joint, and individual, effect of supervisory measures introduced by the ECB Banking Supervision, a reduction in macroprudential buffers put forward by national macroprudential authorities, and public moratoria and guarantee schemes. The analysis has been conducted in the first half of 2020, in a situation of high uncertainty about how the crisis will develop in the future. Against this backdrop, it proposes a method of addressing such uncertainty by assessing the impact of policies across a full range of scenarios. We find that the supervisory, macroprudential and government policies should have helped to maintain higher lending to the non-financial private sector (around 5% higher than lending in the absence of policy measures) and, in particular, to non-financial corporations (12% higher than lending in the absence of policy measures), preventing further amplification of the recession via the banking sector. The national and supervisory and macroprudential actions have reinforced each other, and have been jointly able to affect a broader share of the banking sector.

     

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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789289945622
    Other identifier:
    hdl: 10419/234498
    Series: Occasional paper series / European Central Bank ; no 257 (May 2021)
    Subjects: COVID-19; impact assessment; banking sector; real-financial feedbackmechanism
    Scope: 1 Online-Ressource (55 Seiten), Illustrationen
  4. Zróżnicowanie wpływu specjalnych stref ekonomicznych na rynek pracy w Polsce
    Published: December 2021
    Publisher:  Instytut Badań Gospodarczych, Olsztyn

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: Polish
    Media type: Ebook
    Format: Online
    ISBN: 9788365605351
    Other identifier:
    hdl: 10.24136/eep.mon.2021.10
    Subjects: Sonderwirtschaftszone; Beschäftigungseffekt; Polen; employment; special economic zones; heterogeneity; impact assessment; state intervention; labor market
    Scope: 1 Online-Ressource (circa 252 Seiten), Illustrationen
  5. Digital finance and inclusion in the time of COVID-19
    lessons, experiences and proposals
    Published: 2021
    Publisher:  Food and Agriculture Organization of the United Nations, Rome

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789251336236
    Other identifier:
    Subjects: COVID-19; impact assessment; digital technology; finance; electronic commerce; remittances; social safety nets
    Scope: 1 Online-Ressource (circa 94 Seiten), Illustrationen
  6. Quantifying trade-offs for the spatial allocation of onshore wind generation capacity
    a case study for Germany
    Published: May 2021
    Publisher:  Helmholtz-Zentrum für Umweltforschung GmbH - UFZ, Leipzig

    The deployment of onshore wind power is an important means to mitigate climate change. However, wind turbines also have negative impacts at the local scale, like disamenities to residents living nearby, changes in landscape quality, or conflicts with... more

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    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Universitäts- und Landesbibliothek Sachsen-Anhalt / Zentrale
    eBook
    No inter-library loan
    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
    No inter-library loan
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 276
    No inter-library loan

     

    The deployment of onshore wind power is an important means to mitigate climate change. However, wind turbines also have negative impacts at the local scale, like disamenities to residents living nearby, changes in landscape quality, or conflicts with nature conservation. Our paper analyses how these impacts affect the optimal siting of wind turbines, as compared to a spatial allocation focused solely on minimizing generation costs. To quantify the spatial trade-offs between these criteria, we propose a novel approach using Pareto frontiers and a Gini-like potential trade-off indicator. Our analysis builds on a spatial optimization model using geographical information system data for Germany. We show that spatial trade-offs between the criteria under consideration are significant. The size of the trade-off varies substantially with the criteria under consideration, depending on the spatial heterogeneity of each criterion as well as on the spatial correlation between the criteria. Spatial trade-offs are particularly pronounced between nature conservation (measured by impacts on wind powersensitive birds) and other criteria.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/234329
    Series: UFZ discussion papers ; 2021, 2
    Subjects: impact assessment; Germany; renewable energy; spatial optimization; wind power
    Scope: 1 Online-Ressource (32 Seiten, 1,88 MB), Illustrationen, Diagramme
  7. The informal economy and gender inequalities in North Africa
    Published: [2021]
    Publisher:  Érudite laboratoire d'économie Paris-Est, [Marne-la-Vallée]

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    Verlag (kostenfrei)
    Verlag (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 580
    No inter-library loan
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Series of ERUDITE working papers ; no 2021, 07
    Subjects: businesses; employment; impact assessment; informal economy; policies; segmentation
    Scope: 1 Online-Ressource (circa 14 Seiten)
  8. The growth-at-risk perspective on the system-wide impact of Basel III finalisation in the euro area
    Published: 2021
    Publisher:  European Central Bank, Frankfurt am Main, Germany

    This paper assesses the macroeconomic implications of the Basel III finalisation for the euro area, employing a large-scale semi-structural model encompassing over 90 banks and 19-euro area economies. The new regulatory framework will influence... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Potsdamer Straße
    No inter-library loan
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 535
    No inter-library loan

     

    This paper assesses the macroeconomic implications of the Basel III finalisation for the euro area, employing a large-scale semi-structural model encompassing over 90 banks and 19-euro area economies. The new regulatory framework will influence banks’ reactions to economic conditions and, as a result, affect the ability of the banking system to amplify or dampen economic shocks. The assessment covers the entire distribution of conditional economic predictions to measure the cost and benefit of the reforms. Looking at the means of conditional forecasts of output growth provides an indication of the costs of the reform, namely a transitory reduction in euro area gross domestic product (GDP) and in lending to the non-financial private sector. Looking at the lower percentile of output growth forecasts, i.e. growth at risk, captures the long-term benefits of the Basel III finalisation package in terms of improved resilience and the ability of the banking system to supply lending to the real economy under adverse conditions. These permanent growth-at-risk benefits ultimately outweigh the short-term costs of the reform.

     

    Export to reference management software   RIS file
      BibTeX file
    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789289945639
    Other identifier:
    hdl: 10419/246189
    Series: Occasional paper series / European Central Bank ; no 258 (July 2021)
    Subjects: Basel III finalisation; impact assessment; regulatory policy; bankingsector; real-financial feedback mechanism
    Scope: 1 Online-Ressource (62 Seiten), Illustrationen
  9. An integrated data framework for policy guidance in times of dynamic economic shocks
    Published: 2021
    Publisher:  ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung GmbH Mannheim, Mannheim, Germany

    Usually, offcial and survey-based statistics guide policy makers in their choice of response instruments to economic crises. However, in an early phase, after a sudden and unforeseen shock has caused incalculable and fast-changing dynamics, data from... more

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 15
    No inter-library loan
    Universitätsbibliothek Mannheim
    No inter-library loan

     

    Usually, offcial and survey-based statistics guide policy makers in their choice of response instruments to economic crises. However, in an early phase, after a sudden and unforeseen shock has caused incalculable and fast-changing dynamics, data from traditional statistics are only available with non-negligible time delays. This leaves policy makers uncertain about how to most effectively manage their economic countermeasures to support businesses, especially when they need to respond quickly, as in the COVID-19 pandemic. Given this information deficit, we propose a framework that guides policy makers throughout all stages of an unforeseen economic shock by providing timely and reliable data as a basis to make informed decisions. We do so by combining early stage ‘ad hoc’ web analyses, ‘follow-up’ business surveys, and ‘retrospective’ analyses of firm outcomes. A particular focus of our framework is on assessing the early effects of the pandemic, using highly dynamic and largescale data from corporate websites. Most notably, we show that textual references to the coronavirus pandemic published on a large sample of company websites and state-of-the-art text analysis methods allow to capture the heterogeneity of the crisis' effects at a very early stage and entail a leading indication on later movements in firm credit ratings.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/237736
    Series: Discussion paper / ZEW ; no. 21, 062 (08/2021)
    Subjects: COVID-19; impact assessment; corporate sector; corporate websites; web mining; NLP
    Scope: 1 Online-Ressource (30 Seiten), Illustrationen
  10. Policies in support of lending following the coronavirus (COVID-19) pandemic
    Published: [May 2021]
    Publisher:  European Central Bank, Frankfurt am Main, Germany

    This paper looks at the impact of mitigation policies implemented by supervisory and macroprudential authorities as well as national governments in the euro area during the coronavirus (COVID-19) pandemic to support lending to the real economy. The... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Potsdamer Straße
    No inter-library loan
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 535
    No inter-library loan

     

    This paper looks at the impact of mitigation policies implemented by supervisory and macroprudential authorities as well as national governments in the euro area during the coronavirus (COVID-19) pandemic to support lending to the real economy. The impact assessment concerns joint, and individual, effect of supervisory measures introduced by the ECB Banking Supervision, a reduction in macroprudential buffers put forward by national macroprudential authorities, and public moratoria and guarantee schemes. The analysis has been conducted in the first half of 2020, in a situation of high uncertainty about how the crisis will develop in the future. Against this backdrop, it proposes a method of addressing such uncertainty by assessing the impact of policies across a full range of scenarios. We find that the supervisory, macroprudential and government policies should have helped to maintain higher lending to the non-financial private sector (around 5% higher than lending in the absence of policy measures) and, in particular, to non-financial corporations (12% higher than lending in the absence of policy measures), preventing further amplification of the recession via the banking sector. The national and supervisory and macroprudential actions have reinforced each other, and have been jointly able to affect a broader share of the banking sector.

     

    Export to reference management software   RIS file
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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9789289945622
    Other identifier:
    hdl: 10419/234498
    Series: Occasional paper series / European Central Bank ; no 257 (May 2021)
    Subjects: COVID-19; impact assessment; banking sector; real-financial feedbackmechanism
    Scope: 1 Online-Ressource (55 Seiten), Illustrationen