📢New CEPR #PolicyInsight 132: Stimulating growth in #Ukraine and policies for migrants' return More than 830 days since Russia's full-scale invasion of Ukraine, the war shows no signs of abating. Millions of refugees have fled Ukraine for #Europe and other regions, gradually integrating into the labour markets and societies of their host countries. Despite showing remarkable resilience, Ukraine's economy faces severe challenges. This Policy Insight proposes strategies to boost Ukrainian production in the short term and encourage the return of the millions of migrants that have fled the country during the ongoing conflict. By: Vjaceslavs Dombrovskis, Maurice Obstfeld (Peterson Institute for International Economics), Ilona Sologoub (VoxUkraine), Yuriy Gorodnichenko (University of California, Berkeley), Torbjörn Becker (Stockholm Institute of Transition Economics / Östekonomiska Institutet (SITE)), Anastassia Fedyk (University of California, Berkeley, Haas School of Business), Gérard Roland (University of California, Berkeley), Beatrice Weder di Mauro (CEPR, Geneva Graduate Institute) VoxEU summary: https://ow.ly/vRuI50SiKAO Read the full Policy Insight here: https://ow.ly/bjFn50SiKAP
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CEPR is an independent, non‐partisan, pan‐European non‐profit organization. Its mission is to enhance the quality of policy decisions through providing policy‐relevant research, based soundly in economic theory, to policymakers, the private sector and civil society. The results of the research conducted by the Centre's network of over 1,700 affiliated researchers are disseminated through a variety of publications, public meeting, workshops and conferences. Twitter: @cepr_org YouTube: VOXViewsCEPR Facebook: https://www.facebook.com/cepr.org/
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External link for CEPR - Centre for Economic Policy Research
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Updates
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The #MeToo movement has prompted many professions to reconsider how women are treated in the workplace. Economics, too, has had its own #MeToo moment, sparking significant reflection and change. But how has this movement impacted patterns of co-authorship in the field? In the latest VoxTalks Economics, Noriko Amano-Patino, Elisa Faraglia, and Chryssi Giannitsarou share the findings of their latest research with Tim Phillips. They reveal both good and bad news about the progress and reflect on ongoing challenges in achieving gender equity in academic collaboration. Listen: https://lnkd.in/eMPgE-Np #MeToo #Economics #Podcast
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🌟 VoxTalks Economics: The Stigma of Depression 🌟 We are increasingly aware of the number of people who secretly suffer from depression. Unfortunately, many are reluctant to seek help due to the fear that others will assume they are weak or lazy. In this podcast, Egon Tripodi discussed his latest research joint with Christopher Roth and Peter Schwardmann, exploring whether discovering that most peers feel sympathy rather than contempt can empower depressed individuals to seek help. He shares their findings in a conversation with Tim Phillips. Listen to the full episode to learn more about how breaking the stigma can encourage people to seek the help they need. https://lnkd.in/eeujNJTA #MentalHealth #Depression #Podcast
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🏗️Achieving global net zero emissions requires rapid deployment of low-carbon technologies. ⭐Using online job postings from 35 countries, this column measures the diffusion of low-carbon technology-related skills from 2014 to 2022 and investigates the role of the 2022 global #energy crisis in driving labour demand. 👉The data show a significant rise in job postings in 2022, particularly in #Europe. 💡Energy-intensive firms and those in countries more reliant on natural gas imports saw a faster increase in low-carbon technology-related hiring. 📈These findings indicate the potential of energy price shocks and carbon pricing to accelerate adoption of these technologies. Vox column by: Paulo Bastos (The World Bank), Jacob Greenspon (Harvard University), Katherine Stapleton (The World Bank), Daria Taglioni (The World Bank) Read more here: https://ow.ly/U8ik50ShH3K
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📢 CALL FOR PAPERS: Philippe Martin Award 📢 In honor of the memory of Philippe Martin, the Department of Economics at Sciences Po and CEPR have created the Philippe Martin Award. This award aims to perpetuate Philippe Martin's commitment to supporting young researchers in the fields of international economics. 🏆 Award Details: Focus Areas: International trade, economic geography, or international macroeconomics/finance. Eligibility: Junior scholars with less than 5 years post-PhD. Papers authored with senior researchers will not be considered. Deadline: 30 June 2024 Award Ceremony: 12 December 2024 at the CEPR Paris Symposium For more information and submission details, please visit: https://lnkd.in/eiyq2B73 #CallforPapers #Economics
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🏛️Over the last several decades, many countries have devolved power to local governments. ⭐This column exploits the government decentralisation in #Indonesia that took place after the sudden fall of President Suharto in 1998 and uses establishment-level data to examine the implications of decentralisation for the private sector. 👉While decentralisation can potentially bring many benefits, the authors show that the process itself is associated with economic costs by creating uncertainty. 📉This leads to a higher #tax burden and a deterioration, albeit perhaps temporary, in the #business climate. Vox column by: Beata Javorcik (EBRD, University of Oxford), Steven Poelhekke (Vrije Universiteit Amsterdam, Tinbergen Institute) Read more here: https://ow.ly/xpVm50SizW7
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🌡️In #Mexico, SMEs struggle with rising delinquency rates due to #climatechange. How should this financial vulnerability be addressed? 📖A recent report from the International Panel on Climate Change reveals a consistent rise in extreme heat days, affecting agriculture and beyond. 📉Economic repercussions include reduced labour productivity and increased operational costs. Recent studies also emphasise climate's financial sector impact, especially in low- and middle-income economies. ⭐This column delves into Mexican financial vulnerabilities, revealing the link between extreme heat and increased delinquency rates, particularly among small and medium-sized enterprises. 👉Policy must address these risks, coupling climate resilience with enhanced #credit access for vulnerable firms. Vox column by: Sandra Aguilar-Gomez (UC San Diego, Universidad de los Andes - Colombia) Read more here: https://ow.ly/398450SgTYC
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📉A slowdown in technological progress has been cited as the driving force behind the stagnating #productivity #growth witnessed in advanced economies. 🗾This column examines data on the sources of economic growth in the #US and #Japan and shows that productivity in ICT-producing sectors is of disproportionate importance to aggregate productivity growth. 👉In addition, innovations in these sectors carry over to other industries. 👉While the former has decelerated, the latter process has accelerated since the mid-1990s. 📞The gains from #ICT adoption across the world economy may soon (or may already) outpace the standard measured contribution of ICT to aggregate productivity growth. Vox column by: Mun S. Ho (Harvard University), Koji Nomura (慶應義塾大学), Jon Samuels (Bureau of Economic Analysis) Read more here: https://ow.ly/usfK50Sf6VG
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Which firms are infiltrated by organised crime, and why? In this podcast, Rocco Macchiavello speaks with Tim Phillips about the links between organised crime and the legal economy. Listen to this podcast to learn more about the extent of this infiltration, how it occurs, and what crime families gain from it. 🎧https://lnkd.in/eViMWKZT #VoxTalks #Podcast #Economics
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📉The Credit Suisse crisis illustrates how poor #governance can lead a large #bank into a crisis despite compliance with capital requirements. 💡Recent #research on supervisory board competence in banks has provided interesting new insights. ⭐This column updates an index of supervisory board competence for a sample of #German banks and compares their performance in 2023 versus 2008. 👉Although competence measures have improved for most banks, large gaps remain across banks and also between public-sector and private-sector banks. 🔍Bank supervisors should systematically measure, track, and report bank board competence and its alignment with a bank’s business. Vox column by: Harald Hau (Université de Genève, SFI Swiss Finance Institute), Tim-Ole Radach & Marcel Thum (Technische Universität Dresden) Read more here: https://ow.ly/7YOn50ScZXf