The authors document the impact of COVID-19 on frequently employed time series models. They show that for both single equation models (Phillips curves) and Vector Autoregressions (VARs) estimated parameters change notably with the pandemic.
High vaccination coverage is required before public health measures can be relaxed and Australia’s international border fully reopen
In this seminar the author will present his model on possible eventual public health outcomes (cases, hospitalisations and fatalities) of Phase D, the Post Vaccination Phase (to live with COVID-19: management consistent with influenza or other infectious diseases) of the National Plan to transition Australia’s National COVID-19 Response.
This seminar provides an overview of two recent OECD studies, which exploit novel real-time data sources to shed light on the impact of the pandemic on productivity-enhancing reallocation, including the role of job retention schemes in this process.
Malhar Nabar and John Bluedorn will walk us through the latest findings from the World Economic Outlook produced by the International Monetary Fund. Malhar Nadar will provide an overview of global economic prospects in uncertain times, and will be followed by John Bluedorn, who will overview their work on Recessions and Recoveries in Labor Markets: Patterns, Policies, and Responses to the COVID-19 Shock.
What is the state of macroeconomics? We explore this question by hand-collecting information on the epistemological approaches, theoretical and empirical methods and data sources used in macro research for 1,894 published papers.
The presentation reviews some of the key findings and policy insights from the presenter’s co-authored papers in relation to COVID-19.
Dr Morris will discuss the dramatically changed outlook for climate policy in the United States arising from the election of Joe Biden. She’ll cover which potential initiatives the new Administration can pursue with existing authority along with the leading options that would require bipartisan cooperation with a Republican-held Senate. She’ll review what these changes mean for the United States’ participation in the Paris Agreement and other international relations.
The study presented in this webinar revisits optimal fiscal policies in response to population ageing by introducing an age-dependent increasing risk aversion assumption into an OLG model with risk-sensitive preferences to factor in the welfare cost of the policy-induced uncertainties.
This panel will discuss the economic crisis from the coronavirus pandemic and the recovery strategy for Japan. How does COVID-19 change the economic outlook in Japan? Does a relatively high rate of corporate savings in major Japanese firms put them in a better position than their foreign rivals? Will Japan’s large government debt and limited capacity for fiscal expansion constrain the recovery process?
Join Ann Florini and Sunil Sharma in a webinar to consider what principles and practices can build the resilience of our global society so desperately needs.