Journal of Economic Asymmetries最新文献_第4页

The impact of the Covid-19 pandemic on gender labor market asymmetries in Germany 新冠肺炎疫情对德国性别劳动力市场不对称的影响

Journal of Economic Asymmetries Pub Date : 2025-01-04 DOI: 10.1016/j.jeca.2024.e00396

Timo Baas

{"title":"The impact of the Covid-19 pandemic on gender labor market asymmetries in Germany","authors":"Timo Baas","doi":"10.1016/j.jeca.2024.e00396","DOIUrl":"10.1016/j.jeca.2024.e00396","url":null,"abstract":"<div><div>The Corona pandemic affected life and working conditions around the world. Some could work from home, some had to risk their lives at the workplace, and some got laid off. The selection of employees to one of these groups, however, was asymmetric about gender. More than 63 percent of employees providing services in Germany are female; females in health professions account for more than 75 percent, and in social professions, including daycare, the share of female employees is at 84 percent. These occupations were in high demand during the pandemic and cannot be practiced at home. Since women do more than 62 percent of housework and childcare, the high demand for female work creates a dilemma. While family obligations increased as childcare facilities and schools closed, women had to decide whether to remain or drop out of the labor market. In this paper’s estimated DSGE model, these choices are addressed by allowing for asymmetries in participation decisions and disutility of effort for male and female workers. While at the beginning of the pandemic, female employment increased relative to male, an increase in disutility drove females out of the labor market during the second lockdown. Instead, predominantly males entered, and females reacted to this increase by staying absent. This pattern resembles previous findings on historical pandemics and, in the literature, is called “the added worker effect.”</div></div>","PeriodicalId":38259,"journal":{"name":"Journal of Economic Asymmetries","volume":"31 ","pages":"Article e00396"},"PeriodicalIF":0.0,"publicationDate":"2025-01-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143143650","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Exploring global financial interdependencies among ASEAN-5, major developed and developing markets 探索东盟五国、主要发达市场和发展中市场之间的全球金融相互依存关系

Journal of Economic Asymmetries Pub Date : 2025-01-01 DOI: 10.1016/j.jeca.2024.e00398

Barkha Dhingra , Mohit Saini , Mahender Yadav , Gaurav Kumar , Pankaj Kumar

{"title":"Exploring global financial interdependencies among ASEAN-5, major developed and developing markets","authors":"Barkha Dhingra , Mohit Saini , Mahender Yadav , Gaurav Kumar , Pankaj Kumar","doi":"10.1016/j.jeca.2024.e00398","DOIUrl":"10.1016/j.jeca.2024.e00398","url":null,"abstract":"<div><div>The outbreak of the virus in early 2020 led to widespread market volatility and significant declines in stock prices. The importance of the ASEAN-5 markets has emerged as a result of the pandemic. Post-covid-19 and Russia-Ukraine war, these markets have gained attention from investors and researchers. Therefore, it is crucial to understand the extent to which the ASEAN-5 markets are connected to other major markets in order to fully grasp the impact of the pandemic on global stock markets. Hence, this study aims to examine the connectedness among ASEAN-5, the US, the UK, India, and China's stock markets. The data for the period January 2017 to December 2022 were retrieved. DCC-GARCH is employed to fetch the connectedness for sub-periods: pre, during, and post-covid-19. The results in the pre-covid-19 period highlight that Indian markets are least connected with the others; the Philippines is the worst net volatility receiver. During covid-19, China is the net volatility receiver, in the post-covid-19 period; Singapore is the net volatility receiver. The results are robust to the Minimum Spanning Tree (MST) analysis. During the crisis, investors should rebalance or reallocate their portfolios due to increased connection and declining benefits of diversification. To prevent the local markets from being affected by other markets, policymakers should take action.</div></div>","PeriodicalId":38259,"journal":{"name":"Journal of Economic Asymmetries","volume":"31 ","pages":"Article e00398"},"PeriodicalIF":0.0,"publicationDate":"2025-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143143646","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Are the effects of monetary policy larger in recessions? A reconciliation of the evidence 在经济衰退中，货币政策的影响是否更大？证据的调和

Journal of Economic Asymmetries Pub Date : 2024-12-30 DOI: 10.1016/j.jeca.2024.e00394

Jeremy Piger , Thomas Stockwell

引用次数: 0

Evaluating the symmetry of trade policy: Evidence from liberalization reversals 评估贸易政策的对称性：来自自由化逆转的证据

Journal of Economic Asymmetries Pub Date : 2024-12-19 DOI: 10.1016/j.jeca.2024.e00395

Youssef Ait Benasser

{"title":"Evaluating the symmetry of trade policy: Evidence from liberalization reversals","authors":"Youssef Ait Benasser","doi":"10.1016/j.jeca.2024.e00395","DOIUrl":"10.1016/j.jeca.2024.e00395","url":null,"abstract":"<div><div>Is trade policy symmetric? Using a dataset of trade agreements from 1986 to 2016, we identify 596 instances of trade liberalization reversals where standing agreements are revoked and barriers to trade are reinstated. We study the impact of these reversals on import volumes to understand whether the size of trade flows responses to liberalization and protectionist policies are symmetric. The baseline results do not reject the null hypothesis of perfect policy symmetry: after a liberalization policy is reversed trade flows are on average indistinguishable from flows that did not experience earlier liberalization. Heterogeneity analysis reveals, however, that attributes of reversed policies, such as length and depth, impact their symmetry properties. In a context of increased policy volatility and evolving trade policymaking framework, this study pioneers research about the relative impacts and the persistence of liberalization and protectionism. The findings equip policymakers with critical insights into the durable benefits of liberalization, amidst protectionist pressures, and open new avenues for future research to explore the intricate dynamics of trade policy symmetry.</div></div>","PeriodicalId":38259,"journal":{"name":"Journal of Economic Asymmetries","volume":"31 ","pages":"Article e00395"},"PeriodicalIF":0.0,"publicationDate":"2024-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143143647","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

From debt arithmetic to fiscal sustainability and fiscal rules: Taking stock and policy lessons 从债务计算到财政可持续性和财政规则：盘点和政策教训

Journal of Economic Asymmetries Pub Date : 2024-11-30 DOI: 10.1016/j.jeca.2024.e00393

George Economides , Giota Koliousi , Natasha Miaouli , Apostolis Philippopoulos

引用次数: 0

The asymmetric impact of leisure externalities on economic growth 休闲外部性对经济增长的非对称影响

Journal of Economic Asymmetries Pub Date : 2024-11-01 DOI: 10.1016/j.jeca.2024.e00388

Spyridon Boikos , Alberto Bucci

{"title":"The asymmetric impact of leisure externalities on economic growth","authors":"Spyridon Boikos , Alberto Bucci","doi":"10.1016/j.jeca.2024.e00388","DOIUrl":"10.1016/j.jeca.2024.e00388","url":null,"abstract":"<div><div>Leisure generates externalities for the economy as a whole, as individuals generally get some (dis-)utility from their leisure-time. However, the sign and the extent of the effect that these externalities have on a specific worker's productivity and on the productivity of all other factors used in combination with labor (hence on long-term economic growth) may be asymmetric across different economic activities. The objective of this paper is to shed light on the impact that sector-specific leisure-time externalities have on the innovation rate, on the sectorial allocation of (skilled) labor, and eventually on the long-run economic growth rate, without making any prior assumption on their sign and magnitude. In the baseline model the growth rate of per capita income moves together with all types of leisure externalities, whereas the innovation rate moves together with (and depends solely on) the R&D-sector-specific leisure externality. From numerical analyses, we conclude that sector-specific leisure-time externalities provide asymmetric effects on the growth rate of real per capita GDP and on the way skilled labor is allocated across different economic activities. The robustness of these conclusions is analyzed by using various definitions of leisure along with different utility functions (including leisure as an argument).</div></div>","PeriodicalId":38259,"journal":{"name":"Journal of Economic Asymmetries","volume":"30 ","pages":"Article e00388"},"PeriodicalIF":0.0,"publicationDate":"2024-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142554543","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Asymmetries during pandemics and wartime 大流行病和战争期间的不对称现象

Journal of Economic Asymmetries Pub Date : 2024-11-01 DOI: 10.1016/j.jeca.2024.e00381

Sabri Boubaker, Toan L.D. Huynh, Duc Khuong Nguyen

引用次数: 0

Special issue: Asymmetries in the global economy 特刊：全球经济的不对称

Journal of Economic Asymmetries Pub Date : 2024-11-01 DOI: 10.1016/j.jeca.2024.e00365

Costas Siriopoulos, Dionisis Philippas

引用次数: 0

Investigating the asymmetric effects of financial development on trade performance in Africa: Can digitalization, transport services, and regulatory quality drive the vision 2063? 调查金融发展对非洲贸易绩效的不对称影响：数字化、运输服务和监管质量能否推动 2063 年愿景？

Journal of Economic Asymmetries Pub Date : 2024-11-01 DOI: 10.1016/j.jeca.2024.e00390

Ibrahim Lanre Ridwan , Abdul Rahman Bin S. Senathirajah , Mamdouh Abdulaziz Saleh Al-Faryan

{"title":"Investigating the asymmetric effects of financial development on trade performance in Africa: Can digitalization, transport services, and regulatory quality drive the vision 2063?","authors":"Ibrahim Lanre Ridwan , Abdul Rahman Bin S. Senathirajah , Mamdouh Abdulaziz Saleh Al-Faryan","doi":"10.1016/j.jeca.2024.e00390","DOIUrl":"10.1016/j.jeca.2024.e00390","url":null,"abstract":"<div><div>One of the key goals of the United Nations Sustainable Goals focuses on nations pursuing sustainable growth (SDG-2) and notable strands of studies have emphasized the fundamental roles financial development plays in its attainment. However, there is limited understanding regarding how financial development influences trade performance and competitive advantage. Consequently, this study aims to provide the first empirical evidence of the asymmetric effects of financial development on trade performance in Africa from 1996 to 2022. Additionally, the empirical model that controls for market size, transport services, and digitalization is evaluated through various methodologies, including Mean Group (MG), Pooled Mean Group (PMG), Dynamic Fixed Effects (DFE), and Quantile Regression (QR). The results indicate that while negative shocks adversely affect trade performance, positive shocks stemming from financial development enhance it. Moreover, trade performance is positively influenced by digitalization, market size, and trade openness, whereas it is negatively affected by transportation services. These findings carry important implications for policy-making.</div></div>","PeriodicalId":38259,"journal":{"name":"Journal of Economic Asymmetries","volume":"30 ","pages":"Article e00390"},"PeriodicalIF":0.0,"publicationDate":"2024-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142656233","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Asymmetric distance and business cycles (ΑDBC): A new understanding of distance in international trade models through the example of Iran's trade corridors 非对称距离与商业周期（ΑDBC）：以伊朗贸易走廊为例，重新认识国际贸易模型中的距离问题

Journal of Economic Asymmetries Pub Date : 2024-11-01 DOI: 10.1016/j.jeca.2024.e00389

Hercules Haralambides , Iman Bastanifar , Kashif Hasan Khan , Zahra Shahryari

引用次数: 0