Business cycle for the Covid-19 recession

Detalhes bibliográficos
Autor(a) principal: Fernandes, Daniel Gomes
Data de Publicação: 2021
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/142250
Resumo: We apply the Business Cycle Accounting framework to the COVID-19 recession in the Euro Area and the United States. We conclude that the efficiency wedge had the most important role in the Euro Area, followed by the labor and investment wedges. In the United States, the labor wedge was most crucial, with the investment wedge taking a second place. We present hypotheses, supported by our theoretical framework, for the dichotomy of the role of the efficiency wedge between the studied regions.Keywords:Economics,COVID-19, Business Cycle Accounting, Macroeconomics, Financial Crises, Financial Frictions, Wedges
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spelling Business cycle for the Covid-19 recessionFinancial crisesMacroeconomicsBusiness cyclesBusiness cycle accountingDomínio/Área Científica::Ciências Sociais::Economia e GestãoWe apply the Business Cycle Accounting framework to the COVID-19 recession in the Euro Area and the United States. We conclude that the efficiency wedge had the most important role in the Euro Area, followed by the labor and investment wedges. In the United States, the labor wedge was most crucial, with the investment wedge taking a second place. We present hypotheses, supported by our theoretical framework, for the dichotomy of the role of the efficiency wedge between the studied regions.Keywords:Economics,COVID-19, Business Cycle Accounting, Macroeconomics, Financial Crises, Financial Frictions, WedgesBrinca, Pedro Miguel SoaresRUNFernandes, Daniel Gomes2022-07-21T13:18:02Z2022-01-142021-12-162022-01-14T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/142250TID:202975142enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T05:19:49Zoai:run.unl.pt:10362/142250Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:50:13.810872Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Business cycle for the Covid-19 recession
title Business cycle for the Covid-19 recession
spellingShingle Business cycle for the Covid-19 recession
Fernandes, Daniel Gomes
Financial crises
Macroeconomics
Business cycles
Business cycle accounting
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short Business cycle for the Covid-19 recession
title_full Business cycle for the Covid-19 recession
title_fullStr Business cycle for the Covid-19 recession
title_full_unstemmed Business cycle for the Covid-19 recession
title_sort Business cycle for the Covid-19 recession
author Fernandes, Daniel Gomes
author_facet Fernandes, Daniel Gomes
author_role author
dc.contributor.none.fl_str_mv Brinca, Pedro Miguel Soares
RUN
dc.contributor.author.fl_str_mv Fernandes, Daniel Gomes
dc.subject.por.fl_str_mv Financial crises
Macroeconomics
Business cycles
Business cycle accounting
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Financial crises
Macroeconomics
Business cycles
Business cycle accounting
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description We apply the Business Cycle Accounting framework to the COVID-19 recession in the Euro Area and the United States. We conclude that the efficiency wedge had the most important role in the Euro Area, followed by the labor and investment wedges. In the United States, the labor wedge was most crucial, with the investment wedge taking a second place. We present hypotheses, supported by our theoretical framework, for the dichotomy of the role of the efficiency wedge between the studied regions.Keywords:Economics,COVID-19, Business Cycle Accounting, Macroeconomics, Financial Crises, Financial Frictions, Wedges
publishDate 2021
dc.date.none.fl_str_mv 2021-12-16
2022-07-21T13:18:02Z
2022-01-14
2022-01-14T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/142250
TID:202975142
url http://hdl.handle.net/10362/142250
identifier_str_mv TID:202975142
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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