The #MiddleEast & North #Africa region is facing a serious crisis. The policy choices are not easy, but we do need a new social contract based on #transparency and #accountability from the governments.
Our recent volume discusses some of the challenges the region has been facing for the last few decades and provides proposals for how the much needed change could be initiated: global.oup.com/academic/produ…
By the way if your library is closed due to #covid19, you might have free online access to all 12 chapters (through your institution or University) through Oxford Scholarship Online from here: dx.doi.org/10.1093/oso/97…
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With new variants/waves & reimposition of restrictions in some regions, governments around the world are calling for a careful assessment of the effectiveness of the adopted #Covid19#fiscal measures before they embark on further easing or tailoring of measures 2/n
The #Covid19 pandemic led to a sharp tightening of global #financial conditions at the acute phase of the crisis and has inflicted large economic losses across the world (see Figure below) ... 3/n
What are the implications of excess global financial market volatility on economic growth? Are there threshold effects in the relationship between growth & excess global volatility for individual countries? How should we model the nonlinear effects in a multi-country setting? 1/n
The #Covid19#pandemic has been a shock like no other, initiating simultaneous demand and supply disruptions. In addition, it led to a sharp tightening in global #financial market conditions during the first quarter of 2020. 3/n
Key challenges with the empirical #economic analysis of #Covid19 include the following: how to identify the shock, how to account for its non-linear effects, & how to quantify its effects while accounting for spillovers, common global factors, network effects and uncertainty. 2/n
We contribute to the literature by addressing these issues in a coherent multi-country framework. We offer an identification strategy for the #Covid19 shock considering that a synthetic control method cannot be applied in the context of a global #pandemic. 3/n
Looking forward to chatting with potential @Cambridge_Uni economics candidates later today and answering any questions you have about #economics at #Cambridge (one of the oldest economics faculties in the world) or the wonderful @Kings_College.
It has been the home of many great economists, such as Richard Kahn, Nicholas Kaldor, John Maynard Keynes, Arthur Cecil Pigou, Joan Robinson, Richard Stone and Oliver Hart to name a few.
Among @Cambridge_Uni Colleges, at King's we currently have one of the largest number of #economics Fellows, including my amazing colleagues Aytek Erdil, @elisafaraglia, @giannitsarou & Hamid Sabourian (with super interesting research interests from macroeconomics to game theory).
Like my friend Thomas, I keep getting sent articles about our teaching @Cambridge_Uni next academic year and people emailing to ask about the articles, please don’t jump to conclusions! 1/n