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37 publications found, searching for 'COVID-19 '
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Working Paper No. 1096October 07, 2025
Gender Norms and Women’s Employment During the COVID-19 Pandemic: Evidence from India
AbstractWe examine the role of household-level social norms regarding women’s mobility in determining the impact of the COVID-19 pandemic on women’s employment. The shock of the pandemic containment measures, such…more
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Working Paper No. 1064December 06, 2024
Seismic Shifts in Economic Theory and Policy from the Bernanke Doctrine to Modern Money Theory
AbstractOriginally issued as EDI Working Paper No. 08, 2022 This paper evaluates the relationship between monetary and fiscal policy and the relative effectiveness of macroeconomic stabilization through the lens of…more
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Working Paper No. 1059November 26, 2024
Three Lessons from Government Spending and the Post-Pandemic Recovery
AbstractOriginally issued as EDI Working Paper No. 01, 2021 The central lesson of the COVID-19 fiscal response is that money is not scarce. Without delay, governments around the world appropriated…more
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Policy Note No. 2024/2November 04, 2024
Inflation
AbstractEdward Lane surveys some of the main potential contributors to the recent period of elevated inflation rates in the US economy—focusing on supply disruptions, inflation-adjusted consumer spending, and consumer spending…more
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Strategic AnalysisFebruary 15, 2024
Greece: Time to Reduce the Dependency on Imports
AbstractIn this report, Dimitri B. Papadimitriou, Nikolaos Rodousakis, Giuliano T. Yajima, and Gennaro Zezza investigate the determinants of the recent performance of the Greek economy. Despite geopolitical instability from the…more
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One-Pager No. 71December 14, 2023
Has the Time Arrived for a Job Guarantee in Europe?
AbstractIn comparison to the policy responses in the aftermath of the 2008–9 global financial crisis, the reactions of EU policymakers to the combined shocks of the COVID-19 crisis and Ukraine-Russia…more
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Policy Note No. 2023/4August 23, 2023
Effects of Forced Formalization (Demonetization) in the Indian Economy
AbstractNischal Dhungel examines the impact of India’s demonetization experiment—an effort at “forced formalization” of the economy. He urges a more organic approach to formalization, pairing efforts to bring the unbanked…more
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Strategic AnalysisJuly 20, 2023
Will the US Debt Ceiling Deal Derail the Pandemic Recovery?
AbstractIn this Strategic Analysis, Dimitri B. Papadimitriou, Michalis Nikiforos, Giuliano T. Yajima, and Gennaro Zezza discuss how the current state and structural features of the US economy might affect its…more
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Policy Note No. 2023/1May 01, 2023
Greece: Higher GDP Growth at What Cost?
AbstractIn 2022, Greek GDP grew at a higher rate than the eurozone average as the nation’s economy rebounded from the COVID-19 shock. However, it was not all welcome news. In…more
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One-PagerDecember 07, 2022
The Causes of Pandemic Inflation
AbstractWhile the trigger for the Covid recession was unusual—a collapse of the supply side that produced a drop in demand—the inflation the US economy is now facing is not atypical,…more
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Strategic AnalysisOctober 13, 2022
Ελλάδα: Ανάκαμψη, ή μια νέα Ύφεση;
AbstractΣε αυτή τη στρατηγική ανάλυση, ο Πρόεδρος του Ινστιτούτου Δημήτρης Παπαδημητρίου, ο ερευνητής Gennaro Zezza και ο επιστημονικός συνεργάτης Νίκος Ροδουσάκης αναλύουν τις μεσοπρόθεσμες προοπτικές για την ελληνική οικονομία, σε…more
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Strategic AnalysisOctober 13, 2022
Greece: Recovery, or Another Recession?
AbstractIn this strategic analysis, Institute President Dimitri B. Papadimitriou, Senior Scholar Gennaro Zezza, and Research Associate Nikolaos Rodousakis discuss the medium-term prospects for the Greek economy in a time of…more
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Working Paper No. 1010September 06, 2022
Reflections on Angela Merkel’s Career as Chancellor of Germany and the Greek Financial Odyssey
AbstractAngela Merkel is the second-longest-serving chancellor of modern Germany, with more than 16 years in office. During her tenure there were many years of economic stability, but there were also…more
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Working Paper No. 1003March 04, 2022
What’s Causing Accelerating Inflation
AbstractThis paper examines the recent increase of the measured inflation rate to assess the degree to which the acceleration is due to problems created (largely on the supply side) by…more
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Working Paper No. 1002February 04, 2022
COVID-19 and Fiscal-Monetary Policy Coordination
AbstractAgainst the backdrop of the COVID-19 pandemic, this paper analyzes the economic stimulus packages announced by the Indian national government and tries to identify some plausible fiscal and monetary policy…more
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Working Paper No. 999January 18, 2022
Structural Change, Productive Development, and Capital Flows
AbstractThe outbreak of COVID-19 brought back to the forefront the crucial importance of structural change and productive development for economic resilience to economic shocks. Several recent contributions have already stressed…more
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Policy Note No. 2021/4November 10, 2021
A Recovery for Whom?
AbstractThe COVID-19 pandemic has revealed multiple risks faced by economies whose production structures depend on the volatility of international conditions. In the case of Greece, this has manifested itself in…more
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Strategic AnalysisJune 17, 2021
The Pandemic, the Stimulus, and the Future Prospects for the US Economy
AbstractIn this report, Institute President Dimitri B. Papadimitriou and Research Scholars Michalis Nikiforos and Gennaro Zezza analyze how the US economy was affected by the pandemic and its prospects for…more
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Policy Note No. 2021/3June 08, 2021
Why President Biden Should Eliminate Corporate Taxes to Build Back Better
AbstractEdward Lane and L. Randall Wray explain how federal taxes on corporate profits are not well suited to either containing inflationary pressures or reducing inequality. They are not only a…more
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Policy Note No. 2021/2May 13, 2021
Gender and Race in the Spotlight during the COVID-19 Pandemic
AbstractResearch Scholar Luiza Nassif-Pires, Luísa Cardoso, and Ana Luíza Matos de Oliveira analyze the importance of the “emergency benefit” (Auxílio Emergencial) in containing the increase in poverty and extreme poverty…more
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One-Pager No. 65February 17, 2021
COVID Relief and the Inflation Warriors
AbstractWith the unveiling of President Biden’s nearly $2 trillion proposal for addressing the COVID-19 crisis, Democrats appear keen to avoid repeating the mistakes of the Great Recession—most notably the inadequate…more
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Working Paper No. 981January 19, 2021
What Jobs Should a Public Job Guarantee Provide?
AbstractThe job guarantee is a viable policy option for tackling both unemployment and underemployment. Hyman P. Minsky was one of the seminal writers on this subject. The first part of…more
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Working Paper No. 978November 16, 2020
Potential Impact of Daycare Closures on Parental Child Caregiving in Turkey
AbstractDaycares closed on March 16, 2020 in Turkey to prevent the spread of COVID-19. At the same time, the two most common nonparental childcare arrangements in Turkey—care of children by…more
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Policy Note No. 6October 15, 2020
Alternative Macro Policy Response for a Pandemic Recession
AbstractAs COVID-19 infection and test positivity rates rise in the United States and federal stimulus plans expire, Senior Scholar Jan Kregel articulates an alternative approach to analyzing the economic problems…more
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