Once bitten, twice bold? Early life tragedy and central bankers’ reaction to COVID-19

Archive ouverte : Article de revue

Aslam, Maqsood | Farvaque, Etienne

Edité par HAL CCSD ; Elsevier

International audience. Have negative experiences (in particular, natural disasters) that central bankers’ have known in their early life influenced monetary policy decisions in front of the COVID-19 pandemic? We answer this question using a sample of 19 developing countries. We show that central bankers who experienced episodes of epidemics in their early life lowered interest rates faster and lower during the COVID-19 pandemic. Personal experience of decision-makers has contributed strongly to explain their behavior during the crisis.

Consulter en ligne

Suggestions

Du même auteur

The whys and how of central bank independence: from legal principles to ope...

Archive ouverte: Type de document indéfini

Aslam, Maqsood | 2022-08-19

International audience. This chapter details the founding principles that can explain the drive towards central bank independence, and then looks at the consequences formal independence induces for the communication...

Dragging a heavy load to the central bank:influence of experienced natural ...

Archive ouverte: Article de revue

Aslam, Maqsood | 2022-05-12

International audience. How do natural and man-made disasters faced by central bankers in their impressionable years influence their decision-making? Using data on a large panel of central bankers from developing an...

One partition, many divisions? Ethnicities and education in Pakistan

Archive ouverte: Article de revue

Aslam, Maqsood | 2021-03-10

International audience. If historical shocks influence educational outcomes, how long does the effect last, and does it differ among ethnic groups? This study answers these questions by exploiting the historical exp...

Du même sujet

Digital disengagement : Covid-19, digital justice and the politics of refus...

Livre | 2023

Leading experts in the field ask what digital justice looks like in a time of pandemic across various interdisciplinary contexts and spheres in science, technology and society from public health to education, politics and everyday...

Law, humanities and COVID crisis / edited by Carl F. Stychin

Livre | 2023

Introduction / Carl F. Stychin. Public interest or social need ? Reflections on the pandemic, technology and the law / Dimitrios Kivotidis. COVID, commodification and conspiracism / David Seymour. Counting the dead during a pandem...

Global pandemic, technology and business : comparative explorations of COVI...

Livre | Luo, Li (1972-....). Directeur de publication | 2022

"This book presents an exploration of a wide range of issues in law, regulation and legal rights in the sectors of information protection, the creative economy and business activities following COVID-19.The debilitative effect of ...

Pandémie, droit et cultes / sous la coordination de Guillaume Drago, Joël H...

Livre | Drago, Guillaume (1960-....). Éditeur scientifique. Auteur | 2023

L’épisode des confinements et déconfinements résultant de la propagation du Covid-19 a été marqué par de fortes restrictions des libertés fondamentales des citoyens. La liberté des cultes fut parmi les plus touchées. Les mesures d...

Impacts of COVID-19 on supply chains : disruptions, technologies, and solut...

Livre

This edited text examines the effects of the pandemic on supply chains and consequent adjustments made by companies to cope with these effects. This research sheds light on the challenges faced by diverse industries during the COV...

Transformation in times of crisis : eight principles for creating opportuni...

Livre | Rakesh, Nitin. Auteur | 2020

Chargement des enrichissements...