Showing 1 - 10 of 3,002
The COVID-19 pandemic has upended health and living standards around the world. This article provides an interim …-economic effects in terms of living standards, education, health, and gender equality, which appear to be unprecedented in depth and …
Persistent link: https://www.econbiz.de/10012660017
, 2020, 40 states and the District of Columbia adopted SIPOs. This study explores the impact of SIPOs on health, with … in the rate at which state residents remained in their homes full-time. Then, using daily state-level coronavirus case … benefits from their SIPOs. Finally, we find that statewide SIPOs were associated with a reduction in coronavirus-related deaths …
Persistent link: https://www.econbiz.de/10012481675
income on infant health. We measure the total amount of pandemic payments received during pregnancy, or the year before birth … economically meaningful effects on infant health. Overall, the findings suggest that income transfers during pregnancy will have … little effect on socioeconomic disparities in infant health …
Persistent link: https://www.econbiz.de/10014528350
We study the effects of fiscal policy in response to the COVID-19 pandemic at the firm, sector, country and global level. First, we estimate the impact of COVID-19 and policy responses on small and medium sized enterprise (SME) business failures. We combine firm-level financial data from 50...
Persistent link: https://www.econbiz.de/10012629513
measure each firm's liquidity shortfall during and after COVID-19. Our framework allows for a rich combination of sectoral and …
Persistent link: https://www.econbiz.de/10012481180
Social distancing restrictions and demand shifts from COVID-19 are expected to shutter many small businesses, but there is very little early evidence on impacts. This paper provides the first analysis of impacts of the pandemic on the number of active small businesses in the United States using...
Persistent link: https://www.econbiz.de/10012481503
We study disruptions in debt markets during the COVID-19 crisis. The safer end of the credit spectrum experienced significant losses that are hard to fully reconcile with standard default or risk premium channels. Corporate bonds traded at a large discount to their corresponding CDS, and this...
Persistent link: https://www.econbiz.de/10012481751
In March of 2020, banks faced the largest increase in liquidity demands ever observed. Firms drew funds on a massive … shutdown designed to contain the COVID-19 crisis. The increase in liquidity demands was concentrated at the largest banks, who … serve the largest firms. Pre-crisis financial condition did not limit banks' liquidity supply. Coincident inflows of funds …
Persistent link: https://www.econbiz.de/10012481838
corporate liquidity. These relations are more pronounced in larger, less risky firms whose debt is a closer substitute for … competition for Treasury securities. In concert, our results suggest that large, financially healthy corporations act as liquidity …
Persistent link: https://www.econbiz.de/10012458084
This paper analyzes the costs and benefits of a no-fault-default debt structure as an alternative to the typical bankruptcy process. We show that the deadweight costs of bankruptcy can be avoided or substantially reduced through no-fault-default debt, which permits a relatively seamless transfer...
Persistent link: https://www.econbiz.de/10012482559