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achieves set-identiÖcation via a combination of narrative, sign, ratio, and correlation restrictions. We Önd that the world …, the larger the world output contraction is. …
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the world to a global common factor - the global financial cycle. Using voting patterns at the United Nations as a measure …
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We study the consequences of the COVID-19 pandemic on productivity by matching firm performance outcomes with corresponding firm-level information on government support. Our cross-country evidence for five EU countries shows that the pandemic led to a significant short-term decline in...
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