per capita) mediated by product vulnerabilities. We account for the precise lag between when the COVID-19 shock hit the … a lower degree of complexity negatively affected exports as a result of this shock. …

We analyse the link between supply chains and the extent to which the Great Recession has affected national economies … find that the trough in Europe occurs about 0.17 years later and the recovery (for the countries that have recovered) about … 1.55 years later. Moreover, the duration of the decline in Europe is about 4 months longer and of the recovery about 17 …

factors from trade-related spillovers, and identify the Covid-19 shock using GDP growth forecast revisions of the IMF in 2020Q … observations. Our results show that the Covid-19 pandemic will lead to a significant fall in world output that is most likely long …

The highly dynamic nature of the COVID-19 crisis poses an unprecedented challenge to policy makers around the world to … the COVID-19 shock translates into a noticeable reduction in gross labor income across the entire income distribution …

Recession, the primary determinant of the U.S. economic contraction in early 2020 was a sharp drop in domestic demand. Although …

outbreak. We predict the cumulative loss in world output one year after the uncertainty shock due to Covid-19 to be about 14%. …We estimate a three-variate VAR using proxies of global financial uncertainty, the global financial cycle, and world …

measure to 35 percent with a strong containment measure; second, recovery from recession emerges when the lockdown policy is …