Michelsen, Claus; Baldi, Guido; Dany-Knedlik, Geraldine; … - In: DIW Weekly Report 10 (2020) 37, pp. 390-392
The coronavirus pandemic caused a global market crash in the first half of 2020. Following a massive slump of around four percent in the first quarter, global GDP decreased in the second by five percent. Lower rates of new infections, together with far-reaching monetary and fiscal policy...