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In response to strong revenue and income losses that a large share of the self-employed faced during the COVID-19 pandemic, the German federal government introduced a €50bn emergency aid program. Based on real-time online-survey data comprising more than 20,000 observations, we analyze the...
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An economy's ability to resist adverse shocks, such as an economic recession or natural disaster, is associated with its financial system structure due to different countercyclical funding capabilities. This paper uses a novel database of bank headquarter locations in a cross-country comparison...
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wiederholt von der WHO, der EU sowie den zuständigen Behörden in Deutschland und anderen Ländern vertreten wurde. In der … von außerhalb der EU und des Schengen-Raums. Auch Deutschland änderte seine Linie und schloss seine Grenzen zu Frankreich … der COVID-19-Pandemie legen den Schluss nahe, dass die Annahme, die Ausbreitung des Virus könne durch …
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The "Great Lockdown" implemented in response to the COVID-19 pandemic has led to a severe world-wide economic crisis. In euro area countries, sovereign debt-to-GDP ratios are on the rise and reductions in expected fiscal surpluses raise sustainability concerns amongst investors. This paper...
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This study analyzes the impact of COVID-19 deniers on the spread of COVID-19 in Germany. In a first step, we establish a link between regional proxies of COVID-19 deniers and infection rates. We then estimate the causal impact of large anti-lockdown protests on the spread of COVID-19 using an...
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