restriction measures and local unemployment rates on inflation expectations. We find that consumers who were locally more exposed … to COVID-19 cases report higher inflation expectations. e relationship between the virus spread and inflation … experience channel. Information about the pandemic and its effects played an important role during the rst wave of the pandemic …

recession implied by the COVID-19 pandemic. Interestingly, even though inflation rates in Germany have been clearly below 2% for …% over the medium term. We investigate how inflation expectations and the impact of the pandemic depend on personal … citizens in January 2019 that is designed to measure long-term inflation expectations and the credibility of the inflation …

During a global shock two forces act upon international remittances in opposite directions: income losses among … data at the subnational level in Mexico to study the behavior of remittances during the Covid-19 pandemic. We estimate … conditions had no discernible effect on remittances during the pandemic. We also show that contractions in consumption in Mexico …

cushioned economic shocks during the COVID-19 pandemic and the global financial crisis (GFC). Findings suggest that the impacts … resilience during the GFC, countries with more centralised banking systems performed better in the first year of the pandemic …. Future studies of pandemic recovery paths will show if regional banks have lost their ability for countercyclical funding, or …

partner's economic support policies. Moreover, to the extent that public interventions to fight the pandemic affect financial …

We develop a novel empirical approach to identify the effectiveness of policies against a pandemic. The essence of our … approach is the insight that epidemic dynamics are best tracked over stages, rather than over time. We use a normalization … procedure that makes the pre-policy paths of the epidemic identical across regions. The procedure uncovers regional variation in …