We study the dynamic impact of Covid-19, economic mobility, and containment policy shocks. We use Bayesian panel …

with the theory of in-kind transfers, the vast majority of BMW winners liquidate their BMWs.We do, however, detect …

shock, or they exclude contemporaneous values of these variables from the monetary authority's information set. This paper … advantage that it makes the exercise less vulnerable to potential misidentification of the US monetary policy shock. The results …

an initial shock and on history, minus the baseline expectation that conditions on history. This makes the process … endogenous, but the choice of the baseline shock within the data set makes a difference. We explore the impact of three different … government allowed the investment bank Lehman Brothers to go bankrupt (GFC2). The third shock is 9 May 2010, which marked the …

using a Panel Markov-Switching VAR model. The model accommodates changes in low and high data frequencies and incorporates … Great Financial Crisis: this shock affects the US first, leading the Eurozone cycle, and spreads then rapidly among these … in Eurozone countries. Fourth, a credit shock results in substantial negative industrial production growth for several …