Exceptionally large monetary and fiscal policy measures have been implemented globally to counteract the adverse economic consequences of the covid-19 crisis. The analysis first provides an overview of some of the measures taken to support liquidity and lending in the US, Germany, Sweden and...

The memo gives a technical summary of a system developed and used in Danmarks Nationalbank's assessment of the economic impact of the covid-19 crisis. The system combines input-output tables from the national accounts, the input-output model and Danmarks Nationalbank's high-frequency indicators....

The ECB has ended its net purchases of bonds. As a result, the ECB will no longer dampen volatility in the euro area bond markets to the same extent. This may lead to greater volatility in the Danish mortgage bond market. In recent years, banks have reduced their market-making capacity in the...