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pandemic fades, unrest may reemerge in locations where it previously existed …
Persistent link: https://www.econbiz.de/10013243064
We quantify the macroeconomic effects of COVID-19 for a small open economy by calibrating a SIR-multi-sector-macro model. We measure sectoral supply shocks utilizing teleworking and physical job proximity, and demand shocks with credit card purchases. Both shocks are also affected from changing...
Persistent link: https://www.econbiz.de/10012826004
-learning algorithms for the world and 40 large economies shows that forecasts based on linear regressions often outperform those based on …
Persistent link: https://www.econbiz.de/10013252036
We develop an integrated epidemiological-macroeconomic model to analyze the interplay between the COVID-19 outbreak and economic activity, as a tool for capacity building purposes. We illustrate a workhorse framework that combines a rich epidemiological model with an economic block to shed light...
Persistent link: https://www.econbiz.de/10013252049
A universal testing and isolation policy is the most viable way to vanquish a pandemic. Its implementation requires: (i … economic fallout of the pandemic …
Persistent link: https://www.econbiz.de/10012827589
-19 pandemic. Based on analysis of contract signature and delivery dates in COVID-19 vaccine advance purchase agreements … line. A pandemic Advance Commitment Facility with access to a credit line on day-zero of the next pandemic could allow low … and discusses how the credit would complement other proposals to strengthen the financing architecture for pandemic …
Persistent link: https://www.econbiz.de/10014082663
factors contributing to French firms’ heterogeneous adjustment paths. Early in the pandemic, firms mainly responded to global … implemented by governments in response to the pandemic had little impact on aggregate trade flows …
Persistent link: https://www.econbiz.de/10014083506
COVID-19 pandemic (February-June 2020) using various approaches to identify credit supply shocks. The pandemic crisis …
Persistent link: https://www.econbiz.de/10013302781
Corporate sector vulnerabilities have been a central policy topic since the outset of the COVID-19 pandemic. In this … shocks induced by the pandemic to their liquidity, viability and solvency. For this purpose, we develop novel multi … find that a large share of publicly-listed firms become vulnerable as a result of the pandemic shock and additional …
Persistent link: https://www.econbiz.de/10013305627
COVID-19 has had a disruptive economic impact in 2020, but how long its impact will persist remains unclear. We offer a prognosis based on an analysis of the effects of five previous major epidemics in this century. We find that these pandemics led to significant and persistent reductions in...
Persistent link: https://www.econbiz.de/10013305664