A universal testing and isolation policy is the most viable way to vanquish a pandemic. Its implementation requires: (i … economic fallout of the pandemic …

activity around the world. We present a parsimonious two-country-SIR model with some degree of substitutability between home … and foreign goods, and show that trading partners' asynchronous entries into the global pandemic induce mutual welfare … opportunities to contain the spread of the pandemic. We characterize the Nash game of strategic choices of containment policies as a …

-19 infections. Our findings, which are consistent across estimation methods and robust to a variety of tests, warn about …

early phase of the pandemic. We document that European countries and U.S. states that experienced larger outbreaks also …

While the COVID-19 pandemic is affecting all countries, output losses vary considerably across countries. We provide a …

pandemic may be larger than those flowing from the historical pandemics in our sample, and larger than those following typical …

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 …

factors. However, our granular analysis using high-frequency (daily) data indicates that the COVID-19 pandemic has had a … economies, which may reflect the greater severity of the pandemic and depth of the ensuing economic crisis in these countries as …

pandemic fades, unrest may reemerge in locations where it previously existed …