Showing 1 - 10 of 621
significant impact on market-implied sovereign default risk. This adverse effect appears to be more pronounced in advanced …
Persistent link: https://www.econbiz.de/10012392655
The analysis of interconnectedness and contagion is an important part of the financial stability and risk assessment of …
Persistent link: https://www.econbiz.de/10012122482
explores how much of these large movements reflected shifts in (i) global risk aversion (ii) country-specific risks, directly … in the crisis, the surge in global risk aversion was a significant factor influencing sovereign spreads, while recently … Spain, as the emphasis has shifted towards short-term refinancing risk and long-term fiscal sustainability. The paper …
Persistent link: https://www.econbiz.de/10014402913
A universal testing and isolation policy is the most viable way to vanquish a pandemic. Its implementation requires: (i) an epidemiological rather than clinical approach to testing, sacrificing accuracy for scalability, convenience and speed; and (ii) state intervention to ramp up production,...
Persistent link: https://www.econbiz.de/10012252486
We analyze the medium-term macroeconomic impact of the Covid-19 pandemic and associated lock-down measures on low-income countries. We focus on the impact over the medium-run of the degradation of health and human capital caused by the pandemic and its aftermath, exploring the trade-offs between...
Persistent link: https://www.econbiz.de/10013170278
Persistent link: https://www.econbiz.de/10013170607
Mexico has had one of the highest death tolls from Covid-19 and among the largest declines in output compared to peers. This paper utilizes data on Mexico's thirty-two states to better understand the relationship between health and economic outcomes. For instance, did the states with worse...
Persistent link: https://www.econbiz.de/10012392054
path in the medium term as tax reforms pay off and risk premia decline …
Persistent link: https://www.econbiz.de/10012392060
In this paper we analyze the dynamics among past major pandemics, economic growth, inequality, and social unrest. We provide evidence that past major pandemics, even though much smaller in scale than COVID-19, have led to a significant increase in social unrest by reducing output and increasing...
Persistent link: https://www.econbiz.de/10012392066
Countries have implemented several containment measures to halt the spread of the 2019 coronavirus disease, but it … data on the number of coronavirus disease cases as well as on real-time containment measures implemented by countries …
Persistent link: https://www.econbiz.de/10012300628