Das, Sonali; Magistretti, Giacomo; Pugacheva, Evgenia; … - 2021
This paper examines the role of sectoral spillovers in propagating sectoral shocks in the broader economy, both in the … past and during the COVID-19 pandemic. In particular, we study how shocks that occur within a sector itself and spillovers … supply and demand shocks-measured as changes in, respectively, productivity and government purchases at the sector level …