In October 2010, the state government of Andhra Pradesh, India issued an emergency ordinance, bringing microfinance … activities in the state to a complete halt and causing a nation-wide shock to the liquidity of lenders, especially those with …

calibrated by the cost of March 2020 Coronavirus relief packages, the shock is forecast to lead to a cumulative loss in … disaster shock on economic activity and on uncertainty is studied using a VAR. While past natural disasters are local in nature … of large disaster shocks. Even in a fairly conservative case where COVID-19 is a 5-month shock with its magnitude …

supply shocks are possible, under some conditions. A 50% shock that hits all sectors is not the same as a 100% shock that …

distribution of business revenue shock due to the Covid-19 pandemic. We rely on it to analyze the impact of business support …

shock caused by lockdowns, the idiosyncratic demand shock suffered by sectors that rely on high contact with their costumers …

during the sharp risk-off shock in early 2020 when Covid-19 spread globally. We measure financial stress using a new dataset …

Managing the outbreak of COVID-19 in India constitutes an unprecedented health emergency in one of the largest and most … diverse nations in the world. On May 4, 2020, India started the process of releasing its population from a national lockdown …

intuition for our results using the recently developed framework of shock-exposure and shock-price elasticities …