The memo gives a technical summary of a system developed and used in Danmarks Nationalbank's assessment of the economic impact of the covid-19 crisis. The system combines input-output tables from the national accounts, the input-output model and Danmarks Nationalbank's high-frequency indicators....

Since the partial shutdown of Denmark following the covid-19 outbreak, the Parliament has passed several temporary compensation schemes to support companies and sustain employment. Based on simulations using the macroeconometric model ADAM, we find that the compensation schemes can strengthen...

Due to the covid19-crisis, it is projected that Danish potential GDP will grow at a slower pace in the coming years. Potential GDP is reduced by 1.1 per cent in 2022 compared to Nationalbanken's forecast from before the covid19 outbreak. The downward revision reflects a decline in structural...