under previously committed credit lines. We show that during the collapse of the Asset Backed Commercial Paper market in the … conditions on the outstanding credit lines offered to borrowers in violation of a covenant. Looking at the broader period of the …, following a covenant violation on a credit line. Our paper suggests that a worsening in financial conditions of lenders can bear …

We study how the consequences of violations of covenants associated with bank lines of credit to firms vary with the … financial health of lenders. Following a violation banks restrict usage of lines of credit by raising spreads, shortening … during the recent crisis. Banks in worse financial health are more likely to restrict access to credit lines following a …

We analyze the role of international trade and health coordination in times of a pandemic by building a two … policies robustly feature inefficiently high tariffs that peak with the pandemic in the foreign economy. This distorts terms of … trade dynamics and magnifies the welfare costs of tariff wars during a pandemic due to lower levels of consumption and …

We analyse the role of international trade and health coordination in times of a pandemic by building a two … policies robustly feature inefficiently high tariffs that peak with the pandemic in the foreign economy. This distorts terms of … trade dynamics and magnifies the welfare costs of tariff wars during a pandemic due to lower levels of consumption and …

We analyze the role of international trade and health coordination in times of a pandemic by building a two … policies robustly feature inefficiently high tariffs that peak with the pandemic in the foreign economy. This distorts terms of … trade dynamics and magnifies the welfare costs of tariff wars during a pandemic due to lower levels of consumption and …