Forbes, Kristin; Friedrich, Christian; Reinhardt, Dennis - 2023 - Last updated: January 30, 2023
This paper explores whether different funding structures-including the source, instrument, currency, and counterparty … location of funding-affected the extent of financial stress experienced in various countries and sectors during the Covid-19 … sovereigns, banks, and corporates. Then we use country-sector and country-sector-time panels to assess if these different funding …