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The People's Bank of China (PBoC) has taken numerous measures to cushion the impacts of the COVID-19 health crisis on … underlying unobserved component. We use the derived indicator to trace the response of the PBoC to the coronavirus pandemic. The … credit provision during the COVID-19 crisis. …
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The development of a new global health architecture in the wake of Covid-19 will require important decisions to be made, especially when it comes to negotiating a pandemic accord and creating robust supply chains. Against the backdrop of their systemic rivalry, the US and China view global...
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doubts about the reporting of cases and deaths in China, it seems that this country was able to control the epidemic more … inefficient, the epidemic was brought under control in a comparably short period of time and no second wave was experienced in … Wuhan until today. The measures to contain the epidemic do not differ from what was implemented in other countries, but …
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This paper investigates whether the Chinese state-owned financial institutions’ (national team) bailouts in the crash of 2015, as a symbol of implicit government guarantees, were able to stabilize the market in the absence of any stock purchases (or sells) during the COVID-19 pandemic. By...
Persistent link: https://www.econbiz.de/10014353286
In this paper, we study how China's stock market reacts to the sudden outbreak of COVID-19 in 2020, particularly to the announcement of the pandemic lockdown. In general, we observe reversals both at the industry level and at the firm level due to investors' overreactions to the pandemic...
Persistent link: https://www.econbiz.de/10012834870
This paper examines the causal impact of diagnostic efficiency on the COVID-19 pandemic in China. Using an instrumental variable approach, we show that a 1-day decrease in the time taken to confirm the first case in a city publicly led to 9.4% and 12.7% reductions in COVID-19 prevalence and...
Persistent link: https://www.econbiz.de/10012619669