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shocks induced by the pandemic to their liquidity, viability and solvency. For this purpose, we develop novel multi … their debt, and on their liquidity and solvency positions. Applying the October 2020 WEO baseline and adverse scenarios, we … the initial shock as earnings recover in line with projected macroeconomic conditions, liquidity needs remain substantial …
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The coronavirus (COVID-19) pandemic has halted economic activity worldwide, hurting firms and pushing them toward …
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The European Insurance and Occupational Pensions Authority suggests that as the coronavirus disease 2019 (COVID-19 …
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We study the effects of firm-level exposure to an epidemic disease on corporate cash holdings amongst U.S firms. Using a text-based measure of firm-level exposure to epidemic diseases and difference-in-difference estimation strategy, we document a positive relationship between the onset of an...
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