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COVID-19 and the lockdowns have had a big global economic effect, as well as increasing mortality. We examine the effects of COVID-19 and the resulting relaxations of pension regulations on pension schemes. Those who transfer their pension or withdraw cash from their pension pot while asset...
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Why did the mortgage market prosper in 2020 and 2021 during a period of extreme economic uncertainty? We find that record-low interest rates, a relatively rapid economic recovery, and surging home prices all contributed in important ways to the lending boom. Underlying these outcomes, government...
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Using data on institutional investor holdings, we investigate the resilience of green bonds to the COVID-19 shock in a difference-in-differences framework. We find that, during the pandemic outbreak, green bonds experienced lower sales, on average, than equivalent conventional bonds, while no...
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Corporate sector vulnerabilities have been a central policy topic since the outset of the COVID-19 pandemic. In this paper, we analyze some 17,000 publicly listed firms in a sample of 24 countries, and assess their ability to withstand shocks induced by the pandemic to their liquidity, viability...
Persistent link: https://www.econbiz.de/10013305627
This research explores two aspects of European insurers' investment behaviour related to crises. While they are often …' investment behaviour in crises under the regulatory Solvency II regime implemented in 2016. With assets of nearly €9 trillion and … coronavirus (COVID-19) pandemic in the first quarter of 2020 and explore cyclical investment behaviour by replicating Timmer …
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