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economy (Spain) as well as their inter-regional spillovers to the rest of Europe. Multipliers are about 1.9 for public …
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This paper examines the effects of the COVID-19 pandemic on stock returns, CDS and economic activity in the US and the five European countries (the UK, Germany, France, Italy, and Spain) which have been most affected. The sample period covers the dates from the first confirmed COVID-19 cases in...
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