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I study the effects of the 2019-20 coronavirus outbreak in the United States and subsequent fiscal policy response in a … nonlinear DSGE model. The pandemic is a shock to the utility of contact-intensive services that propagates to other sectors via …
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In this contribution, we assess the main measures, already taken or currently contemplated by the EU, in reaction to the COVID-19 crisis to mitigate its impact on Eurozone economies. The discussion begins with the recent monetary policy decisions taken by the ECB (1). The focus then shifts to...
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