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The recession in India and the UK peaked in 2017 due to the implications of new policy initiatives. The outbreak of the …. India and the UK have resorted to monetary and fiscal stimulus packages to face the economic crisis. This study investigated … the inflation–unemployment dynamics during the recession and COVID-19 times in India and the UK. Using a generalized …
Persistent link: https://www.econbiz.de/10012547953
the economy. In India, we find that the pandemic and ensuing lockdown policy led to various supply chain disruptions and … inequality. Estimations for India's economic revival are bleak and worsening with recent developments in the global economy. …
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This paper analyses the impact of the Covid-19 pandemic on stock market returns and their volatility in the case of the G20 countries. In contrast to the existing empirical literature, which typically focuses only on either Covid-19 deaths or lockdown policies, our analysis is based on a...
Persistent link: https://www.econbiz.de/10012622463
Using the exogenous shock of the COVID-19 pandemic, we study how informed market participants evaluate fiscal space. Short-selling activity shifted upon the onset of the pandemic towards companies with low financial flexibility only in countries with limited fiscal space. Among these companies,...
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The COVID-19 pandemic has put immense pressure on the fiscal situation. Central revenues have decelerated while expenditures had to be increased to facilitate economic recovery. Local governments faced even harder challenges as intergovernmental transfers were reduced and room for mobilizing...
Persistent link: https://www.econbiz.de/10013201569
This work examines the impacts which the Covid-19 pandemic brought to the stability of the European financial sector. Lockdowns, businesses unable to operate and uncertainty about how the pandemic would evolve fueled a sharp recession. From the lessons learned in the global financial crises and...
Persistent link: https://www.econbiz.de/10013188926