Showing 1 - 10 of 23,505
Persistent link: https://www.econbiz.de/10009507799
The economic crisis triggered by the COVID-19 virus is unique in economic history in its mode and rate of occurrence, global coverage, and consequences. The text reveals the mechanisms of the impact of health shock on the economy and the macroeconomic framework of mitigating and exiting the...
Persistent link: https://www.econbiz.de/10012608984
Persistent link: https://www.econbiz.de/10013170849
We present a Simple SIR Macro Model to study the economic impact of an epidemic in a model were agent types are …
Persistent link: https://www.econbiz.de/10012254257
Persistent link: https://www.econbiz.de/10014324867
The lack of inflation in 2020 despite the fastest money growth rates since World War II at first seems puzzling for anyone believing that money still matters. The monetary expansion merely offset the effects of declining velocity of money and reduced spending associated with the lockdowns,...
Persistent link: https://www.econbiz.de/10014263498
We study the dynamic impact of Covid-19, economic mobility, and containment policy shocks. We use Bayesian panel structural vector autoregressions with daily data for 44 countries, identified through sign and zero restrictions. Incidence and mobility shocks raise cases and deaths significantly...
Persistent link: https://www.econbiz.de/10012440388
We study the dynamic impact of Covid-19, economic mobility, and containment policy shocks. We use Bayesian panel structural vector autoregressions with daily data for 44 countries, identified through sign and zero restrictions. Incidence and mobility shocks raise cases and deaths significantly...
Persistent link: https://www.econbiz.de/10012434050
This study aims to analyse how the monetary policies of the Republic of North Macedonia and the Republic of Albania, as one of the two critical macroeconomic policies, have reacted in response to COVID-19 for the year 2020. Last year, the year 2020, the pandemic caused these two countries to...
Persistent link: https://www.econbiz.de/10013170215
debt. The idea that the government sells bonds to the central bank also play a key role in Modern Monetary Theory (MMT) and …, using MMT's own balances sheet analysis, that the theory is almost always contradicted by the actual workings of the modern … reserves to banks through borrowing in the bonds markets, which in its theory leads to a change in short-term interest rates …
Persistent link: https://www.econbiz.de/10012833335