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We develop a model of pandemic risk management and firm valuation. We introduce aggregate transmission shocks into an …
Persistent link: https://www.econbiz.de/10012833123
We develop a model of pandemic risk management and firm valuation. We introduce aggregate transmission shocks into an …
Persistent link: https://www.econbiz.de/10012834259
The coronavirus has produced a public health debacle of the first-order. But the virus is also propagating the kind of exogenous shock that can precipitate – and to a considerable degree is already precipitating – a systemic event for our financial system. This currently unfolding systemic...
Persistent link: https://www.econbiz.de/10012836438
allows contributing to recognizing the exogenous risk factors of corporate bankruptcy during the COVID-19 pandemic in EU … countries. This study aims at revealing how to evaluate the risk of corporate bankruptcy phenomenon in the COVID-19 times. The … indicates and examines the main external factors that would increase the risk of corporate bankruptcy in EU countries: namely …
Persistent link: https://www.econbiz.de/10012799152
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Before pandemic the world economy had a pre-crisis situation which was characterized by unprecedented imbalances in the global financial and economic system, the lack of growth in world GDP, which posed a real threat to the world economic order. Almost all global analysts predicted a global...
Persistent link: https://www.econbiz.de/10013221158