near-term using an event study of inflation around global recessions and a factor-augmented vector auto-regression (FAVAR …) model. We report three main results. First, the decline in global inflation during the 2020 global recession was the most … muted and shortest-lived of any of the five global recessions over the past 50 years and the increase in inflation since May …

cushioned economic shocks during the COVID-19 pandemic and the global financial crisis (GFC). Findings suggest that the impacts …

, in particular, the importance of countries' interconnections to understand the spread of the virus. I estimate a Global … explain not only the spread of the disease, but also cross-country spillovers in perceptions about coronavirus risk and in … social distancing behavior. In the early phases of the pandemic, perceptions of coronavirus risk in most countries are …

global shocks. Results are varied, depending on choice of commodity and magnitude and type of response. No clear conclusions …