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inflation-adjusted U.S. GDP by 0.2% is too large - the impact on economic activity should be closer to zero, and may even be …
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This paper examines the effects of the COVID-19 pandemic on stock returns, CDS and economic activity in the US and the … findings can be summarised as follows. The linear VAR responses of electricity consumption (a proxy for real economic activity … activity in all countries in the early stages of the pandemic (especially in Italy), and a positive one on CDS at the same time …
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