The authors use simulations within the BoC-GEM-FIN, the Bank of Canada's version of the Global Economy Model with financial frictions in both the demand and supply sides of the credit market, to investigate the macroeconomic implications of changing bank regulations on the Canadian economy....

Prudential instruments are commonly seen as the tools that can be used to deliver the macroprudential policy goals of reducing the frequency and severity of financial crises. And interest rates are traditionally viewed as the means to deliver the macroeconomic stabilization goals of low, stable...

Abstract India is at a crucial juncture in its fight against COVID-19 pandemic, which is inflicting unprecedented health, economic, and financial stability challenges. The first priority is, of course, to save lives. But the necessary containment measures to limit the spread of the virus are...

The growth of “market-based” lending is closely related to the growth of repurchase agreements and similar contracts that grant the lender the right to sell collateral on the market if a threshold level of over-collateralization is not maintained. This paper argues that this contractual...

‘COVID-19’ has taken the world by storm, challenging the norm of ‘normal’ in most aspects of life. The pandemic situation ‘halted’ almost all economic activities of Sri Lanka. This review study comprehensively examines the impacts of COVID-19 on GDP, employment, poverty, tourism,...

Many infectious diseases have been detected in the world so far. Many of them are still prevalent in the world we live in today. Yet most of it does not affect us in any way. But this epidemic that is occurring at this time when civilization, medicine and technology are well developed is...

COVID-19 is the ongoing menace to the all over the world, labelled as pandemic and worst economic shock in recent history. Sri Lanka is one of the most vulnerable middle-income countries suffer most during this novel virus outbreak. The economic impact of covid-19 can expect substantially both...

COVID-19 is a communicable disease caused by the most recently discovered Coronavirus. This new virus was unknown before the outbreak began in Wuhan. China in December 2019. All the affected countries have been looking for safety precaution while few countries are researching the specific...

The virus that caused a localized shock in China is now causing a widely spread panic throughout the world. Using a typical local analysis, this study evaluates the probable impact of COVID-19 on GDP, tourism, poverty, employment, household income, exchange rates, remittance Under-utilization of...

The global pandemic and how impact of COVID-19 on Sri Lanka Economy are key concept linked to the subject under discussion. COVID-19 is the ongoing menace to the all over the world, labelled as pandemic and worst economic shock in recent history. Sri Lanka is one of the most vulnerable middle-...