Purpose: This study aims to examine the effect of the COVID-19 pandemic in comparison to the global financial crisis (GFC) on the gross domestic product (GDP) growth rate of China.Design/methodology/approach: Empirical analyses are conducted through alternative methods such as ordinary least...

We propose an event-study research design to identify the nature and propagation of large unusual shocks in DSGE models and apply it to study the macroeconomic effects of the Covid shock. The initial outbreak is represented as the onset of a new shock process where the shock loads on wedges...

The outbreak of COVID-19 pandemic presents an unprecedented and synchronized disruption of the economies of the West African Monetary Zone (WAMZ). This study uses the Conditional Fan Chart based on Vector Error Correction Model (VECM) to forecast the effects of the pandemic on three key...