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affected by pandemic shocks originating in Italy. Later, the U.S., Spain, and the U.K. play sizable roles. Social distancing …
Persistent link: https://www.econbiz.de/10012824578
Pandemics are a recurring feature of human history. The COVID-19 virus has several features that mean it poses a particularly severe challenge. It threatens to cause a collapse of hospital systems through a high number of serious cases arising in a short period of time, and this, rather than...
Persistent link: https://www.econbiz.de/10013225350
affected by pandemic shocks originating in Italy. Later, the U.S., Spain, and the U.K. play sizable roles. Social distancing …
Persistent link: https://www.econbiz.de/10012263745
Originating in China, the Coronavirus has reached the world at different speeds and levels of strength. This paper provides some initial understanding of some driving factors and their consequences. Since transmission requires people, the human factor behind globalization is essential....
Persistent link: https://www.econbiz.de/10012208583
affected by pandemic shocks originating in Italy. Later, the U.S., Spain, and the U.K. play sizable roles. Social distancing …
Persistent link: https://www.econbiz.de/10012262142
During the COVID-19 pandemic, there was an impression of the beginning of deglobalization, although in reality it was pseudo deglobalization. It manifested itself in the turbulence of globalization processes. Russia's war in Ukraine and Western economic sanctions against Russia have created a...
Persistent link: https://www.econbiz.de/10014083367
In recent years, several proposals have emerged from the policy and academic spheres to address climate and energy-related public investment needs in the European Union (EU) with an EU-level instrument. This paper provides an analytical contribution to the discussion by examining the rationale...
Persistent link: https://www.econbiz.de/10014248720
This paper analyses the effects of the COVID-19 pandemic shock on small open economies in a monetary union with an application to the euro area. Accounting for a high degree of openness and a strong dependence on intra and extra union trade, we focus on the size and the direction of...
Persistent link: https://www.econbiz.de/10013323904
The concerns of macroeconomic policymakers regarding the management of the COVID-19 crisis are reflected by the major, unbending, and brisk interventions they have had, including monetary authorities. The present paper aims at identifying central banks' contributions in managing the pandemic...
Persistent link: https://www.econbiz.de/10014327794
We analyse the COVID-19 pandemic shock on small open economies (SOEs) in the euro area in a unified modelling framework: the Euro Area and the Global Economy model. We find strong negative international spillovers affecting each of the modelled SOEs, stemming not only from the rest of the euro...
Persistent link: https://www.econbiz.de/10014353459