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pandemic were a negative supply shock, and the residual structural factors were a positive demand shock. The resulting excess …-19 pandemic on international trade by combining information from customs records, smartphone-based human mobility, and … import demand contributed to the rise in domestic inflation. …
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We analyze the evolution and drivers of inflation during the pandemic and the likely trajectory of inflation in the … 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 …
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This study analyzes the impact of the COVID-19 pandemic on exchange rates based on a comprehensive set of survey … forecasts for more than 50 currency pairs. At the first stage, we assess whether the policy to manage the COVID-19 pandemic … analysis and identify the occurrences of abnormal returns on foreign exchange markets since the start of the COVID-19 pandemic …
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