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What are the effects of a temporary lockdown of the economy? Do firms' deteriorating balance sheets and labor market … subsidies to firms during the lockdown. However, the effects are heterogeneous and young non-essential firms are …
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The coronavirus crisis that started in December 2019 was declared a pandemic by March 2020 and had devastating global … of the lockdown measures. However, the massive fiscal and monetary stimulus packages to counteract the effects of the …
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may be understated if the impact of the coronavirus recession is neglected. …
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