estimate the size of the COVID-19-related unemployment shock to be between 2 and 5 times larger than the typical unemployment … shock, depending on race and gender, resulting in a significant increase in mortality rates and drop in life expectancy. We … also predict that the shock will disproportionately affect African-Americans and women, over a short horizon, while the …

We present a weekly structural Vector Autoregressive (VAR) model of the US crude oil market. Exploiting weekly data we … structural shock that we label expectational shock. This shock plays a crucial role when describing the series of events that …

within a panel VAR framework for OECD countries. We also employ a plethora of non-pharmaceutical and pharmaceutical … interventions as shocks. In terms of methodology, we opt for a global panel VAR (GVAR) methodology that nests underlying country …

, meaning that such a large, unexpected, and non-financial shock has allegedly caused the real economy to dominate macroeconomic …

The contribution of this paper is twofold. First, we introduce a daily vector autoregression (VAR) model for the US … positive impact on uncertainty levels that is, in particular, weaker than the impact of the real business cycle shock. Taking a … policy uncertainty decreases after a lockdown shock. …