the economic shock and predict layoffs and unemployment in the second quarter of 2020. The analysis allows for the …

After a period of rapid economic growth associated with high commodity prices, the region had entered a phase of … lackluster performance. Recent developments, including a new oil price shock, and the outbreak of the Covid-19 epidemic will push … shock. The response needs to consider how to socialize the losses, how to prevent a collapse of the financial sector, how to …

We measure the impact of frequent exogeneous shocks on small ECCU economies, including changes to global economic … Covid-19 related shocks lead to substantial contractions in output in all ECCU countries and deterioration of the current …

temporary, country-specific shock required by the theory, allowing for the intertemporal current account response to be … estimated without recourse to a VAR shock decomposition. Using data on the economic damages attributable to a hurricane, I … estimate the economy's response to a hurricane-induced capital shock within a fixed effects panel model. The current account …

quarter of 2020 and the rebound in growth expected at the same time. The Covid shock loads significantly on wedges that … 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 associated with the model's usual shocks. Realizations of the Covid …