We analyse the likely effect of the coronavirus pandemic on the Leicester economy and make some recommendations for policy making at a local level. The coronavirus pandemic represents an unprecedented shock to the economy and is likely to have profound implications for Leicester. We estimate...

Regulators and managers in the banking sector prioritize the banking system's stability and safety to limit risks, shocks, and potential losses. This study reveals why a bank is more or less stable via bank capital, liquidity creation, and asset diversification. We form a structural model in...