COVID-19industrial productionBayesian PVAR modelOECD countriesE32E00Q54C33This paper explores the impact on the macroeconomy for certain OECD economies exposed to the COVID-19 pandemic shock. The analysis employs a panel of OECD countries, spanning the period March 2020 to January 2021. It also ...
As widely reported, the dramatic outbreak of COVID-19 caused disruption on a scale not seen in more than a century. Despite unprecedented state-backed support, the crisis has raised questions around the limitations of the state as the protector of busine
Section 3 analyzes how the COVID-19 shock affects firms’ sales levels, business operations, expected price changes, and wage changes. Sections 4 COVID-19’s impact on inflation expectations, 5 Long-run inflation expectations appear anchored for now focus on firms’ short-run and long-run ...
COVID-19Gig EconomyLabor SupplyGender InequalityUsing data from a large online education platform with more than 100,000 gig workers, we investigate the causal impact of the COVID-19 pandemic on gig economy lCao, XinyuZhang, DennisHuang, Lei...
In order to assess the impact of the global economic shock from the COVID-19 spread, we produce conditional forecasts of coal, natural gas and oil consumption, for the advanced and the emerging economies separately, conditional on GDP forecast trajectories (scenarios) over eight quarters. These ...
Therefore, the question is, what is the impact of the COVID-19 pandemic on the economy? What is the policy response to the new-normal situation, especially the monetary policy of the central banks of other countries, as well as in Vietnam? As we know, the objectives of the monetary ...
GDP growth rate of the world's seven largest economies 2021, by country Economy Projected GDP growth in China 2025 Recommended statistics Global economic impact Stock markets and COVID-19 Impact on major industries Impact on trade and world's largest economies Impact on Asia Impact on Europe Impa...
But from my experience in the supply chain industry, the COVID-19 pandemic is a disruption of extraordinary scale and magnitude. Every single company — whether original equipment manufacturers (OEMs), suppliers, distributors or service providers — has felt the coronavirus supply chain impact in ...
Small businesses are also uniquely vulnerable to the economic impact of the COVID-19 crisis. A McKinsey survey found that close to one-third of small businesses were operating at a loss or breaking even before the crisis.Small businesses in sectors which are most ...
Deaths from COVID-19 per million and number of cases per million is a factor 10 to a 100 higher in Western countries than in East Asian countries. Some structural factors such as age and co-morbidities can explain some of the difference. Nevertheless, a lot seems to come down on the ...