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The Economic Ripple Effects of COVID-19

What are the effects of a large temporary shock to the economy such as a temporary lockdown in response to a pandemic? Are the effects propagated and made persistent by firms’ deteriorating balance sheets and labor market frictions? This paper deve...

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Bibliographic Details
Main Authors: Buera, Francisco J., Fattal Jaef, Roberto N., Neumeyer, P. Andres, Hopenhayn, Hugo, Shin, Yongseok
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
CORONAVIRUS
COVID-19
LOCKDOWN
ECONOMIC SHOCK
LABOR MARKET
EMPLOYMENT
FIRM DYNAMICS
EMPLOYMENT SUBSIDY
RESOURCE REALLOCATION
Online Access:http://documents.worldbank.org/curated/en/969291618422677105/The-Economic-Ripple-Effects-of-COVID-19
http://hdl.handle.net/10986/35453

Internet

http://documents.worldbank.org/curated/en/969291618422677105/The-Economic-Ripple-Effects-of-COVID-19
http://hdl.handle.net/10986/35453

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