Joshua Aizenman,Yothin Jinjarak,Mark M Spiegel
Joshua Aizenman
We investigate the implications of government indebtedness for the efficacy of expansionary government spending in encouraging commercial bank lending growth during the COVID-19 pandemic. Our sample is a large cross-section of over 3000 ban...
Taiyo Fukai,Masato Ikeda,Daiji Kawaguchi et al.
Taiyo Fukai et al.
This paper examines how the COVID-19 pandemic affected female employment in Japan. Our estimates indicate that the employment rate of married women with children decreased by 3.5 percentage points, while that of those without children decre...
Joseph E Gagnon,Steven B Kamin,John Kearns
Joseph E Gagnon
This paper describes one of the first attempts to gauge the effect of the COVID-19 pandemic on the global trajectory of real GDP over the course of 2020 and 2021. It is also among the first efforts to distinguish between the role of domesti...
Cross-country evidence on the allocation of COVID-19 government subsidies and consequences for productivity [0.03%]
关于COVID-19政府补贴分配的国别证据及其对生产力的影响
Tommaso Bighelli,Tibor Lalinsky,Juuso Vanhala
Tommaso Bighelli
We study the consequences of the Covid-19 pandemic and related policy support on productivity. We employ an extensive micro-distributed exercise to access otherwise unavailable individual data on firm performance and government subsidies. O...
How the new fed municipal bond facility capped municipal-treasury yield spreads in the Covid-19 recession [0.03%]
新的美联储市政债券设施如何在Covid-19经济衰退中限制了市政债券和国债的收益率差
Michael D Bordo,John V Duca
Michael D Bordo
For over two centuries, the municipal (muni) bond market has been a source of systemic risk, which returned early in the Covid-19 downturn when borrowing from securities markets became costly for many private and public entities, and some f...
Epidemic and Economic Consequences of Voluntary and Request-based Lockdowns in Japan [0.03%]
日本自愿和要求为基础的封锁带来的流行病学及经济后果
Kaoru Hosono
Kaoru Hosono
I examine the epidemiological and economic effects of two types of lockdowns during the COVID-19 pandemic in Japan: a voluntary lockdown by which people voluntarily stayed at home in response to the risk of infection, and a request-based lo...
Small business under the COVID-19 crisis: Expected short- and medium-run effects of anti-contagion and economic policies [0.03%]
COVID-19危机中的中小企业：防扩散和经济政策的短期与中期影响预测
Kohei Kawaguchi,Naomi Kodama,Mari Tanaka
Kohei Kawaguchi
This study makes a causal inference on the effects of anti-contagion and economic policies on small business by conducting a survey on Japanese small business managers' expectations about the pandemic, policies, and firm performance. We fir...
The impact of COVID-19 on international trade: Evidence from the first shock [0.03%]
COVID-19对国际贸易的影响：来自第一冲击的证据
Kazunobu Hayakawa,Hiroshi Mukunoki
Kazunobu Hayakawa
This study investigates how the effects of COVID-19 on international trade changed over time. To do that, we explore monthly data on worldwide trade from January to August in 2019 and 2020. Specifically, our study data include the exports o...
Quantifying the impact of the Tokyo Olympics on COVID-19 cases using synthetic control methods [0.03%]
利用合成控制法量化东京奥运会对新冠肺炎确诊病例的影响
Taro Esaka,Takao Fujii
Taro Esaka
This paper uses a synthetic control method (SCM) and a Ridge Augmented SCM to estimate the impact of holding the Tokyo Olympic games on the number of newly confirmed COVID-19 cases in Tokyo (Japan). Our analysis with these methods enables u...
The financial health of "swing hospitals" during the first COVID-19 outbreak [0.03%]
美国新冠疫情第一波中的“摇摆医院”的财务状况分析
Reo Takaku,Izumi Yokoyama
Reo Takaku
The hospitals in Japan have hitherto had complete autonomy in deciding whether to admit COVID-19 patients. In fact, they were "swinging" between admitting or not COVID-19 patients, especially during the initial COVID-19 outbreak. To address...