The goal of this piece is to survey the developing and rapidly growing literature on the
economic consequences of COVID‐19 and the governmental responses, and to synthetize …

The world is currently in the throes of the COVID-19 pandemic which has halted the tourism
sector and created an unprecedented global economic crisis. This paper will outline …

We estimate the impact of the COVID-19 crisis on business failures among small and
medium size enterprises (SMEs) in seventeen countries using a large representative firm …

This paper provides a comprehensive assessment of financial intermediation and the
economic effects of the Paycheck Protection Program (PPP), a large and novel small …

Abstract The coronavirus (COVID-19) pandemic halted economic activity worldwide, hurting
firms and pushing many of them toward bankruptcy. This paper discusses four central issues …

We provide a quantitative analysis of the trade-offs between health outcomes and the
distribution of economic outcomes associated with alternative policy responses to the …

I study the effects of the 2020 coronavirus outbreak in the United States and subsequent
fiscal policy response in a nonlinear DSGE model. The pandemic is a shock to the utility of …

Relying on a novel dataset covering more than 120,000 firms in 60 countries, this paper
contributes to the debate about policies to support businesses through the COVID-19 …

We follow a representative panel of US borrowers to study the suspension of household
debt payments (debt forbearance) during the COVID-19 pandemic. Between March and …

We discuss and review literature on the macroeconomic effects of epidemics and pandemics
since the late twentieth century. First, we cover the role of health in driving economic growth …