Spotlight on the Corona Crisis
At the beginning of 2020, a novel coronavirus was identified in China. On March 11, the World Health Organization declared COVID-19 a pandemic. Here we collect our researchers and affiliated research fellows latest thoughts on the global crisis and potential effects.
Corporate debt burdens threaten economic recovery after COVID-19: Planning for debt restructuring should start now
Corporate debt burdens threaten economic recovery after COVID-19: Planning for debt restructuring should start now argues Bo Becker and co-authors Ulrich Hege and Pierre Mella-Barral in VOX. Failure...
Access to Liquidity in a Financial Crisis
The Swedish government presented a support package to Swedish companies worth up to 300 billion Swedish Krona (SEK) in order to mitigate the adverse economic effects of the Corona crisis.
Speed is of the essence
No one stands in front of a house that’s going up in flames and says, “Hey I’ve got an idea: This would be a good time to add more fire hydrants along this street.”
The Time To Act Is Now
A few days ago I posted an article in which I argued that even modest disruptions caused by self-isolation could have large-scale economic consequences. The disease transmission mechanism in that...
"The only thing we have to fear is fear itself"
This quote - taken from Franklin D. Roosevelt’s famous 1933 inauguration speech – is at least as relevant today as it was 90 years ago. In the 1930’s, it was essential to fight depression and to...
How staying home for a few weeks can start a recession
As the US begins to take increasingly drastic steps to combat the spread of coronavirus, it’s important to be prepared for the economic consequences of these measures.