해외동향 | Social Distancing and Supply Disruptions in a Pandemic | 한국금융연구원

[LHKOREA]

2020-04-21 일자 [제 20-30 호]

Social Distancing and Supply Disruptions in a Pandemic
FRB (2020-04-21)

Drastic public health measures such as social distancing or lockdowns can reduce the loss of human life by keeping the number of infected individuals from exceeding the capacity of the health care system but are often cr ..  more

COVID-19 pandemic: Financial stability implications and policy measures taken
FSB (2020-04-21)

This report sets out the financial stability implications of COVID-19 and policy measures taken to address them. The report was delivered to G20 Finance Ministers and Central Bank Governors ahead of their virtual meeting ..  more

Is Financial Globalization in Reverse After the 2008 Global Financial Crisis? Evidence from Corporate Valuations
NBER (2020-04-21)

For the last two decades, non-US firms have lower valuations than similar US firms. We study the evolution of this valuation gap to assess whether financial markets are less integrated after the 2008 global financial cri ..  more

제 목	발행기관
Building the car while driving it: Suggestions for reforming the Paycheck Protection Program	AEI
Coming soon: A wave of distressed loans	BAI
Interest Rate Uncertainty as a Policy Tool	Bank of Canada
Learning, Equilibrium Trend, Cycle, and Spread in Bond Yields	Bank of Canada
Multi-Product Pricing: Theory and Evidence from Large Retailers in Israel	Bank of Canada
How COVID-19 will change the nation's long-term economic trends, according to Brookings Metro scholars	Brookings
The constraints that bind (or don't): Integrating gender into economic constraints analyses	Brookings
"Revitalize or Stabilize": Does Community Development Financing Work?	FRB
Health Insurance and Hospital Supply: Evidence from 1950s Coal Country	FRB
Monetary Policy Uncertainty and Monetary Policy Surprises	FRB
Patent-Based News Shocks	FRB
Social Distancing and Supply Disruptions in a Pandemic	FRB
Tracking Labor Market Developments during the COVID-19 Pandemic: A Preliminary Assessment	FRB
Do Stay-at-Home Orders Cause People to Stay at Home? Effects of Stay-at-Home Orders on Consumer Behavior	FRB of Chicago
What Happened to the US Economy During the 1918 Influenza Pandemic? A View Through High-Frequency Data	FRB of Chicago
COVID-19: A View from the Labor Market	FRB of Dallas
Voluntary and Mandatory Social Distancing: Evidence on COVID-19 Exposure Rates from Chinese Provinces and Selected Countries	FRB of Dallas
Why is the Hong Kong Housing Market Unaffordable? Some Stylized Facts and Estimations	FRB of Dallas
Asset Pricing with Endogenously Uninsurable Tail Risk	FRB of Minneapolis
Inferring Inequality with Home Production	FRB of Minneapolis
Effects of Gentrification on Homeowners: Evidence from a Natural Experiment	FRB of Philadelphia
Important Factors Determining Fintech Loan Default: Evidence from the LendingClub Consumer Platform	FRB of Philadelphia
Responding to COVID-19: A Note	FRB of Philadelphia
Loan Delinquency Projections for COVID-19	FRB of Richmond
Capital Controls and Income Inequality	FRB of San Francisco
Learning about Regime Change	FRB of San Francisco
The Costs of Payment Uncertainty in Healthcare Markets	FRB of San Francisco
Are Government Bonds Net Wealth or a Liability? ---Optimal Debt and Taxes in an OLG Model with Uninsurable Income Risk	FRB of St. Louis
Pandemic of Inequality	Levy
Coronavirus response: Short- and long-term actions for P&C insurers	McKinsey
The future is not what it used to be: Thoughts on the shape of the next normal	McKinsey
Distributing Personal Income: Trends Over Time	NBER
Do People Have a Bias for Low-Deductible Insurance?	NBER
Economic Policy Incentives to Preserve Lives and Livelihoods	NBER
Estimating the COVID-19 Infection Rate: Anatomy of an Inference Problem	NBER
Is Financial Globalization in Reverse After the 2008 Global Financial Crisis? Evidence from Corporate Valuations	NBER
Policy Implications of Models of the Spread of Coronavirus: Perspectives and Opportunities for Economists	NBER
Risk Perception Through the Lens of Politics in the Time of the COVID-19 Pandemic	NBER
Spending Less After (Seemingly) Bad News	NBER
Future-Proofing Financial Supervision : How big data and AI are hailing a new future for finance	Oliver Wyman
How the G20 can hasten recovery from COVID-19	PIIE

제 목	발행기관
Exiting the lockdowns: a tale of four stories	Allianz
A Finance Approach to Climate Stress Testing	CEPR
A Model of Asset Price Spirals and Aggregate Demand Amplification of a "Covid-19" Shock	CEPR
Big G (Aggregate Government Spending)	CEPR
Global Behaviors and Perceptions in the COVID-19 Pandemic	CEPR
How Do Firms Respond to Demand Shocks? Evidence from the European Sovereign Debt Crisis	CEPR
On the Economic Impacts of Mortgage Credit Expansion Policies: Evidence from Help to Buy	CEPR
On the Optimal "Lockdown" During an Epidemic	CEPR
Optimal COVID-19 Quarantine and Testing Policies	CEPR
Trade Credit and the Transmission of Unconventional Monetary Policy	CEPR
Interbank risk assessment - A simulation approach	Deutsche Bundesbank
Banknote verification relies on vision, feel and a single second	DNB
How much liquidity would a liquidity-saving mechanism save if a liquidity-saving mechanism could save liquidity? A simulation approach for Canada's large-value payment system	DNB
Is there anybody out there? Detecting operational outages from LVTS transaction data	DNB
Shallow or deep? Detecting anomalous flows in the Canadian Automated Clearing and Settlement System using an autoencoder	DNB
Baldwin vs. Cecchini revisited: the growth impact of the European Single Market	ECB
Can government intervention make firms more investment-ready? A randomized experiment in the Western Balkans	ECB
Risk characteristics of covered bonds: monitoring beyond ratings	ECB

제 목	발행기관
Advancing the K-12 Reform from the Ground: A Case Study in the Philippines	ADB
Futures Thinking in Asia and the Pacific: Why Foresight Matters for Policy Makers	ADB
Global Shortage of Personal Protective Equipment amid COVID-19: Supply Chains, Bottlenecks, and Policy Implications	ADB
Barriers and Solutions to Economic Integration of Caspian Sea Countries	ADBI
Comparative Study on the Legal Framework on General Differentiated Integration Mechanisms in the European Union, APEC, and ASEAN	ADBI
Economic Integration in Central Asia Regional Economic Cooperation Member Countries: Financing Economic Corridors and Sovereign Bonds Market	ADBI
Transfer Pricing Regulation and Tax Competition	RIETI

제 목	발행기관
Covid-19 and operational resilience: addressing financial institutions' operational challenges in a pandemic	BIS
International bank lending and corporate debt structure	BIS
Macroeconomic effects of Covid-19: an early review	BIS
Payment aspects of financial inclusion in the fintech era	BIS
Reflections on regulatory responses to the Covid-19 pandemic	BIS
The recent distress in corporate bond markets: cues from ETFs	BIS
Volatility spillovers and capital buffers among the G-SIBs	BIS
A dynamic network model to measure exposure diversification in the Austrian interbank market	ESRB
COVID-19 pandemic: Financial stability implications and policy measures taken	FSB
Global Financial Stability Report: Chapter 1	IMF
World Economic Outlook, April 2020: Chapter 1	IMF
Tax and Fiscal Policy in Response to the Coronavirus Crisis	OECD
Financing Firms in Hibernation During the COVID-19 Pandemic	World Bank
Leader Value Added : Assessing the Growth Contribution of Individual National Leaders	World Bank
Price Controls : Good Intentions, Bad Outcomes	World Bank

제 목	발행기관
Apple and Google Have a Trustworthy Pandemic Solution	bloomberg
The Future of Monetary Policy Is Asian	bloomberg
Japan Scrambles to Give $926 to Everyone in Nationwide Emergency	bloomberg
Trump's Guidelines May Have Some States Reopening in a Month	bloomberg
Bitcoin Pioneer Bets on Decentralized Finance After Crash	bloomberg
Your Risk of Getting Sick From Covid-19 May Lie in Your Genes	bloomberg
How Repo Agreements Juiced Securitized-Debt Leverage	bloomberg
With Stocks Buybacks Halted, We'll See How Much They Matter	bloomberg
Fed Dials Back Frequency of Repo Actions After Market Stabilizes	bloomberg
Resources for Small Business Owners and the Self-Employed	bloomberg
Prisons worldwide risk becoming incubators of covid-19	economist
The pandemic is a calamity for many American retailers	economist
The case for emerging-market stocks	economist
Wall Street prepares for a wave of loan losses	economist
Is China winning	economist
The dollar's dominance masks China's rise in finance	economist
How deep will downturns in rich countries be	economist
Churches turn to the internet to reach their flocks	economist
The White House v covid-19	economist
How strongman leaders will exploit the coronavirus crisis	ft
Japan reveals $83bn cost of extra coronavirus spending	ft
Macron warns of EU unravelling unless it embraces financial solidarity	ft
The US is failing the test of the century	ft
Italian debt sinks after 'corona bond' plan falters	ft
Remote ID checks leave retail finance sector open to fraud	ft
HNA bond suspended as coronavirus rattles Chinese conglomerate	ft
US confident of 'fundamental shift' in oil politics	ft
China's venture capital funding rallies after coronavirus lockdown	ft
US junk borrowers tap bond market after Fed package	ft
The Coronavirus Hits the Global South	wsj
The Critical Variable in Keeping Coronavirus in Check	wsj
The Fed and Main Street	wsj
Trump's Name Will Appear on Stimulus Paper Checks	wsj
Coronavirus Closures Froze Swaths of U.S. Economy in March	wsj
Lack of Savings Worsens the Pain of Coronavirus Downturn	wsj
Coronavirus Fight Is Creating Mountains of Global Debt	wsj
Coronavirus-Afflicted Global Economy Is Almost Certainly in Recession	wsj
China Still Misleads the World on the Coronavirus	wsj
Coronavirus Pandemic Fuels Rapid Increase in Missed Mortgage Payments	wsj