해외동향 | The coronavirus shock: a story of another global crisis foretold | 한국금융연구원

[LHKOREA]

2020-03-17 일자 [제 20-20 호]

The coronavirus shock: a story of another global crisis foretold - what policymakers should be doing about it
UNCTAD (2020-03-17)

A year of living dangerously The coronavirus crisis is first and foremost a public health threat, but it is also, and increasingly, an economic threat. The so-called “Covid-19” shock will trigger a recession in some cou ..  more

Responding to COVID-19: Six Things Banks Should Do To Minimize Impact To The Economy
Oliver Wyman (2020-03-17)

As the number of cases of the Coronavirus (COVID-19) increases, the focus of companies must be on limiting the direct impact on employees and customers while also supporting efforts to limit the spread of the virus. The ..  more

Real-Time Weakness of the Global Economy: A First Assessment of the Coronavirus Crisis
CEPR (2020-03-17)

We propose an empirical framework to measure the degree of weakness of the global economy in real-time. It relies on nonlinear factor models designed to infer recessionary episodes of heterogeneous deepness, and fitted t ..  more

제 목	발행기관
Policies affecting the number of physicians in the US and a framework for reform	AEI
"Driverless banking" is the future of financial services	BAI
Gen Z is already charting its own financial services path	BAI
A CEO Plan for Coronavirus: Actions to Take Now	Bain & Company
A Portfolio-Balance Model of Inflation and Yield Curve Determination	Bank of Canada
Identifying Consumer-Welfare Changes when Online Search Platforms Change Their List of Search Results	Bank of Canada
A comparison of deflators for telecommunications services output	Brookings
A dozen facts about the economics of the US health-care system	Brookings
Middle class marriage is declining, and likely deepening inequality	Brookings
Effects of State-Owned Banks' Programs to Stimulate Credit: evidence from Brazil	Central Bank of Brazil
Oily Disaster	CFE at Johns Hopkins
API Deployments in Inclusive Finance	CFI
Mystery Math: The U.S.-China Phase-1 Purchase Figures Do Not Add Up	CSIS
The heart of resilient leadership: Responding to COVID-19	Deloitte
Punishment and Crime: The Impact of Felony Conviction on Criminal Activity Punishment and Crime: The Impact of Felony Conviction on Criminal Activity	FRB of Boston
Bargaining Shocks and Aggregate Fluctuations	FRB of Philadelphia
FRED-QD: A Quarterly Database for Macroeconomic Research	FRB of St. Louis
The Mobile Economy 2020	GSMA Intelligence
Sound Policy Responses to the Economic Consequences of the Coronavirus	Heritage
Strict Bank-Like Capital Rules Needed for Fannie Mae and Freddie Mac	Heritage
Ecosystems and platforms: How insurers can turn vision into reality	McKinsey
Capital Flow Waves--or Ripples? Extreme Capital Flow Movements Since the Crisis	NBER
Contagion of Fear	NBER
Heterogeneous Globalization: Offshoring and Reorganization	NBER
Perceived Precautionary Savings Motives: Evidence from FinTech	NBER
Popular Economic Narratives Advancing the Longest U.S. Economic Expansion 2009-2019	NBER
Redrawing the Map of Global Capital Flows: The Role of Cross-Border Financing and Tax Havens	NBER
Unpacking Household Engel Curves	NBER
Partnering To Build The Next Digital Bank	Oliver Wyman
Responding to COVID-19: Six Things Banks Should Do To Minimize Impact To The Economy	Oliver Wyman
What US strategy gets wrong about China in Africa	PIIE
COVID 19: Confidently navigate through the coronavirus crisis	PwC

제 목	발행기관
COVID-19: A timid "whatever it takes" from policy makers across Europe	Allianz
COVID-19: After a lost quarter, 75% of China is back	Allianz
Central Bank Digital Currency Opportunities, challenges and design	Bank of England
Open data for SME finance: what we proposed and what we have learnt	Bank of England
Financing nascent industry : Leverage, politics, and performance in Imperial Russia	Bank of Finland
Foreign direct investment and the equity home bias puzzle	Bank of Spain
An effective economic response to the Coronavirus in Europe	Bruegel
Growth-and-Risk Trade-off	CEPR
Harry Johnson's "Case for Flexible Exchange Rates" - 50 Years Later	CEPR
Real-Time Weakness of the Global Economy: A First Assessment of the Coronavirus Crisis	CEPR
Robots, Tasks, and Trade	CEPR
IoT 4 SDGs : What can the Digital Transformation and IoT achieve for Agenda 2030?	CEPS
Macro-financial interactions in a changing world	Danmarks Nationalbank
Implications of negative interest rates for the net interest margin and lending of euro area banks	Deutsche Bundesbank
Leaping into the dark: A theory of policy gambles	Deutsche Bundesbank
Partial pooling with cross-country priors: An application to house price shocks	Deutsche Bundesbank
Recession probabilities falling from the STARs	Deutsche Bundesbank
The market impact of systemic risk capital surcharges	Deutsche Bundesbank
A complex European financial architecture - 10 years on	ECMI
Better the lender you know? Limited attention and lender familiarity in UK mortgage choices	FCA
When discounted rates end: the cost of taking action in the mortgage market	FCA
Drivers of consumer prices and exchange rates in small open economies	Sveriges Riksbank
Feverish Stock Price Reactions to COVID-19	Swiss Finance Institute
How Integrated Are Corporate Bond and Stock Markets?	Swiss Finance Institute
Insights on handling coronavirus from an earlier report on business and outbreaks	WEF
Climate Policies under Dynamic International Economic Cycles: A Heterogeneous Countries DSGE Model	ZEW

제 목	발행기관
Taking Education to the Next Level: What Can Be Learned from Benchmarking Education across Economies?	ADB
Analyzing the Factors Influencing the Demand and Supply of Solar Modules in Japan	ADBI
Digital Economy for ASEAN Economic Integration	ADBI
Do Women Benefit from FDI? FDI and Labor Market Outcomes in Cambodia	ADBI
Economic Burden of Neurological Disorders in an Aging Society (Japan): A Panel Data Analysis	ADBI
Energy Insecurity and Renewable Energy Policy: Comparison between the People's Republic of China and Japan	ADBI
Measuring the Effect of Environmental, Social, and Governance on Sovereign Funding Costs	ADBI
Persistent Current Account Imbalances: Are they Good or Bad for Regional and Global Growth?	ADBI
Regional Institutions in Europe and Southeast Asia: Lessons for Economic Integration in South Asia	ADBI
Returns to Education of Manufacturing Workers: Evidence from the People's Republic of China Employer-Employee Survey	ADBI
The Energy-Pollution-Health Nexus: A Panel Data Analysis of Low- and Middle-Income Asian Nations	ADBI
Time-Varying Interactions between Geopolitical Risks and Renewable Energy Consumption	ADBI
Welfare Implications of Bank Capital Requirements under Dynamic Default Decisions	BOJ
암호 하드웨어 연구개발 동향 : 물리적 복제 방지(PUF) (In Japanese)	BOJ
증권업계의 기대를 모으는 새로운 자금조달수단 STO에 관하여 (In Japanese)	IIMA
2019~2021년도 국내외 경제 전망 - 신형 코로나바이러스 감염 확대로 세계경제는 급감속 (In Japanese)	Mizuho Research Institute

제 목	발행기관
Trends and Developments in Provisions and Outcomes of RTA/FTAs Implemented in 2018 by APEC Economies	APEC
Asia-Pacific Small Island Developing States: Development challenges and policy solutions	ESCAP
Nepal's graduation from LDC: Potential implications and issues for consideration	ESCAP
Do FDI Firms Employ More Workers than Domestic Firms for Each Dollar of Assets?	IMF
r minus g negative: Can We Sleep More Soundly?	IMF
Riding the Yield Curve: Risk Taking Behavior in a Low Interest Rate Environment	IMF
Systemic Risk Modeling: How Theory Can Meet Statistics	IMF
Unlocking Access to Finance for SMEs: A Cross-Country Analysis	IMF
How's Life? 2020	OECD
Policies, regulatory framework and enforcement for air quality management: The case of Japan	OECD
The coronavirus shock: a story of another global crisis foretold - what policymakers should be doing about it	UNCTAD
Can This Time Be Different ? Policy Options in Times of Rising Debt	World Bank
Electricity Access and Structural Transformation : Evidence from Brazil's Electrification	World Bank
Fragility and Conflict : On the Front Lines of the Fight against Poverty	World Bank
Prospects, Risks, and Vulnerabilities in Emerging and Developing Economies : Lessons from the Past Decade	World Bank
Structural Reforms to Set the Growth Ambition	World Bank
Subdued Potential Growth : Sources and Remedies	World Bank

제 목	발행기관
Congress Weighs How to Pump Cash, Confidence to Virus-Weary U.S.	bloomberg
Coronavirus Inflicts More Pain on Battered South African Economy	bloomberg
Banks Urgently Pitch Investors on Lending to Desperate Companies	bloomberg
Coronavirus Lessons for the World from Ground Zero of Asia	bloomberg
Australia's Record-Breaking Rally Stuns Traders, Lifts Markets	bloomberg
Lagarde Unveils ECB Surgical Aid for Economy to Fight Crisis	bloomberg
BOE Cuts Rates in First Emergency Move Since Financial Crisis	bloomberg
Italy Set to Double Stimulus as EU Bends Rules For Virus	bloomberg
Australian Economy Headed for Recession	bloomberg
Trump Is a No-Show After Promising Briefing on Economic Plan	bloomberg
Entering a bear market	economist
Throughout history, pandemics have had profound economic effects	economist
Corporate bonds and loans are at the centre of a new financial scare	economist
The challenge of addressing covid-19's economic effects in Europe	economist
Throughout history, pandemics have had profound economic effects	economist
How market panic can feed back to the world economy	economist
New trade barriers could hamper the supply of masks and medicines	economist
A constitutional ploy may keep Vladimir Putin in power until 2036	economist
Italy is locked down to slow the spread of coronavirus	economist
A novel pandemic security is no match for a novel virus	economist
Electronic platforms are challenging bond broker-dealers	economist
Christine Lagarde apologises for botched communication of ECB strategy	ft
How coronavirus became a corporate credit run	ft
Banks scramble as companies rush to tap back-up credit lines	ft
Will the coronavirus trigger a corporate debt crisis	ft
Coronavirus declared a pandemic as fears of economic crisis mount	ft
UK industry leaders praise tax cuts and investment	ft
Biden versus Trump in the age of contagion	ft
Stock drop raises pressure on Bank of Japan buying spree	ft
Coronavirus risks the return of currency wars	ft
Tech retraining employed to narrow Stem gender gap	ft
Bank of Japan Rolls Out Measures to Blunt Coronavirus Impact	wsj
Fed Encourages Banks to Keep Lending	wsj
ECB Expands Stimulus Measures, but Doesn't Cut Rates	wsj
Economists See Rising Risks Of Recession Worldwide	wsj
Coronavirus to Trigger U.S. Economic Contraction in Second Quarter	wsj
U.K. Sends a Jolt of Economic Stimulus to Cushion Against the Coronavirus	wsj
Coronavirus Confronts Global Economy With Tough Recovery	wsj
Fed's Crisis-Era Playbook Could Guide Response	wsj
Coronavirus Epidemic Exacerbates Metals Glut	wsj
Trump Struggles to Balance Mitigating Epidemic, Protecting Economy	wsj