COVID-Economics Links (April 24)

Blogs, Opinions and Academic papers

• A Post-Coronavirus Recovery in Asia—Extending a “Whatever it Takes” Lifeline to Small Businesses - IMF Blogs
• The pandemic adds momentum to the deglobalization trend - Douglas A. Irwin (PIIE)
• The coronavirus stimulus package: Quantifying the transfer multiplier - Christian Bayer, Benjamin Born, Ralph Luetticke, Gernot Müller (VoxEU.org)
• National policies in a global pandemic- Thorsten Beck, Wolf Wagner (VoxEU.org)
• Hibernation: Keeping firms afloat during the COVID-19 crisis - Tatiana Didier, Federico Huneeus, Mauricio Larrain, Sergio Schmukler (VoxEU.org)
• Covid Economics: Vetted and Real-Time Papers (Issue 8) - CEPR
• How Will COVID-19 Affect the Spending of Financially Distressed Households?- Juan Sánchez (St. Louis Fed)
• Coronavirus: Testing and Freezing - A Survival Strategy for the Swiss Economy - Carlos Alós-Ferrer et al (Univ of Zurich Econ Dept)
• Improving funding conditions for the real economy during the COVID-19 crisis: the ECB’s collateral easing measures - Luis de Guindos and Isabel Schnabel (ECB)
• COVID-19 through a migration lens: policy responses should be inclusive of migrants - Dilip Ratha (World Bank)
• COVID-19 will hit the poor hardest. Here’s what we can do about it - Carolina Sánchez-Páramo (World Bank)
• A call for a new generation of COVID-19 models - Alex Engler (Brookings)
• COVID-19 is causing the collapse of oil markets: when will they recover? - Simone Tagliapietra (Bruegel)
• Here are the innovations we need to reopen the economy - Bill Gates (Washington Post)
• COVID-19 and the Thucydides Trap - Yu Yongding and Kevin P. Gallagher (PS)

News

• Global Economy Hit by Record Collapse of Business Activity - WSJ
• Just how bad is the economy? - Washington Post
• Eurozone bank stress starts to show in funding markets - FT
• The pandemic will leave the rich world deep in debt, and force some hard choices - The Economist
• How to think about moral hazard during a pandemic - The Economist
• Why the euro is more durable than it looks - The Economist
• Switzerland’s central bank suffers record loss in market rout - FT
• House approves $484bn in extra US coronavirus relief funds - FT