The global effects of Covid-19-induced uncertainty? #MMPMID32834236
Caggiano G; Castelnuovo E; Kima R
Econ Lett 2020[Sep]; 194 (ä): 109392 PMID32834236show ga
We estimate a VAR with world-level variables to simulate the effects of the Covid-19 outbreak-related uncertainty shock. We find a peak (cumulative over one year) negative response of world output of 1.6% (14%).