Monetary Policy and COVID-19 /

We study the macroeconomic effects of the COVID-19 epidemic in a quantitative dynamic general equilibrium setup with nominal rigidities. We evaluate various containment policies and show that they allow to dramatically reduce the welfare cost of the disease. Then we investigate the role that monetar...

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Bibliographic Details
Main Author: Brzoza-Brzezina, Michal
Other Authors: Kolasa, Marcin, Makarski, Krzysztof
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2021.
Series:IMF Working Papers; Working Paper ; No. 2021/274
Subjects:
Online Access:Full text available on IMF