Bericht
The effects of the corona shock on the banking sector and the real economy
This economic memo isolates two channels through which the "corona shock" affects the economy: a fall in asset prices and an increase in the dispersion of future shocks to the economy. Both shocks are contractionary, but they operate through different channels. A CCyB that is reactivated early reduces the impact of an asset price shock the most. In contrast, a CCyB that is reactivated late reduces the impact of a volatility shock the most.
- Language
-
Englisch
- Bibliographic citation
-
Series: Economic Memo ; No. 10
- Classification
-
Wirtschaft
- Subject
-
Coronavirus
Schock
Wirkungsanalyse
Bank
Finanzmarktaufsicht
- Event
-
Geistige Schöpfung
- (who)
-
Pöschl, Johannes
- Event
-
Veröffentlichung
- (who)
-
Danmarks Nationalbank
- (where)
-
Copenhagen
- (when)
-
2020
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Bericht
Associated
- Pöschl, Johannes
- Danmarks Nationalbank
Time of origin
- 2020