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

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Object type

  • Bericht

Associated

  • Pöschl, Johannes
  • Danmarks Nationalbank

Time of origin

  • 2020

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