Senior Fellows/Fellows

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Senior Fellows/Fellows, Pandemic

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May 2020

The Inclusive Cost of Pandemic Influenza Risk

Victoria Y. FAN, Dean T. JAMISON, Lawrence H. SUMMERS
Estimates of the long-term annual cost of global warming lie in the range of 0.2-2% of global income. This high cost has generated widespread political concern and commitment as manifested in the Paris agreements of December, 2015. Analyses in this paper suggest that the expected annual cost of pand...
Keywords: COVID-19, Pandemic, Inclusive cost, risk
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Senior Fellows/Fellows

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Senior Fellows/Fellows, Pandemic

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May 2020

Stress tests for Banks as Liquidity Insurers in a Time of COVID

Viral V. ACHARYA
Stock prices have declined and credit market conditions have tightened in response to the COVID-19 pandemic. Firms typically respond to such outcomes by exercising their liquidity insurance and drawing down their credit lines. This column uses two ‘stress tests’ to demonstrate that the quantum o...
Keywords: COVID-19, Pandemic, Liquidity insurance, stock prices
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Senior Fellows/Fellows

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Senior Fellows/Fellows, Pandemic

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May 2020

Pandemic and Panic: Government as the Supplier of Last Resort

Chen LIN, Yi HUANG, Pengfei WANG, Zhiwei XU
Keywords: COVID-19, Pandemic, Governance
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Senior Fellows/Fellows

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Senior Fellows/Fellows, Pandemic

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May 2020

Will COVID-19 Set off the Next Global Financial Crisis?

Cyn-Young PARK
Keywords: COVID-19, Pandemic, financial crisis
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Senior Fellows/Fellows

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Senior Fellows/Fellows, Pandemic

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May 2020

Ten Keys in Beating Back Cov-19 and the Associated Economic Pandemic

Shang-Jin WEI
In a Project Syndicate column that I wrote on January 27, 2020, I predicted a turning point in the spread of the novel coronavirus in China by the second or third week of February and the end of the epidemic by early May. That projection is based on a combination of the experience in ending the SARS...
Keywords: COVID-19, Pandemic, Key points
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