Effects from Pandemic and Stagnation

Seppo Honkapohja; Kaushik Mitra

doi:10.1007/978-981-16-8472-2_8

Effects from Pandemic and Stagnation

Seppo Honkapohja, Kaushik Mitra^*

^*Tämän työn vastaava kirjoittaja

Taloustieteen laitos

University of Birmingham

Tutkimustuotos: Artikkeli kirjassa/konferenssijulkaisussa › Chapter › Scientific › vertaisarvioitu

Abstrakti

We discuss the impact of shocks from a sudden pandemic in a recessionary economy. The framework is one of imperfect knowledge with a standard New Keynesian model. Global aspects of dynamics with possible interest-rate lower bound are discussed.

Alkuperäiskieli	Englanti
Otsikko	The Impact of COVID-19 on India and the Global Order
Alaotsikko	A Multidisciplinary Approach
Kustantaja	Springer
Sivut	171-188
Sivumäärä	18
ISBN (elektroninen)	978-981-16-8472-2
ISBN (painettu)	978-981-16-8471-5
DOI - pysyväislinkit	https://doi.org/10.1007/978-981-16-8472-2_8
Tila	Julkaistu - 2022
OKM-julkaisutyyppi	A3 Kirjan tai muun kokoomateoksen osa

Pääsy asiakirjaan

10.1007/978-981-16-8472-2_8

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title = "Effects from Pandemic and Stagnation",

abstract = "We discuss the impact of shocks from a sudden pandemic in a recessionary economy. The framework is one of imperfect knowledge with a standard New Keynesian model. Global aspects of dynamics with possible interest-rate lower bound are discussed.",

keywords = "Adaptive learning, Expectations, New Keynesian model, Productivity shocks, Stagnation",

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AU - Honkapohja, Seppo

AU - Mitra, Kaushik

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PY - 2022

Y1 - 2022

N2 - We discuss the impact of shocks from a sudden pandemic in a recessionary economy. The framework is one of imperfect knowledge with a standard New Keynesian model. Global aspects of dynamics with possible interest-rate lower bound are discussed.

AB - We discuss the impact of shocks from a sudden pandemic in a recessionary economy. The framework is one of imperfect knowledge with a standard New Keynesian model. Global aspects of dynamics with possible interest-rate lower bound are discussed.

KW - Adaptive learning

KW - Expectations

KW - New Keynesian model

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KW - Stagnation

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BT - The Impact of COVID-19 on India and the Global Order

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Effects from Pandemic and Stagnation

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