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Keynesian Production Networks and the Covid-19 Crisis: A Simple Benchmark

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NBER2021-01-01 更新2025-01-04 收录
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The Covid-19 crisis is an unusual and seemingly all-encompassing economic shock. On the one hand, it was unquestionably a negative demand shock that, for fixed prices and incomes, reduced household spending. On the other hand, it was also unquestionably a negative supply shock that reduced firms'

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2021-01-01
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