Macroeconomic Implications of COVID-19: Can Negative Supply Shocks Cause Demand Shortages?
收藏NBER2020-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w26918
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资源简介：
We present a theory of Keynesian supply shocks: supply shocks that trigger changes in aggregate demand larger than the shocks themselves. We argue that the economic shocks associated to the COVID-19 epidemicshutdowns, layoffs, and firm exitsmay have this feature. In one-sector economies supply
提供机构：
美国国家经济研究局
创建时间：
2020-04-01
