This paper contributes to the policy discussion on Covid-19 by presenting real-time evidence on the magnitude of the shock for Italian firms. We take advantage of unique panel data on 7,800 companies between January 2020 {right before the pandemic{ and March of the same year {in the midst of...

This paper contributes to the policy discussion on Covid-19 by presenting real-time evidence on the magnitude of the shock for Italian firms. We take advantage of unique panel data on 7,800 companies between January 2020 {right before the pandemic{ and March of the same year {in the midst of...

This paper takes advantage of a newly-available survey to analyze the behavior of Global Value Chains (GVCs) in the aftermath of the Great Recession. The analysis exploits a rich availability of information to design a comprehensive taxonomy of GVC participation modes and explore their impact on...