COVID-19 is the communicable disease caused by the most recently discovered Corona Virus.2019 to at present World maximum countries are expiring COVID-19 and wide spread of the virus with number of variants already carried off a considerable amount of lives. All the affected countries have been...

Tourism is one of the sectors most affected by the COVID-19 pandemic. Indeed the number of international tourist arrivals declined by 84 per cent between march and December 2020 compared with the previous year, according to data observed by UNWTO. Based on a range of tourist arrivals...

Most Sri Lankan organizations, especially in the fields of tourism, education and apparel, Industries, are currently facing major difficulties in terms of economy, owing to the prevailing COVID-19 situation. The virus situation which follows the Easter attack that occurred in 2019, has...

The ongoing COVID-19 pandemic in the world is deepening a profound impact and economic uncertainty. In essence, lockdown and social distancing measures are triggering losses in global production, supply, trades, investments, and employment. This article, to counteract the economic losses and...

We explore the economic impact of the pandemic and the importance of real and financial sector linkages in this context. We explicitly model the financial sector and trace its role in propagating the pandemic shocks. We find that the pandemic-induced adverse labour supply shock can have sizable...

We provide a comprehensive review of the literature on the economic impact of pandemics and identify the transmission channels at play. The primary channel comes from the supply side, as pandemics reduce both the quantity and the quality of labour. They can also lead to a destruc-tion of...

Using the U.S. Current Population Survey data, this paper compares the distributional impacts of the Pandemic Crisis and those of the Global Financial Crisis in terms of (i) worker characteristics, (ii) job characteristics-'social' (where individuals interact to consume goods), 'teleworkable'...

This paper uses the onset of COVID-19 to examine how countries construct their policy packages in response to a severe negative shock. We use several new datasets to track the use of a large variety of policy tools: announced fiscal stimulus (both above- and below-the-line), monetary policy...

The concept of settlement balances is simple in its definition but complex when attempting to understand how they interplay between a central bank and the financial system. Settlement balances can be defined as interest-bearing deposits that belong to participants of Canada's payment system and...

Using data from 5474 banks located in 23 OECD countries over the period 2019Q2-2022Q1, we study the influence of COVID-19 on bank profitability (before and during the COVID-19 vaccination period). Our results show a negative impact of the COVID-19 pandemic on bank profitability, especially at...