COVID-19 Blog Posts
Documents from 2020
Asian Development Bank Increases Funds for Producers of Critical Medical Supplies, Aidan Lawson
Bank of Canada Establishes Series of Programs to Promote Market Liquidity, Aidan Lawson
ECB Announces New Eurosystem Repo Facility to Provide Euro Liquidity, Aidan Lawson
ECB Unveils Pandemic Emergency Purchase Programme, Aidan Lawson
EU Programs in Support of Member Countries, Aidan Lawson
European Council finalizes Multiannual Financial Framework and Additional COVID-19 Response Measures, Aidan Lawson
Fed Reintroduces Term Asset-backed Securities Loan Facility, Aidan Lawson
Implications of the German Constitutional Court’s Objection to the ECB’s Public Sector Purchase Program, Aidan Lawson
President Trump Takes Executive Action as Further Stimulus Bill Talks Stall, Aidan Lawson
UK Introduces Covid Corporate Financing Facility, Aidan Lawson
Update on the progress of the World Bank’s COVID-19 response efforts, Aidan Lawson
Federal Reserve Announces $2.3 trillion Lending Package, Aidan Lawson and Greg Feldberg
Governments Provide Financial Regulatory Relief, Aidan Lawson and Greg Feldberg
Multinational Organizations’ Efforts to Assist Countries through COVID-19 crisis, Aidan Lawson, Manuel Leon Hoyos, and June Rhee
Usage of the Defense Production Act throughout history and to combat, Aidan Lawson and June Rhee
Authorities Urge Prudence in Loan Loss Accounting, Aidan Lawson, Arwin Ziessler, and Greg Feldberg
Debate over new stimulus plan continues as unemployment benefits near expiration, Natalie Leonard
Federal Reserve Lowers Pricing for Municipal Liquidity Facility, Natalie Leonard
Barriers to Wage Replacement Schemes, Natalie Leonard and Corey Runkel
Senate Republicans introduce HEALS Act, next round of COVID- 19 response, Natalie Leonard and Corey Runkel
War Finance and Bank Leverage: Lessons from History, Antoine Martin and Josh Younger
Senate Bill Temporarily Restores Treasury, FDIC Guarantee Authority Eliminated Post-GFC, Christian McNamara
Credit Guarantee Programs for Small and Medium-Sized Enterprises, Christian McNamara, Mallory Dreyer, and Kaleb Nygaard
Spain Implements Tranched, Adaptive Credit Guarantee Program to Meet Firm Demand, Sharon Nunn
Denmark Plans to Pay Fixed Costs for SMEs Hit by Coronavirus Lockdown, Alexander Nye
European Commission gives tentative support for "network" of public asset management companies, Alexander Nye
The Bank of Greece proposes a national “bad bank”, Alexander Nye
The G20’s impasse on Special Drawing Rights (SDRs), Alexander Nye
Who's afraid of some (not so big or bad) debt relief?, Alexander Nye
Countering COVID-19 with Countercyclical Bankruptcy Policy, Alexander Nye and Greg Feldberg
The Limits of the G20's Debt Service Suspension Initiative, Alexander Nye and June Rhee
US Begins Airline and Aviation Interventions, Alex Nye, Vaasavi Unnava, and Rosalind Wiggins
Bank of Mauritius Granted Permission to Make Equity Investments in Companies, Kaleb Nygaard
Federal Reserve Expands Access to Paycheck Protection Program Lending Facility to Non-Depository Institution Lenders, Kaleb Nygaard
Federal Reserve Introduces Paycheck Protection Program Liquidity Facility, Kaleb Nygaard
Federal Reserve Waives Restriction on Wells Fargo to Allow Lending to Small Businesses, Kaleb Nygaard
Italy Expands and Updates its Credit Guarantee Programs, Kaleb Nygaard
UK Announces New 100% Loan Guarantee Program Targeted at Smallest Businesses, Kaleb Nygaard
UK Announces Support to Innovative Firms, Kaleb Nygaard
United States Congress Passes Amendments to Paycheck Protection Program, Kaleb Nygaard
U.S. Bank Regulators Modify Liquidity Regulation to Support Participation in Fed Programs, Kaleb Nygaard
Countries Provide Support to Workers in the Informal Economy, Kaleb Nygaard and Mallory Dreyer
Nepal Expands Public-Works Program, Kaleb Nygaard and Mallory Dreyer
Programs Support Individuals through Direct Payments and Tax Cuts, Kaleb Nygaard, Greg Feldberg, and Rosalind Z. Wiggins
Government Support to Individuals and Households During Crises, Kaleb Nygaard, Pascal Ungersboeck, Mallory Dreyer, Rosalind Z. Wiggins, and Greg Feldberg
Banks’ Second-Quarter Results Boosted by Non-Interest Income and Official Support, Junko Oguri
Dividend Bans: ECB Extends, APRA Eases, and BoE Promises Further Analysis, Junko Oguri
Federal Reserve extends temporary US dollar liquidity swap lines and FIMA repo facility to March 31, 2021, Junko Oguri
Part III of Crisis in Lebanon: Public Protests, COVID-19 Crisis, and International Support, Junko Oguri
Part II of Crisis in Lebanon: Buildup of Interrelated Challenges, Junko Oguri
Part I of Crisis in Lebanon: Economic “Free Fall,” IMF Negotiations, and Beirut Explosion, Junko Oguri
RBI reinforce liquidity measures while keeping the interest rate constant, Junko Oguri
RBI to provide liquidity to non-bank financial firms, Junko Oguri
Use of Federal Reserve Programs as of August 26, Junko Oguri
Use of Federal Reserve Programs as of December 18, Junko Oguri
Use of Federal Reserve Programs as of July 23, Junko Oguri
Use of Federal Reserve Programs as of October 22, Junko Oguri
Use of Federal Reserve Programs as of September 23, Junko Oguri
Use of Federal Reserve Programs as of December 2, Junko Oguri and Steven Kelly
Use of Federal Reserve Programs as of July 16, Junko Oguri and Pascal Ungersboeck
A Long Way to Go for Emerging Markets, Ahyan Panjwani and Chase P. Ross
Federal Reserve Broadens Range of Eligible Collateral for TALF, June Rhee
Fed Introduces Modified Primary Dealer Credit Facility, June Rhee
Treasury Backstop for Fed Lending under CARES Act: Lessons from 2008 TALF, June Rhee and Aidan Lawson
Central Banks Introduce Programs to Improve Liquidity in Key Markets, June Rhee, Aidan Lawson, and Manuel Leon Hoyos
Japan Begins Capital Injections for Financial Institutions in Response to COVID-19, June Rhee and Vaasavi Unnava
The FHLBs During the Coronavirus Crisis, Part II, Chase P. Ross
The FHLBs May Not be the Lenders-of-Next-to-Last Resort during the Coronavirus Crisis, Chase P. Ross
Forecasting the Economy During COVID-19, Chase P. Ross and Sharon Y. Ross
Flight from Maturity during the Coronavirus Crisis, Chase P. Ross, Sharon Y. Ross, Gary B. Gorton, and Andrew Metrick
Debt Mounts for US Retail and Lodging Mortgagors, Corey Runkel
Federal Reserve further expands access to Municipal Liquidity Facility, Corey Runkel
Pandemic catalyzes transition to cashless benefits, Corey Runkel
Paycheck Protection Program spread loans widely, if not evenly, Corey Runkel
Reserve liquidity facilities shift from advanced economies to emerging markets, Corey Runkel
Paycheck Protection Program highlights numerous oversight concerns even as the SBA makes first disclosures, Corey Runkel and Rosalind Z. Wiggins
Direct Lending to SMEs - Canada’s Business Credit Availability Program, Priya Sankar
EU Programs Supporting non-EU Countries, Priya Sankar
Federal Reserve to Report Monthly on CARES Act Program, Priya Sankar
HEROES Act would provide $3 trillion in additional benefits but unlikely to progress, Priya Sankar
India Extends Special Liquidity Facility to Mutual Funds, Priya Sankar
Countries Ease Bank Capital Buffers, Priya Sankar and Greg Feldberg
Easing Liquidity Regulations to Counter COVID-19, Priya Sankar, Alexander Nye, and Greg Feldberg
Conventional Monetary Policy and the Zero-Lower-Bound, Pascal Ungersboeck
Cross-country Comparison of Economic Outcomes and Policy Responses to Support Individuals in June, Pascal Ungersboeck
Korea Announces New Deal Budget Proposal Aimed at Developing its Post- COVID Economy, Pascal Ungersboeck
Unemployment Insurance and Short-Time Compensation in the US and abroad, Pascal Ungersboeck
Use of Federal Reserve Programs as of July 2, Pascal Ungersboeck
Use of Federal Reserve Programs as of July 9, Pascal Ungersboeck
Use of Federal Reserve Programs as of June 11, Pascal Ungersboeck
Use of Federal Reserve Programs as of June 18, Pascal Ungersboeck
Use of Federal Reserve Programs as of June 25, Pascal Ungersboeck
Use of Federal Reserve Programs as of June 4, Pascal Ungersboeck
Use of Federal Reserve Programs as of May 14, Pascal Ungersboeck
Use of Federal Reserve Programs as of May 21, Pascal Ungersboeck
Use of Federal Reserve Programs as of May 28, Pascal Ungersboeck
Use of Federal Reserve Programs as of May 7, Pascal Ungersboeck
World Bank Support to Developing Countries, Pascal Ungersboeck
Early Use of Federal Reserve Programs, Pascal Ungersboeck and Greg Feldberg
Programs Support Individuals through Tax-Deadline Extensions and Penalty Waivers, Pascal Ungersboeck, Greg Feldberg, and Rosalind Z. Wiggins