Przeglądaj KAE Working Papers według tematu "COVID-19"

Wyświetlanie pozycji 1-3 z 3

    • The Great Lockdown: information, noise and macroeconomic fluctuations 

      Brzoza-Brzezina, Michał; Wesołowski, Grzegorz (2021-01)
      This paper argues that noisy information about lockdown can cause undesired economic fluctuations. We construct a New Keynesian model with imperfect information about how long the lockdown would last. On the one hand, a ...

    • Monetary policy and COVID-19 

      Brzoza-Brzezina, Michał; Kolasa, Marcin; Makarski, Krzysztof (2021-07)
      We study the macroeconomic effects of the COVID-19 epidemic in a quantitative dynamic general equilibrium setup with nominal rigidities. We evaluate various containment policies and show that they allow to dramatically ...

    • For whom the bill tolls: redistributive consequences of a monetary-fiscal stimulus 

      Brzoza-Brzezina, Michał; Jabłońska, Julia; Kolasa, Marcin; Makarski, Krzysztof (2024-02)
      During the COVID-19 pandemic, governments in the euro area sharply increased spending, while the European Central Bank eased financing conditions. We use this episode to assess how such a concerted monetary-fiscal stimulus ...