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COVID-19

Central banks, fiscal authorities, and international organizations are taking extraordinary steps to respond to the market distress caused by the COVID pandemic. Policy makers need decision support as they consider their options. The Yale Program on Financial Stability (YPFS) is tracking what governments across the world are doing in response to the crisis. Look here for a regularly updated tracker and blog posts on these interventions. In addition, materials from our study of previous financial crises could be of use to policymakers. For many previous interventions, we have summaries of key design decisions and evaluations of outcomes. We also have a rich online archive of implementing documents and public communications from these interventions.