Yale School of Management

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EU Programs Supporting non-EU Countries

May 13, 2020

On April 22, the European Commission approved a €3 billion macro-financial assistance (MFA) program to ten neighboring countries outside the European Union for a period of one year to help them cover their immediate financing needs. Like the €20 billion Team Europe strategy announced earlier, this helps demonstrate the EU’s solidarity with other countries in tackling the COVID-19 pandemic.

Continue reading “EU Programs Supporting non-EU Countries”

Startup Stories: Converting Snorkel Masks into Protective Gear for Healthcare Workers

May 13, 2020
Healthcare worker wearing a snorkel mask converted to meet clinical specifications

Venture: MasksOn.org is a nonprofit initiative that generates low-cost, high-quality protective gear for healthcare workers at the front line of the COVID-19 pandemic. Specifically, the organization has built durable, reusable personal protective equipment (PPE) by adding adapters to full-face...

Continue reading “Startup Stories: Converting Snorkel Masks into Protective Gear for Healthcare Workers”

The Philippines Provides Support to Workers in the Informal Economy

May 13, 2020

The Philippines government has included a temporary short-term work program that aims to employ close to 1 million workers in the informal sector in its COVID-19 response package.The TUPAD #BKBK program provides temporary employment opportunities to workers in the informal sector, as these workers are particularly vulnerable to economic hardship due to the COVID-19 pandemic.

Continue reading “The Philippines Provides Support to Workers in the Informal Economy”

News in Systemic Risk: Wednesday, May 13, 2020 (10 a.m. ET)

May 13, 2020

Inflation Expectations in Times of COVID-19 (Olivier Armantier, Gizem Kosar, Rachel Pomerantz, Daphne Skandalis, Kyle Smith, Giorgio Topa, Wilbert van der Klaauw; Federal Reserve Bank of New York)

Macroprudential regulation and leakage to the shadow banking sector (Stefan Gebauer, Falk Mazelis; European Central Bank)

Monetary policy and its transmission in a globalised world (Michele Ca’ Zorzi, Luca Dedola, Georgios Georgiadis, Marek Jarociński, Livio Stracca, Georg Strasser; European Central Bank)

Negative rates and the transmission of monetary policy (Miguel Boucinha and Lorenzo Burlon; European Central Bank)

“The current crisis is a wake-up call” (Andrea Enria; European Central Bank)

Loan supply and bank capital: A micro-macro linkage (Thomas Kick, Swetlana Malinkovich, Christian Merkl; Deutsche Bundesbank)

Real Effects of Uncertainty: Evidence from Brexit (Anna Lipinska, Musa Orak; Federal Reserve Board of Governors)

Continue reading “News in Systemic Risk: Wednesday, May 13, 2020 (10 a.m. ET)”

US Businesses Navigate Multiple Government Support Programs

May 12, 2020

In response to the COVID-19 pandemic, the United States has adopted multiple programs providing support to businesses, specifically targeting job retention, while at the same time expanding unemployment insurance benefits and eligibility. Programs to support businesses vary across types of benefit and eligibility criteria. This post summarizes government support options available to businesses in the United States and some potential considerations for employers and employees.

Continue reading “US Businesses Navigate Multiple Government Support Programs ”

EU Programs Supporting non-EU Countries

May 13, 2020

On April 22, the European Commission approved a €3 billion macro-financial assistance (MFA) program to ten neighboring countries outside the European Union for a period of one year to help them cover their immediate financing needs. Like the €20 billion Team Europe strategy announced earlier, this helps demonstrate the EU’s solidarity with other countries in tackling the COVID-19 pandemic.

Continue reading “EU Programs Supporting non-EU Countries”

Startup Stories: Converting Snorkel Masks into Protective Gear for Healthcare Workers

May 13, 2020
Healthcare worker wearing a snorkel mask converted to meet clinical specifications

Venture: MasksOn.org is a nonprofit initiative that generates low-cost, high-quality protective gear for healthcare workers at the front line of the COVID-19 pandemic. Specifically, the organization has built durable, reusable personal protective equipment (PPE) by adding adapters to full-face...

Continue reading “Startup Stories: Converting Snorkel Masks into Protective Gear for Healthcare Workers”

The Philippines Provides Support to Workers in the Informal Economy

May 13, 2020

The Philippines government has included a temporary short-term work program that aims to employ close to 1 million workers in the informal sector in its COVID-19 response package.The TUPAD #BKBK program provides temporary employment opportunities to workers in the informal sector, as these workers are particularly vulnerable to economic hardship due to the COVID-19 pandemic.

Continue reading “The Philippines Provides Support to Workers in the Informal Economy”

News in Systemic Risk: Wednesday, May 13, 2020 (10 a.m. ET)

May 13, 2020

Inflation Expectations in Times of COVID-19 (Olivier Armantier, Gizem Kosar, Rachel Pomerantz, Daphne Skandalis, Kyle Smith, Giorgio Topa, Wilbert van der Klaauw; Federal Reserve Bank of New York)

Macroprudential regulation and leakage to the shadow banking sector (Stefan Gebauer, Falk Mazelis; European Central Bank)

Monetary policy and its transmission in a globalised world (Michele Ca’ Zorzi, Luca Dedola, Georgios Georgiadis, Marek Jarociński, Livio Stracca, Georg Strasser; European Central Bank)

Negative rates and the transmission of monetary policy (Miguel Boucinha and Lorenzo Burlon; European Central Bank)

“The current crisis is a wake-up call” (Andrea Enria; European Central Bank)

Loan supply and bank capital: A micro-macro linkage (Thomas Kick, Swetlana Malinkovich, Christian Merkl; Deutsche Bundesbank)

Real Effects of Uncertainty: Evidence from Brexit (Anna Lipinska, Musa Orak; Federal Reserve Board of Governors)

Continue reading “News in Systemic Risk: Wednesday, May 13, 2020 (10 a.m. ET)”

US Businesses Navigate Multiple Government Support Programs

May 12, 2020

In response to the COVID-19 pandemic, the United States has adopted multiple programs providing support to businesses, specifically targeting job retention, while at the same time expanding unemployment insurance benefits and eligibility. Programs to support businesses vary across types of benefit and eligibility criteria. This post summarizes government support options available to businesses in the United States and some potential considerations for employers and employees.

Continue reading “US Businesses Navigate Multiple Government Support Programs ”