Bank Lending Conditions during the Pandemic

David Bodovski (), Hannah Firestone (), Seung Jung Lee and Viktors Stebunovs

No 2021-10-15-2, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: The COVID-19 pandemic has been a large shock to economies and financial systems around the world. In the beginning, as governments introduced unprecedented measures to contain the quickly spreading virus and households hunkered down to socially distance from one another, output plummeted, unemployment skyrocketed, and significant financial stress materialized.

Date: 2021-10-15
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2021-10-15-2

DOI: 10.17016/2380-7172.3000

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