Tag Archives: Covid-19

The impact of school closure on test scores

Posted on April 26, 2022 by Francesc Rodríguez Tous

The great* Emily Oster tweeted yesterday that they got their article on the impact of school closures accepted in the American Economic Review: Insights. Their paper shows that, during 2021, students in districts with more in-person classes performed better in … Continue reading →

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Arbitrage in SME lending

Posted on May 14, 2020 by Francesc Rodríguez Tous

One of the big concerns of the aftermath of the Covid-19 crisis is that the recovery might take much longer because many firms, particularly small and medium (SMEs), will have closed down for good. From the very beginning, different actions … Continue reading →

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Limiting borrowers leverage

Posted on April 13, 2020 by Francesc Rodríguez Tous

In the last post I talked about the countercyclical capital buffer (CCyB), a new regulatory tool to increase banks’ capital requirements that most countries have not used but that could have been effective to mitigate the Covid-19 crisis. As I … Continue reading →

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Countercyclical capital buffers and regulatory discretion

Posted on April 9, 2020 by Francesc Rodríguez Tous

One of the main regulations that banks have to comply with are capital requirements; in particular, banks need to hold a minimum amount of capital depending on the composition of their investments (assets). Actually, the use of the word “hold”, … Continue reading →

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