Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/230590
Authors: 
Milne, Frank
Longworth, David J.
Year of Publication: 
2020
Series/Report no.: 
Queen’s Economics Department Working Paper No. 1437
Abstract: 
There is an important interdependence between economic, financial and health policy actions. The recent Covid-19 crisis has demonstrated that, apart from the direct economic consequences from illness and death from the virus, the main economic and financial costs have been due to the varying degrees of preventative measures taken by the public, firms, and governments that directly impacted economic and financial activity. This paper proposes the use of regular, combined medical, economic and financial stress tests and wargames in preparing for future pandemics and other major environmental shocks.
Subjects: 
Covid-19
Government Policy
Wargames
Stress Tests
Banking
Monetary Policy
JEL: 
I18
H12
H51
H84
G21
Document Type: 
Working Paper

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