How various financial service providers choose to take advantage of the act will be one of the more interesting dynamics as our financial system evolves in the years ahead. Clearly, many franchises can succeed by continuing to focus on traditional banking. Organizations that decide to depart from past successful strategies by expanding into new activities should do so only after careful consideration.
Recent research proposes integrated 2/3  BIS central bankers' speeches  epidemiological and macroeconomic models to analyze the interplay between the Covid-19 outbreak and macroeconomic activity. 1 These models generally link Covid-19 and labor supply decisions to the current state of the disease progression, allowing for relevant behavioral responses that lead to multiple feedback channels.