By applying a battery of statistical tests, this approach seeks to assess whether macroeconomic time series display similar or different dynamic patterns over the cycle in the two areas. A related approach has applied statistical techniques to identify the way in which a monetary policy innovation propagates through the economy.
because of adverse nutritional outcomes for children in vulnerable households or school closures. In addition to increasing the resources available for health systems, policy strategy during the emergency must focus on supporting firms, workers and household incomes, as well as preventing liquidity problems from turning into massive defaults. Besides saving lives, the top priority is to maintain the productive capacity of our economies.