This paper documents the Saffier 3.0 model that is used for making macroeconomic projections and assessing the responses to fiscal policy changes in the short and medium run. This dual purpose of the model brings with... →
This research shows that the support policy in 2020 has kept firms afloat, thereby preserving jobs. This was at the expense of economic dynamics. Most support has ended up in industries hardest hit by the lockdown, such... →