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How will COVID-19 Affect Financial Assets, Delinquency and Bankruptcy?
Abstract: Communities with greater financial distress will face larger income shocks caused by COVID-19 and are less prepared to weather them, while also being more likely to go into further financial distress as the pandemic continues.
Keywords: COVID-19; Coronavirus; Economy; Financial distress; Assets; Delinquency; Bankruptcy;
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https://www.stlouisfed.org/on-the-economy/2020/may/covid-19-financial-assets-delinquency-bankruptcy
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Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Source: On the Economy
Publication Date: 2020-05-04