# Professor Viral Acharya's joint research on the financial ramifications of the COVID-19 pandemic is highlighted

1 Faculty News April 3, 2020 ![](/sites/default/files/styles/246w/public/assets/images/con_031531.jpg?itok=3ZJKe782)>

Excerpt from [Outlook India](https://www.outlookindia.com/outlookmoney/newsflash/unemployment-insurance-paid-leave-tax-deferrals-are-policy-responses-to-covid-19-says-report-4591) -- "A presentation delivered by [Viral Acharya](https://www.stern.nyu.edu/faculty/bio/viral-acharya) and his colleagues at New York University Stern School of Business said that COVID-19 has many similarities with Global Financial Crisis of 2008 and there are some stark differences as well. It also says that this is once-in-a-century pandemic emanated from Wuhan and has engulfed most of the globe."

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