“…Most indexes of economic uncertainty have reached the peak ( Altig et al 2020 ) . Moreover, Covid-19 is a continuous reallocation shock (Barrero et al, 2021; Singh, Singh and Baruah, 2021 ), it changes the way of commuting ( Chinazzi et al, 2020 ) and have a profound impact on governments (Kizys et al, 2020), firms ( Acharya and Steffen, 2020 ; Carletti et al, 2020 ; Ramelli and Wagner, 2020 ) and family ( Baker et al, 2020b ; Hanspal et al, 2020a , 2020b ; O'Donoghue et al, 2020 ).…”