Dorn, Florian; Fuest, Clemens; Göttert, Marcell; … - 2020
, depending on the scenario, and reduce the annual growth rate of GDP by between 7.2 and 11.2 percentage points; with a shutdown … duration of three months they reach EUR 354 to 729 billion (10.0 to 20.6 percentage points growth loss). On the labor market … to 57 billion and thus a decline in GDP growth of 0.7 to 1.6 percentage points. Given these costs, it is particularly …