What explains the large differences in death tolls among the Nordic countries? Using monthly all-cause death tolls for Denmark, Sweden and Finland from January 1946 (and Norway from January 2000) to June 2020, I estimate the stock of vulnerable elderly with a high mortality risk – “dry...

In response to the Coronavirus 2019 (COVID-19) pandemic, governments around the world have implemented legally binding lockdowns. These unprecedented policies mandate internal movement restrictions, school and business closures, and travel bans and other types of restrictions. They have been...

This paper argues that testing participation – and not testing capacity – is the biggest obstacle to a successful “test and isolate”-strategy, as recently proposed by Paul Romer. If 𝑅0 = 2.5, at least 60 percent of a population needs to participate in a testing program to make it...

This paper investigates whether people's satisfaction declines when the income of their peer group rises. We try to answer this question by applying an extensive panel data study covering the European Union. Our empirical model provides three main findings. First, we find that higher comparison...

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