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In this report, we present the first evidence on how the cohorts of young people who entered the labour market during the pandemic have fared up to now. In Section 2, we discuss why we might expect the pandemic to lead to scarring effects, documenting how labour market outcomes evolved over the...
Persistent link: https://www.econbiz.de/10013490647
The coronavirus crisis that started in December 2019 was declared a pandemic by March 2020 and had devastating global … prices, unemployment rates, and interest rates in nine countries that took distinctive approaches in tackling the pandemic …, where we introduce lockdowns as shocks to unemployment. Based on impulse response functions, we find that in most countries …
Persistent link: https://www.econbiz.de/10012792445
Persistent link: https://www.econbiz.de/10013419063
We discuss and review literature on the macroeconomic effects of epidemics and pandemics since the late 20th century. First, we cover the role of health in driving economic growth and well-being and discuss standard frameworks for assessing the economic burden of infectious diseases. Second, we...
Persistent link: https://www.econbiz.de/10012271478
This paper examines the effects of the COVID-19 pandemic on the returns to education in the United States. Using data from the Current Population Survey 2011-2022, the analysis reveals that, after a period of decline, returns to education increased significantly because of COVID, particularly...
Persistent link: https://www.econbiz.de/10015064494
This paper examines the effects of the COVID-19 pandemic on the returns to education in the United States. Using data from the Current Population Survey 2011-2022, the analysis reveals that, after a period of decline, returns to education increased significantly because of COVID, particularly...
Persistent link: https://www.econbiz.de/10015073267
Persistent link: https://www.econbiz.de/10012243364
document the employment losses in April 2020 across various groups using the U.S. Current Population Survey. The unemployment …
Persistent link: https://www.econbiz.de/10012221840
document the employment losses in April 2020 across various groups using the U.S. Current Population Survey. The unemployment …
Persistent link: https://www.econbiz.de/10012222386
Persistent link: https://www.econbiz.de/10012799246