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A Note on Long-Run Persistence of Public Health Outcomes in Pandemics
Lin, Peter Zhixian - 2020
Covid-19 is the single largest threat to global public health since the Spanish Influenza pandemic of 1918-20. Was the world better prepared in 2020 than it was in 1918? After a century of public health and basic science research, pandemic response and mortality outcomes should be better than in...
Persistent link: https://www.econbiz.de/10012481702
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What Explains the COVID-19 Stock Market?
Cox, Josue - 2020
What explains stock market behavior in the early weeks of the coronavirus pandemic? Estimates from a dynamic asset …
Persistent link: https://www.econbiz.de/10012481087
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Pandemics Through the Lens of Occupations
Chopra, Anand - 2020
We outline a macro-pandemic model where individuals can select into working from home or in the market. Market work increases the risk of infection. Occupations differ in the ease of substitution between market and home work, and in the risk of infection. We examine the evo- lution of a pandemic...
Persistent link: https://www.econbiz.de/10012481144
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The 1918 Influenza Pandemic and its Lessons for COVID-19
Beach, Brian - 2020
This article reviews the global health and economic consequences of the 1918 influenza pandemic, with a particular focus on topics that have seen a renewed interest because of COVID-19. We begin by providing an overview of key contextual and epidemiological details as well as the data that are...
Persistent link: https://www.econbiz.de/10012481221
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Black Lives Matter Protests, Social Distancing, and COVID-19
Dave, Dhaval M. - 2020
Sparked by the killing of George Floyd in police custody, the 2020 Black Lives Matter protests have brought a new wave of attention to the issue of inequality within criminal justice. However, many public health officials have warned that mass protests could lead to a reduction in social...
Persistent link: https://www.econbiz.de/10012481603
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Implications of Stochastic Transmission Rates for Managing Pandemic Risks
Hong, Harrison - 2020
epidemic model and link valuations to infections via an asset-pricing framework with vaccines. Infections lower earnings growth …
Persistent link: https://www.econbiz.de/10012481801
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Panel Forecasts of Country-Level Covid-19 Infections
Liu, Laura - 2020
We use dynamic panel data models to generate density forecasts for daily Covid-19 infections for a panel of countries/regions. At the core of our model is a specification that assumes that the growth rate of active infections can be represented by autoregressive fluctuations around a downward...
Persistent link: https://www.econbiz.de/10012481831
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The Unprecedented Stock Market Impact of COVID-19
Baker, Scott R. - 2020
No previous infectious disease outbreak, including the Spanish Flu, has impacted the stock market as forcefully as the COVID-19 pandemic. In fact, previous pandemics left only mild traces on the U.S. stock market. We use text-based methods to develop these points with respect to large daily...
Persistent link: https://www.econbiz.de/10012481902
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Firm-level Exposure to Epidemic Diseases : Covid-19, SARS, and H1N1
Hassan, Tarek Alexander - 2020
, benefits, and risks listed firms in the US and over 80 other countries associate with the spread of Covid-19 and other epidemic … diseases. We identify which firms expect to gain or lose from an epidemic disease and which are most affected by the associated … that have experience with SARS or H1N1 have more positive expectations about their ability to deal with the coronavirus …
Persistent link: https://www.econbiz.de/10012481927
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Economic Policy Incentives to Preserve Lives and Livelihoods
Chang, Roberto - 2020
The Covid-19 pandemic has motivated a myriad of studies and proposals on how economic policy should respond to this colossal shock. But in this debate it is seldom recognized that the health shock is not entirely exogenous. Its magnitude and dynamics themselves depend on economic policies, and...
Persistent link: https://www.econbiz.de/10012481977