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Fear, Lockdown, and Diversion : Comparing Drivers of Pandemic Economic Decline 2020
Goolsbee, Austan - 2020
The collapse of economic activity in 2020 from COVID-19 has been immense. An important question is how much of that resulted from government restrictions on activity versus people voluntarily choosing to stay home to avoid infection. This paper examines the drivers of the collapse using cellular...
Persistent link: https://www.econbiz.de/10012481627
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Lockdowns and Innovation : Evidence from the 1918 Flu Pandemic
Berkes, Enrico - 2020
Does social distancing harm innovation? We estimate the effect of non-pharmaceutical interventions (NPIs)--policies that restrict interactions in an attempt to slow the spread of disease--on local invention. We construct a panel of issued patents and NPIs adopted by 50 large US cities during the...
Persistent link: https://www.econbiz.de/10012482371
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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
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The Impact of the COVID-19 Pandemic and Policy Responses on Excess Mortality
Agrawal, Virat; Cantor, Jonathan H.; Sood, Neeraj; … - National Bureau of Economic Research - 2021
As a way of slowing COVID-19 transmission, many countries and U.S. states implemented shelter-in-place (SIP) policies. However, the effects of SIP policies on public health are a priori ambiguous as they might have unintended adverse effects on health. The effect of SIP policies on COVID-19...
Persistent link: https://www.econbiz.de/10012585414
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Optimal Mitigation Policies in a Pandemic : Social Distancing and Working from Home
Jones, Callum J. - 2020
We study the response of an economy to an unexpected epidemic. Households mitigate the spread of the disease by …
Persistent link: https://www.econbiz.de/10012481940
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Maximize Utility subject to R≤1 : A Simple Price-Theory Approach to Covid-19 Lockdown and Reopening Policy
Budish, Eric - 2020
This paper presents a simple price-theory approach to Covid-19 lockdown and reopening policy. The key idea is to … formulation provides economics language for a policy middle ground between society-wide lockdown and ignore-the-virus, and a new …
Persistent link: https://www.econbiz.de/10012482312
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Is Hard and Soft Information Substitutable? Evidence from Lockdown
Bai, Jennie; Massa, Massimo - National Bureau of Economic Research - 2021
-triggered lockdown that has hampered people's physical interactions hence the ability to collect, process, and transmit soft information …. Exploiting the cross- sectional and time-series variations of lockdown, we investigate how the difficulty to use soft information … show that lockdown reduces fund investment in proximate stocks and generates a portfolio rebalancing toward distant stocks …
Persistent link: https://www.econbiz.de/10012696422
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Girls' Night In? Effects of the Kenyan COVID-19 Lockdown on Web Browsing
Giardili, Soledad; Jain, Sanjay; Miller, Amalia R.; … - National Bureau of Economic Research - 2023
We present the first objective evidence on how COVID-19 lockdowns affected internet browser usage in Africa, using detailed digital trace data on PC-based and mobile-based browsing patterns of 316 Kenyans who had access to a PC, covering the period before and during Kenya's first national...
Persistent link: https://www.econbiz.de/10014447318
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Direct and Spillover Effects from Staggered Adoption of Health Policies : Evidence from COVID-19 Stay-at-Home Orders
Elenev, Vadim; Quintero, Luis E.; Rebucci, Alessandro; … - National Bureau of Economic Research - 2021
Local policies can have substantial spillovers both across geographies and markets. Little is known about the impact of public health regulations across administrative borders. We estimate U.S. county level direct and spillover effects of Stay-at-Home-Orders (SHOs) aimed at containing the spread...
Persistent link: https://www.econbiz.de/10012599378
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How Did Federal Aid to States and Localities Affect Testing and Vaccine Delivery?
Clemens, Jeffrey; Hoxie, Philip G.; Kearns, John; … - National Bureau of Economic Research - 2022
We estimate whether federal aid for state and local governments played a role in advancing population testing for COVID …
Persistent link: https://www.econbiz.de/10013334424