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escalated in future epidemic waves, providing huge welfare benefits both in terms of fewer infections and stronger economic … effective reproduction numbers by up to 90%. Meanwhile, many countries are rolling out vaccination programmes, but at varying … speeds. Hence the race is on to beat the variants with the vaccines. Vaccination is very powerful at reducing virus …
Persistent link: https://www.econbiz.de/10013222192
Using a gravity-like approach, we study how Covid-19 deaths and lockdown policies affected countries’ imports from China during 2020. We find that a country’s own Covid-19 deaths and lockdowns significantly reduced its imports from China, suggesting that the negative demand effects prevailed...
Persistent link: https://www.econbiz.de/10013224091
Developments in trade finance in 2020 were largely driven by the impact of the COVID-19 pandemic. Twelve years after the great financial crisis of 2008-09, the issue of trade finance reemerged as a matter of urgency. While the current pandemic-related crisis did not have a financial cause, one...
Persistent link: https://www.econbiz.de/10013243239
This paper uses fractional integration methods to assess the impact of US policy responses (containment and health measures, income support policy, debt-relief policy, changes in the Effective Federal Funds Rate, monetary and fiscal announcements) to the COVID-19 pandemic on US sectoral stock...
Persistent link: https://www.econbiz.de/10013322776
This paper provides a critical review of models of the spread of the coronavirus (SARS-CoV-2) that have been … influential in recent policy discussions. It notes potentially important features of the real- world environment that the standard …
Persistent link: https://www.econbiz.de/10012833728
effects regressions controlling for global time-varying confounding factors and regional time-invariant confounding factors on …
Persistent link: https://www.econbiz.de/10012824831
The COVID-19 pandemic is producing a global health and economic crisis. The entire globe is facing the trade … with endogenous dynamics for the pandemic. There are three main results. First, the macroeconomic effects of the epidemic …
Persistent link: https://www.econbiz.de/10012826008
while keeping the epidemic in check. Here I use basic economic principles to shed light on the key tradeoffs. A central …
Persistent link: https://www.econbiz.de/10012826065
This study quantifies the economic impacts of SARS on the four affected Asian economies and the two most affected Chinese regions using synthetic control methods with macroeconomic and remote-sensing nightlight data. For the four affected economies (China, Hong Kong, Taiwan, and Singapore), we...
Persistent link: https://www.econbiz.de/10013314961
We propose that crisis experience influences preferences towards COVID-19 vaccination and the speed of vaccination …, indicating that the crisis history of countries is positively correlated with preferences towards COVID-19 vaccination …
Persistent link: https://www.econbiz.de/10013225334