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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 evaluate the 1968 H3N2 Flu pandemic’s economic cost in a cross-section of 52 countries. Using excess mortality rates as a proxy for the country-specific severity of the pandemic, we find that the average mortality rate (0.0062% per pandemic wave) was associated with declines in consumption...
Persistent link: https://www.econbiz.de/10013315008
This paper examines the effect of e-waste dumping sites on early child health. We focus on two major dumping sites in …
Persistent link: https://www.econbiz.de/10014077189
Mortality and economic contraction during the 1918-1920 Great Influenza Epidemic provide plausible upper bounds for … outcomes under the coronavirus (COVID-19). Data for 43 countries imply flu-related deaths in 1918-1920 of 39 million, 2 …
Persistent link: https://www.econbiz.de/10012839262
We propose that crisis experience influences preferences towards COVID-19 vaccination and the speed of vaccination during the initial phase when vaccines became available. We use macro and micro data to empirically investigate our theory and introduce a novel crisis experience index. Evidence...
Persistent link: https://www.econbiz.de/10013225334
In the mid 19th century, pre-colonial Korea under the Joseon dynasty was increasingly isolated and lagging behind in its economic development. Joseon Korea was forced to sign unequal treaties with foreign powers as a result of which Christian missionaries entered the country and contributed to...
Persistent link: https://www.econbiz.de/10013250736
We study the impact of short-term exposure to ambient air pollution on the spread and severity of COVID-19 in Germany. We combine data on county-by-day level on confirmed cases and deaths with information on local air quality and weather conditions and exploit short-term variation in the...
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 …-off between health and recessionary effects. This paper investigates this trade-off according to a macro-dynamic perspective. We … 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 … message is that there is no “health vs. economics” dichotomy. Rather, some degree of lockdown is typically optimal in crisis … like this, balancing its economic costs against its health benefits. Moreover, the optimal lockdown is dynamic, changes …
Persistent link: https://www.econbiz.de/10012826065
This paper analyses the effects of containment measures and monetary and fiscal responses on US financial markets during the Covid-19 pandemic. More specifically, it applies fractional integration methods to analyse their impact on the daily S&P500, the US Treasury Bond Index (USTB), the S&P...
Persistent link: https://www.econbiz.de/10013220137