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IT Shields : Technology Adoption and Economic Resilience During the COVID-19 Pandemic
Pierri, Nicola; Timmer, Yannick - 2021
We study the economic effects of information technology (IT) adoption during the COVID-19 pandemic. Using data on IT … adoption covering almost three million establishments in the US, we find that technology adoption can partly shield the economy …
Persistent link: https://www.econbiz.de/10013314891
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Labor Scarcity, Technology Adoption and Innovation : Evidence from the Cholera Pandemics in 19th Century France
Franck, Raphaël - 2022
To analyze the impact of labor scarcity on technology adoption and innovation, this study uses the differential spread …, had a positive and significant shortrun effect on technology adoption and innovation in agriculture but a negative and … significant short-run impact on technology adoption in industry. These results, which are not driven by migration, urbanization …
Persistent link: https://www.econbiz.de/10013307770
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Policy Implications of Models of the Spread of Coronavirus : Perspectives and Opportunities for Economists
Avery, Christopher - 2020
This paper provides a critical review of models of the spread of the coronavirus (SARS-CoV-2) that have been …
Persistent link: https://www.econbiz.de/10012833728
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Firm-Level Expectations and Behavior in Response to the COVID-19 Crisis
Buchheim, Lukas - 2020
This paper studies the determinants of firms' business outlook and managerial mitigation strategies in the wake of the COVID-19 crisis using a representative panel of German firms. We first demonstrate that the crisis amplifies pre-crisis weaknesses: Firms that appear relatively weak before the...
Persistent link: https://www.econbiz.de/10012833757
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On the Optimal 'Lockdown' During an Epidemic
Gonzalez-Eiras, Martín - 2020
We embed a lockdown choice in a simplified epidemiological model and derive formulas for the optimal lockdown intensity and duration. The optimal policy reflects the rate of time preference, epidemiological factors, the hazard rate of vaccine discovery, learning effects in the health care...
Persistent link: https://www.econbiz.de/10012835657
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The Coronavirus and the Great Influenza Epidemic - Lessons from the 'Spanish Flu' for the Coronavirus's Potential Effects on Mortality and Economic Activity
Barro, Robert J. - 2020
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
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Pandemics, Places, and Populations : Evidence from the Black Death
Jedwab, Remi - 2019
The Black Death killed 40% of Europe’s population between 1347-1352, making it one of the largest shocks in the history of mankind. Despite its historical importance, little is known about its spatial effects and the effects of pandemics more generally. Using a novel dataset that provides...
Persistent link: https://www.econbiz.de/10012891571
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Does Crowd Support Drive the Home Advantage in Professional Soccer? Evidence from German Ghost Games During the Covid-19 Pandemic
Fischer, Kai - 2020
no change is observed in the second and third division. Our regression analysis indicates that the decrease in the home …, however, implying that players adapt and get used to the new situation. We cannot find strong evidence for a change in referee …
Persistent link: https://www.econbiz.de/10012822694
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Betting Market Efficiency in the Presence of Unfamiliar Shocks : The Case of Ghost Games During the COVID-19 Pandemic
Fischer, Kai - 2020
Betting markets have been frequently used as a natural laboratory to test the efficient market hypothesis and to obtain insights especially for financial markets. We add to this literature in analyzing the velocity and accuracy in which market expectations adapt to an exogenous shock: the...
Persistent link: https://www.econbiz.de/10012823156
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Pandemic Meets Pollution : Poor Air Quality Increases Deaths by COVID-19
Isphording, Ingo E. - 2020
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