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ABC : an agent based exploration of the macroeconomic effects of Covid-19
Delli Gatti, Domenico; Reissl, Severin - 2020
We employ a new macro-epidemiological agent based model to evaluate the "lives vs livelihoods" trade-off brought to the fore by Covid-19. The disease spreads across the networks of agents’ social and economic contacts and feeds back on the economic dimension of the model through various...
Persistent link: https://www.econbiz.de/10012387645
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V for vaccines and variants
Delli Gatti, Domenico; Reissl, Severin; Turco, Enrico - 2021
We employ a new version of the ABC macro-epidemiological agent based model presented in Delli Gatti and Reissl (2020) to evaluate the effects of vaccinations and variants on the epidemic and macroeconomic outlook. Vaccination plays the role of a mitigating factor, reducing the frequency and the...
Persistent link: https://www.econbiz.de/10012619411
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The economics of walking about and predicting unemployment
Blanchflower, David G.; Bryson, Alex - 2021
Unemployment is notoriously difficult to predict. In previous studies, once country fixed effects are added to panel … estimates, few variables predict changes in unemployment rates. Using panel data for 29 European countries - Austria; Belgium … predict changes in the unemployment rate 12 months in advance based on individuals' fears of unemployment, their perceptions …
Persistent link: https://www.econbiz.de/10012610842