We study the impact of the Belgium lockdown on retail prices using a unique dataset tracking daily prices and … promotions during the first two weeks of the lockdown, and the presence of local pricing retail chains (LP) competing with …, retailers, products, and over time. We show that LP chains reacted the most to the lockdown with spatial heterogeneity. The …

risk exposure affect the welfare effect of lockdowns? This paper examines the 'welcomed lockdown' hypothesis, namely the … differential timing of the effect of the pandemic across European countries, and the different stringency of lockdown to examine … anxiety and depression are explained by mortality and stringency of lockdown measures using ad event study that draws on …

lockdown while containing the spread of the virus. Such policies may, however, need to be complemented by selective containment …

characterize equilibrium, optimal outcomes, static and dynamic externalities, and prove the following: (i) A lockdown generically … arrives deterministically, optimal policy is dis-continuous, featuring a light/strict lockdown when the arrival date exceeds … gains from optimal policy unless the government lacks instruments to stimulate activity after a lockdown. …