Showing 1 - 10 of 1,235
The risk of recurrent outbreaks following the main waves of a pandemic has been acknowledged. We provide evidence of … the scale and duration of this outbreak risk. We compile municipal public health records and use national data to model … eight major UK cities, we find elevated mortality risk that persists for nearly two decades. The generality of the findings …
Persistent link: https://www.econbiz.de/10012698777
This paper analyses the direct and indirect trade volume and trade cost effects of uncertainty on international trade and economic welfare using a structural gravity framework for a panel of 97 developed and developing countries from 2000 to 2018. Our results suggest that an increase in...
Persistent link: https://www.econbiz.de/10013550200
We measure the economic risk of COVID-19 at a geo-spatially detailed resolution. In addition to data about the current … prevalence of confirmed cases, we use data from 2014-2018 and a conceptual disaster risk model to compute measures for exposure ….e., its ability of the recover rapidly from the shock). We find that the economic risk of this pandemic is particularly high …
Persistent link: https://www.econbiz.de/10012231556
China during 2020. We find that a country's own Covid-19 deaths and lockdowns significantly reduced its imports from China …-19 deaths in the main trading partners of a country (excluding China) induces more imports from China, partially … are evaluated at their 2020 mean is, on average, a reduction of nearly 10% in imports from China. There is also …
Persistent link: https://www.econbiz.de/10012533941
This paper examines the impact of the Severe Acute Respiratory Syndrome (SARS) epidemic on China’s trade. Using …
Persistent link: https://www.econbiz.de/10012219530
and death outcomes in China. We adopt a simultaneous spatial dynamic panel data model to account for (i) the simultaneity …
Persistent link: https://www.econbiz.de/10013419317
We develop a dynamic computational network model of the banking system where fire sales provide the amplification mechanism of financial shocks. Each period a finite number of banks offers a large, but finite, number of loans to households. Banks with excess liquidity also offer loans to other...
Persistent link: https://www.econbiz.de/10014490902
This paper investigates the effect of economic policy uncertainty (EPU) on gambling activity in China. Based on a …
Persistent link: https://www.econbiz.de/10013503360
ante risk assessment and derive risk premia for every balance sheet item where liabilities are differentiated according to … priority rights. We find that risk premia reflect both idiosyncratic risk and risk of contagion (network risk). Moreover, we … show that network risk magnifies the gap between the risk premia of equity and debt. We also perform comparative statics …
Persistent link: https://www.econbiz.de/10013457674
drivers of the administration and delivery efficiency of coronavirus vaccines. For this purpose, we use data from the 50 US …
Persistent link: https://www.econbiz.de/10012494792