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Demand or supply? : price adjustment during the COVID-19 pandemic
Balleer, Almut; Link, Sebastian; Menkhoff, Manuel; … - 2020
We study price-setting behavior in German firm-level survey data to infer the relative importance of supply and demand … during the Covid-19 pandemic. Supply and demand forces coexist, but demand shortages dominate in the short run. A reported … percentage points. These results imply a role for aggregate demand stabilization policy to buffer the economic consequences of …
Persistent link: https://www.econbiz.de/10012259571
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Should contact bans be lifted in Germany? : a quantitative prediction of its effects
Donsimoni, Jean Roch; Glawion, René; Plachter, Bodo; … - 2020
Many countries consider the lifting of restrictions of social contacts (RSC). We quantify the effects of RSC for Germany. We initially employ a purely statistical approach to predicting prevalence of COVID19 if RSC were upheld after April 20. We employ these findings and feed them into our...
Persistent link: https://www.econbiz.de/10012202358
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Six-country survey on COVID-19
Belot, Michèle; Choi, Syngjoo; Jamison, Julian C.; … - 2020
This paper presents a new data set collected on representative samples across 6 countries: China, South Korea, Japan, Italy, the UK and the four largest states in the US. The information collected relates to work and living situations, income, behavior (such as social-distancing, hand-washing...
Persistent link: https://www.econbiz.de/10012213141
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Optimal unemployment benefits in the pandemic
Mitman, Kurt; Rabinovich, Stanislav - 2020
How should unemployment benefits vary in response to the economic crisis induced by the COVID-19 pandemic? We answer this question by computing the optimal unemployment insurance response to the COVID-induced recession.We compare the optimal policy to the provisions under the CARES Act-which...
Persistent link: https://www.econbiz.de/10012239488
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Global mobility and the threat of pandemics: evidence from three centuries
Clemens, Michael A.; Ginn, Thomas - 2020
Countries restrict the overall extent of international travel and migration to balance the expected costs and benefits of mobility. Given the ever-present threat of new, future pandemics, how should permanent restrictions on mobility respond? A simple theoretical framework predicts that reduced...
Persistent link: https://www.econbiz.de/10012389000
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The Spanish labour market at the crossroads: COVID-19 meets the megatrends
Dolado, Juan J.; Felgueroso, Florentino; Jimeno, Juan F. - 2020
This paper reviews the experience so far of the Spanish labour market during the Covid-19 crisis in the light of current institutions, past performance during recessions, and the policy measures adopted during the pandemic. Emphasis is placed on the role of worldwide trends in labour markets...
Persistent link: https://www.econbiz.de/10012315631
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The distributional impacts of early employment losses from COVID-19
Cho, Seung Jin; Winters, John V. - 2020
COVID-19 substantially decreased employment, but the effects vary among demographic and socioeconomic groups. We document the employment losses in April 2020 across various groups using the U.S. Current Population Survey. The unemployment rate understates employment losses. We focus on the...
Persistent link: https://www.econbiz.de/10012222386
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COVID-19 employment status impacts on food sector workers
Cho, Seung Jin; Lee, Jun Yeong; Winters, John V. - 2020
health and safety is essential for a stable food supply. …
Persistent link: https://www.econbiz.de/10012233370
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Trust in the time of corona
Brück, Tilman; Ferguson, Neil T. N.; Justino, Patricia; … - 2020
The global spread of COVID-19 is one of the largest threats to people and governments since the Second World War. The on-going pandemic and its countermeasures have led to varying physical, psychological, and emotional experiences, shaping not just public health and the economy but also...
Persistent link: https://www.econbiz.de/10012239442
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Black Lives Matter protests, social distancing, and COVID-19
Dave, Dhaval; Friedson, Andrew; Matsuzawa, Kyutaro; … - 2020
Sparked by the killing of George Floyd in police custody, the 2020 Black Lives Matter protests have brought a new wave of attention to the issue of inequality within criminal justice. However, many public health officials have warned that mass protests could lead to a reduction in social...
Persistent link: https://www.econbiz.de/10012239477