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cases, the stringency of the lockdown, and the fiscal and monetary policy response determined the dynamics of portfolio … financing needs in affected economies. Lockdown and fiscal policy measures also led to an increase in portfolio flows; however …
Persistent link: https://www.econbiz.de/10013234704
surprises in vaccines administered, we find that an unexpected increase in vaccination per capita is associated with a … significant increase in economic activity. We also find evidence for non-linear effects of vaccines, with the marginal economic … benefits being larger when vaccination rates are higher. Country-specific conditions play an important role, with lower …
Persistent link: https://www.econbiz.de/10013300532
Following the Great Lockdown in 2020, it is important to take stock of lessons learned. How effective have different … information campaigns ─ rather than stay-at-home requirements. Using past coronavirus outbreaks as an instrumental variable, we …
Persistent link: https://www.econbiz.de/10013305677
covering the period end-2020 to mid-2021. Causal effects are identified through instrumenting vaccination rates with county …. Specifically, an increase of initiated vaccination rates of 1 percentage point increases weekly consumer spending by 0.6 percent … of vaccines is important to reduce inequality. Our results are specific to the United States, but hold important lessons …
Persistent link: https://www.econbiz.de/10013298749
data, we find that: (i) early vaccine procurement, domestic production of vaccines, the severity of the pandemic, a country …’s health infrastructure, and vaccine acceptance are significant determinants of the speed of vaccination rollouts; (ii) vaccine …
Persistent link: https://www.econbiz.de/10013300533
foundations for future resilience …
Persistent link: https://www.econbiz.de/10013295125
While standard demand factors perform well in predicting historical trade patterns, they fail conspicuously in 2020, when pandemic-specific factors played a key role above and beyond demand. Prediction errors from a multilateral import demand model in 2020 vary systematically with the health...
Persistent link: https://www.econbiz.de/10014081240
European authorities introduced stringent lockdown measures in early 2020 to reduce the transmission of COVID-19. As …
Persistent link: https://www.econbiz.de/10013314836
A lack of timely financing for purchases of vaccines and other health products impeded the global response to the COVID …
Persistent link: https://www.econbiz.de/10014082663
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 from the impact of the pandemic. In areas where...
Persistent link: https://www.econbiz.de/10013314845