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A TIP against the COVID-19 pandemic
Chérif, Réda; Hasanov, Fuad - 2020
A universal testing and isolation policy is the most viable way to vanquish a pandemic. Its implementation requires: (i) an epidemiological rather than clinical approach to testing, sacrificing accuracy for scalability, convenience and speed; and (ii) state intervention to ramp up production,...
Persistent link: https://www.econbiz.de/10012252486
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The Great Lockdown : international risk sharing through trade and policy coordination
Engler, Philipp; Pouokam, Nathalie; Rodríguez, Diego; … - 2020
Voluntary and government-mandated lockdowns in response to COVID-19 have caused causing drastic reductions in economic activity around the world. We present a parsimonious two-country-SIR model with some degree of substitutability between home and foreign goods, and show that trading partners'...
Persistent link: https://www.econbiz.de/10012392567
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Social repercussions of pandemics
Barrett, Philip; Chen, Sophia - 2021
Epidemics may have social scarring effects, increasing the likelihood of social unrest. They may also have mitigating effect, suppressing unrest by dissuading social activities. Using a new monthly panel on social unrest in 130 countries, we find a positive cross-sectional relationship between...
Persistent link: https://www.econbiz.de/10012517929
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COVID-19 vaccines : a shot in arm for the economy
Hansen, Niels-Jakob Harbo; Mano, Rui - 2021
We quantify the effect of vaccinations on economic activity in the United States using weekly county level data covering the period end-2020 to mid-2021. Causal effects are identified through instrumenting vaccination rates with county-level pharmacy density interacted with state-level vaccine...
Persistent link: https://www.econbiz.de/10012795132
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State-level health and economic impact of COVID-19 in India
Deb, Pragyan; Xu, TengTeng - 2021
The health and economic impacts of COVID-19 on India have been substantial, with wide variation across states and union territories. This paper quantifies the impact of containment measures and voluntary social distancing on both the spread of the virus and the economy at the state level during...
Persistent link: https://www.econbiz.de/10012795136
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Corporate sector resilience in India in the wake of the COVID-19 shock
Górnicka, Lucyna; Ogawa, Sumiko; Xu, TengTeng - 2021
To assess the resilience of India's corporate sector against COVID-19-related shocks, we conducted a series of stress tests using firm-level corporate balance sheet data. The results reveal a differential impact across sectors, with the most severe impact on contact-intensive services,...
Persistent link: https://www.econbiz.de/10012795139
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Monetary policy and COVID-19
Brzoza-Brzezina, Michał; Kolasa, Marcin; Makarski, … - 2021
We study the macroeconomic effects of the COVID-19 epidemic in a quantitative dynamic general equilibrium setup with … play during the epidemic. According to our results, treating the observed output contraction as a standard recession leads … economy and containing the epidemic. If no administrative restrictions are in place, the second motive prevails and, despite …
Persistent link: https://www.econbiz.de/10012795163
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A pandemic forecasting framework : an application of risk analysis
Dizioli, Allan Gloe; Greenwood, Daniel Rivera; … - 2021
explain the epidemic development in the UK, the USA and Brazil through the model lens. Moreover, we show how our model would …
Persistent link: https://www.econbiz.de/10012796794
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IT shields : technology adoption and economic resilience during the COVID-19 pandemic
Pierri, Nicola; Timmer, Yannick - 2020
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/10012391986
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A Mexican state-level perspective on Covid-19 and its economic fallout
Cuesta Aguirre, Juan Pablo; Ahmed Hannan, Swarnali - 2020
Mexico has had one of the highest death tolls from Covid-19 and among the largest declines in output compared to peers. This paper utilizes data on Mexico's thirty-two states to better understand the relationship between health and economic outcomes. For instance, did the states with worse...
Persistent link: https://www.econbiz.de/10012392054