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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
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
Persistent link: https://www.econbiz.de/10012796638
, more liberalized financial markets, higher pre-crisis growth, lower fiscal stimulus, higher ethnic and religious …
Persistent link: https://www.econbiz.de/10012517923
We use high-frequency indicators to analyze the economic impact of COVID-19 in Europe and the United States during the early phase of the pandemic. We document that European countries and U.S. states that experienced larger outbreaks also suffered larger economic losses. We also find that the...
Persistent link: https://www.econbiz.de/10012299321
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
Persistent link: https://www.econbiz.de/10012796628
We quantify the effect of mask mandates in the United States. Our regression discontinuity design exploits county-level variation in COVID-19 cases, hospital admissions, and deaths across the border between states with and without mandates. We find a significant and substantial effect-mask...
Persistent link: https://www.econbiz.de/10012605500
Using the U.S. Current Population Survey data, this paper compares the distributional impacts of the Pandemic Crisis … and those of the Global Financial Crisis in terms of (i) worker characteristics, (ii) job characteristics-'social' (where … workers. Unlike during the Global Financial Crisis, however, employment in social industries fell more whereas employment in …
Persistent link: https://www.econbiz.de/10012251998
activity around the world. We present a parsimonious two-country-SIR model with some degree of substitutability between home …
Persistent link: https://www.econbiz.de/10012392567