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mortality, fertility, and the economy in the short and medium run. The role of nonpharmaceutical interventions in shaping those …
Persistent link: https://www.econbiz.de/10012825491
response and mortality outcomes should be better than in 1918-20. We ask whether mortality from historical pandemics has any … predictive content for mortality in the ongoing Covid-19 pandemic. We find a strong persistence in public health performance in … the early days of the Covid-19 pandemic. Places that performed poorly in terms of mortality in 1918 were more likely to …
Persistent link: https://www.econbiz.de/10012834466
epidemic model and link valuations to infections via an asset-pricing framework with vaccines. Infections lower earnings growth …
Persistent link: https://www.econbiz.de/10012833123
understand the role of testing and case-dependent quarantine. Our model nests the SEIR model. During a period of asymptomatic … infection, testing can reveal infection that otherwise would only be revealed later when symptoms develop. Along with those … on whether a case is unknown, known positive, known negative, or recovered. Testing therefore makes possible the …
Persistent link: https://www.econbiz.de/10012838355
We build a minimalist model of the macroeconomics of a pandemic, with two essential components. The first is productivity-related: if the virus forces firms to shed labor beyond a certain threshold, productivity suffers. The second component is a credit market imperfection: because lenders...
Persistent link: https://www.econbiz.de/10012833117
, such as mortality, instead of actual infection counts, which are difficult to measure. We develop an epidemiological … strongly improved among vaccinated cohorts in states with high pre-vaccine measles mortality. Our results suggest that …
Persistent link: https://www.econbiz.de/10014081338
No previous infectious disease outbreak, including the Spanish Flu, has impacted the stock market as forcefully as the COVID-19 pandemic. In fact, previous pandemics left only mild traces on the U.S. stock market. We use text-based methods to develop these points with respect to large daily...
Persistent link: https://www.econbiz.de/10012837802
We outline a macro-pandemic model where individuals can select into working from home or in the market. Market work increases the risk of infection. Occupations differ in the ease of substitution between market and home work, and in the risk of infection. We examine the evo- lution of a pandemic...
Persistent link: https://www.econbiz.de/10012822782
What explains stock market behavior in the early weeks of the coronavirus pandemic? Estimates from a dynamic asset …
Persistent link: https://www.econbiz.de/10012823756
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/10012830480