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districts with the strictest lockdown rules. We find similarly large increases in cybercrime complaints. Interestingly, rape and … important role in the reporting and incidence of domestic violence during the lockdown …
Persistent link: https://www.econbiz.de/10012827542
The collapse of economic activity in 2020 from COVID-19 has been immense. An important question is how much of that resulted from government restrictions on activity versus people voluntarily choosing to stay home to avoid infection. This paper examines the drivers of the collapse using cellular...
Persistent link: https://www.econbiz.de/10012829790
be realized by having stricter lockdown policies on the oldest group. Intuitively, a strict and long lockdown for the …
Persistent link: https://www.econbiz.de/10012835103
epidemic. First, we show that MSAs with less pre-virus employment in work-from-home jobs experienced smaller declines in the …
Persistent link: https://www.econbiz.de/10012835115
We study the response of an economy to an unexpected epidemic. Households mitigate the spread of the disease by …
Persistent link: https://www.econbiz.de/10012837189
We study the optimal lockdown policy for a planner who wants to control the fatalities of a pandemic while minimizing … the output costs of the lockdown. We use the SIR epidemiology model and a linear economy to formalize the planner … parametrize the model using data on the COVID19 pandemic and the economic breadth of the lockdown. The quantitative analysis …
Persistent link: https://www.econbiz.de/10012837190
Does social distancing harm innovation? We estimate the effect of non-pharmaceutical interventions (NPIs)—policies that restrict interactions in an attempt to slow the spread of disease—on local invention. We construct a panel of issued patents and NPIs adopted by 50 large US cities during...
Persistent link: https://www.econbiz.de/10013225148
This paper presents a simple price-theory approach to Covid-19 lockdown and reopening policy. The key idea is to … formulation provides economics language for a policy middle ground between society-wide lockdown and ignore-the-virus, and a new …
Persistent link: https://www.econbiz.de/10013235297
Mandated shutdowns of nonessential businesses during the COVID-19 crisis brought into sharp relief the tradeoff between public health and a healthy economy. This paper documents the short-run effects of shutdowns during the Spanish flu pandemic of 1918, which provides a useful counterpoint to...
Persistent link: https://www.econbiz.de/10013221967
We show that unexpected changes in the trajectory of COVID-19 infections predict US stock returns, in real time. Parameter estimates indicate that an unanticipated doubling (halving) of projected infections forecasts next-day decreases (increases) in aggregate US market value of 4 to 11 percent,...
Persistent link: https://www.econbiz.de/10012837801