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Lockdowns and Innovation : Evidence from the 1918 Flu Pandemic
Berkes, Enrico; Deschenes, Olivier; Gaetani, Ruben; … - 2021
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
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Unintended Consequences of Lockdowns : Covid-19 and the Shadow Pandemic
Ravindran, Saravana - 2020
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
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Fear, Lockdown, and Diversion : Comparing Drivers of Pandemic Economic Decline 2020
Goolsbee, Austan D. - 2020
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
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Business in a Time of Spanish Influenza
Bodenhorn, Howard - 2021
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
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Which Workers Bear the Burden of Social Distancing Policies?
Mongey, Simon - 2020
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
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Optimal Mitigation Policies in a Pandemic : Social Distancing and Working from Home
Jones, Callum - 2020
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
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A Simple Planning Problem for COVID-19 Lockdown
Alvarez, Fernando - 2020
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
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Maximize Utility Subject to R≤1 : A Simple Price-Theory Approach to Covid-19 Lockdown and Reopening Policy
Budish, Eric B. - 2021
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
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Optimal Targeted Lockdowns in a Multi-Group Sir Model
Acemoglu, Daron - 2020
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
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Health vs. Wealth? Public Health Policies and the Economy During Covid-19
Lin, Zhixian - 2020
We study the impact of non-pharmaceutical policy interventions (NPIs) like “stay-at-home” orders on the spread of infectious disease. Local policies have little impact on the economy nor on local public health. Stay-at-home is only weakly associated with slower growth of Covid-19 cases....
Persistent link: https://www.econbiz.de/10012835108