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. Employment already fell 28 million by early April 2020. These costs indicate, among other things, the value of innovation in both …
Persistent link: https://www.econbiz.de/10012835749
Does social distancing harm innovation? We estimate the effect of non-pharmaceutical interventions (NPIs)—policies that …
Persistent link: https://www.econbiz.de/10013225148
the central role of political and economic institutions, as well as the endogenous evolution of technology, in shaping the …
Persistent link: https://www.econbiz.de/10013039764
We estimate the effects of technology investments on the demand for skilled workers using longitudinally integrated … unobservable components within each business for each year from 1992 to 1997. We measure technology using variables from the Annual … between advanced technology and skill in a cross-sectional analysis of businesses in both sectors. The more comprehensive …
Persistent link: https://www.econbiz.de/10012760169
We use dynamic panel data models to generate density forecasts for daily Covid-19 infections for a panel of countries/regions. At the core of our model is a specification that assumes that the growth rate of active infections can be represented by autoregressive fluctuations around a downward...
Persistent link: https://www.econbiz.de/10012833111
We study the role of global supply chains in the impact of the Covid-19 pandemic on GDP growth for 64 countries. We discipline the labor supply shock across sectors and countries using the fraction of work in the sector that can be done from home, interacted with the stringency with which...
Persistent link: https://www.econbiz.de/10012833120
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
We use micro data on earnings together with the details of each state's unemployment insurance (UI) system to compute the distribution of UI benefits after the uniform $600 Federal Pandemic Unemployment Compensation (FPUC) supplement implemented by the CARES Act. We find that between April and...
Persistent link: https://www.econbiz.de/10012833125
demand shocks also incorporate lower external demand due to foreign infection rates. Infection rates change endogenously with …
Persistent link: https://www.econbiz.de/10012833730
path during such outbreaks. When the epidemic is more infectious and fatal, the Bayesian-optimal sample size in the … and the regulatory approval process to the specific parameters and stage of the epidemic …
Persistent link: https://www.econbiz.de/10012833747