Showing 1 - 10 of 4,475
Using data on over 6,000 firms across 56 economies during the first quarter of 2020, we evaluate the connection between corporate characteristics and stock price reactions to COVID-19 cases. We find that the pandemic-induced drop in stock prices was milder among firms with (a) stronger pre-2020...
Persistent link: https://www.econbiz.de/10012482012
Childhood vaccinations are an important input to disease prevention, but vaccination rates have declined over the last … impact. Anecdotal evidence on disease outbreaks suggests that they may prompt vaccination behavior. I use newly compiled data … vaccination rate increases among children at school entry following an outbreak in the year prior. A large outbreak in the county …
Persistent link: https://www.econbiz.de/10012456213
-up; estimating indirect effects also poses difficulty as it requires exogenous variation in peer vaccination status. We overcome …-in-differences designs leads to large estimates of direct effects: vaccination reduces COVID-19 incidence by 80 percent. But our estimates of … indirect effects are small and statistically insignificant: despite a 20 percentage point increase in vaccination rates across …
Persistent link: https://www.econbiz.de/10013435112
We review economic arguments for using public policy to accelerate vaccine supply during a pandemic. Rapidly vaccinating a large share of the global population helps avoid economic, mortality, and social losses, which in the case of Covid-19 mounted into trillions of dollars. However,...
Persistent link: https://www.econbiz.de/10013334410
Educators and policymakers have been concerned that the COVID-19 pandemic has led to substantial delays in learning due to disruptions, anxiety, and remote schooling. We study student achievement patterns over the pandemic using a combination of state summative and higher frequency benchmark...
Persistent link: https://www.econbiz.de/10014250205
The global COVID-19 vaccination campaign is the largest public health campaign in history, with over 2 billion people … understood. Leveraging the staggered rollout of vaccines, we find that the vaccination campaign across 141 countries averted 2 … vaccination in each country proportional to its population, would have saved roughly 670,000 more lives. However, this …
Persistent link: https://www.econbiz.de/10014421238
In lower-income countries, the economic contractions that accompany lockdowns to contain the spread of COVID-19 can increase child mortality, counteracting the mortality reductions achieved by the lockdown. To formalize and quantify this effect, we build a macro-susceptible-infected-recovered...
Persistent link: https://www.econbiz.de/10012585409
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/10012481627
Central banks across the globe introduced large-scale asset purchase programs to address the unprecedented circumstances experienced during the pandemic. Many of these programs were announced as open-ended to shock-and-awe market participants and restore confidence in financial markets. This...
Persistent link: https://www.econbiz.de/10014486207
We evaluate the impact of government mandated proof of vaccination requirements for access to public venues and non … provincial vaccination rates and 790,000 or more first doses for Canada as a whole as of October 31, 2021 (5 to 13 weeks after … the provincial mandate announcements). We also find large vaccination gains in France (3 to 5 mln first doses), Italy …
Persistent link: https://www.econbiz.de/10012794591