-19 crisis, avoiding more than 80 of the decline in output and of number of deaths within one year, compared to a model in …

Using a structural life-cycle model, we quantify the long-term impact of school closures during the Corona crisis on … reactions reduce the negative impact of the school closures, but do not fully offset it. The negative impact of the crisis on … children, with the pandemic-induced income shock to parents playing a secondary role …