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This paper evaluates the global welfare consequences of increases in mortality and poverty generated by the Covid-19 … pandemic. Increases in mortality are measured in terms of the number of years of life lost (LY) to the pandemic. Additional … dominance of poverty over mortality is reversed in a counterfactual "herd immunity" scenario: without any policy intervention …
Persistent link: https://www.econbiz.de/10012241367
, despite the extensive spread of the virus, the mortality toll remains highly concentrated in high-income countries. Developing …
Persistent link: https://www.econbiz.de/10012241230
many lives. This paper estimates COVID-19 mortality costs over time using the value of a statistical life. Using a more … conservative estimate of the value of a statistical life income elasticity ranging from 1 to 1.4, the overall COVID-19 mortality … from USD 5.4 million to USD 15.3 million. Similarly, the COVID-19 mortality costs range from USD 6.8 million to USD 19 …
Persistent link: https://www.econbiz.de/10014516822
A model of Covid-19 transmission among locations within a country has been developed that is (1) implementable anywhere spatially-disaggregated Covid-19 infection data are available; (2) scalable for locations of different sizes, from individual regions to countries of continental scale; (3)...
Persistent link: https://www.econbiz.de/10012388742
differences in population age structure. In this paper, COVID-19 mortality rates are calculated for each age group by dividing the … number of COVID-19 deaths by the underlying population. The resulting age-mortality curves are flatter in countries with … lower incomes. In HICs, the COVID-19 mortality rate for those ages 70-79 is 12.6 times the rate for those ages 50-59. In …
Persistent link: https://www.econbiz.de/10012257302
This paper analyzes the impact of Covid-19 and uncooperative trade policies on world food markets. It quantifies the initial shock due to the pandemic under the assumption that products that are more labor intensive in production are more affected through workers' morbidity and containment...
Persistent link: https://www.econbiz.de/10012241198
The coronavirus (COVID-19) pandemic has halted economic activity worldwide, hurting firms and pushing them toward …
Persistent link: https://www.econbiz.de/10012241118
How can the world reach herd immunity against COVID-19 before the second anniversary of the pandemic, or March 2022? A study of vaccine demand and supply answers this question. A target of vaccinating 60 percent of the population in each country by March 2022 is likely sufficient to achieve...
Persistent link: https://www.econbiz.de/10012564884
The COVID-19-triggered collapse in oil prices in March and April 2020 was the seventh, and by far the most severe, in a series of such collapses since 1970. This paper, first, compares this most recent collapse and its drivers with previous ones in an event study. It finds that it was associated...
Persistent link: https://www.econbiz.de/10012388647
The paper uses Google mobility data to identify the determinants of social distancing during the 2020 COVID-19 outbreak. The findings for the United States indicate that much of the decrease in mobility is voluntary, driven by the number of COVID-19 cases and proxying for greater awareness of...
Persistent link: https://www.econbiz.de/10012241139