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the pandemic as it continues to unfold. Estimating the economic impacts of a prevailing pandemic is fraught with … a span of three months, the pandemic has resulted in a 63 percent reduction in demand for hotels, while increasing … of the changes in demand varies considerably with government responses to the pandemic …
Persistent link: https://www.econbiz.de/10012241326
The size of the economic shocks triggered by the COVID-19 pandemic and the effects of the associated non … over the initial stages of the COVID-19 pandemic. The analysis relies on high-frequency proxies, such as daily electricity … consumption, nitrogen dioxide emission, and mobility records, to trace the economic disruptions caused by the pandemic, and …
Persistent link: https://www.econbiz.de/10012241218
pandemic and provides evidence on the effects of different reopening trajectories and their timing and speed on economic … compared with the countries that rushed into lifting the restrictive measures before the pandemic was under control. Postponing … lifting the restrictions until after the pandemic's peak was reached has a positive impact on economic activity. Governance …
Persistent link: https://www.econbiz.de/10012434406
The coronavirus (COVID-19) pandemic has halted economic activity worldwide, hurting firms and pushing them toward … pandemic, while using credit to remain alive until the crisis subdues. Fourth, the existing legal and regulatory infrastructure … is ill-equipped to deal with an exogenous systemic shock such as this pandemic. Financial sector policies can help …
Persistent link: https://www.econbiz.de/10012241118
pandemic. Increases in mortality are measured in terms of the number of years of life lost (LY) to the pandemic. Additional … June 2020, the pandemic (and the observed private and policy responses) has generated at least 68 million additional …
Persistent link: https://www.econbiz.de/10012241367
This study explores the factors shaping the aspirations of youths in Ethiopia, Malawi, and Nigeria, specifically focusing on their academic goals; science, technology, engineering, or mathematics career interests; and migration intentions. The study draws on a robust dataset comprising 2,725...
Persistent link: https://www.econbiz.de/10015046015
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
countries represent 85 percent of the global population, but only 21 percent of the pandemic's death toll. This unusual … documents the observed inequality with a new indicator that expresses severity relative to pre-pandemic patterns. It argues that …. While data quality has a role in explaining "excess inequality", the more compelling explanation is that the pandemic has …
Persistent link: https://www.econbiz.de/10012241230
A greater share of reported COVID-19 deaths occur at younger ages in low- and middle-income countries (LMICs) compared to high-income countries (HICs). Based on data from 26 countries, people age 70 and older constitute 37 percent of deaths attributed to COVID-19 in LMICs on average, versus 87...
Persistent link: https://www.econbiz.de/10012257302
European Central Bank's Pandemic Emergency Purchase Program (PEPP). Firms with an investment grade rating benefit relatively … overhang. Firms that are more heavily impacted by the pandemic benefit relatively little from the PEPP, which could reflect … that the business models of some of these firms heavily damaged by the pandemic. Monetary policy in the form of the PEPP …
Persistent link: https://www.econbiz.de/10012297203