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We document four facts about the worldwide COVID-19 pandemic that are relevant for those studying the impact of nonpharmaceutical interventions (NPIs) on COVID-19 transmission. First, across all countries and U.S. states that we study, the growth rates of daily deaths from COVID-19 fell from a...
Persistent link: https://www.econbiz.de/10012653481
We characterize the dispersion of firm-level productivity and demand shocks over the business cycle using Swedish … microdata including prices and analyse the consequences for firms and the aggregate economy. Demand dispersion increases by more … than productivity dispersion in recessions. Productivity shocks pass through incompletely to prices and have limited effect …
Persistent link: https://www.econbiz.de/10014540949
This paper studies an analytically tractable model of the formation and evolution of chains of production. Over time, entrepreneurs accumulate techniques to produce their good using goods produced by other entrepreneurs and labor as inputs. The value of a technique depends on both the...
Persistent link: https://www.econbiz.de/10010292100
review of 255 articles in business press we show the diffusion in praxis and analyze coherency to the academic perspective …
Persistent link: https://www.econbiz.de/10010332052
We analyze binary choice models in communication networks, in which both, the formation of links in the network as well as the action choices are endogenous. We provide a complete characterization of the equilibrium action choices and networks, where agents choose their strategies - actions and...
Persistent link: https://www.econbiz.de/10011663181