We use the Labor Force Survey and the monthly Revenue Statistics of the Hungarian Central Statistical Office to investigate the short term economic impacts of the CoVid pandemic during its 1st wave. The microdata allow us to investigate the economic crisis beyond the aggregate statistics. The...

In the first year and a half of the pandemic, the excess mortality in Hungary was 28,400, which was 1,700 lower than the official statistics on COVID-19 deaths. This discrepancy can be partly explained by protective measures instated during the COVID-19 pandemic that decreased the intensity of...