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We develop a novel empirical approach to identify the effectiveness of policies against a pandemic. The essence of our approach is the insight that epidemic dynamics are best tracked over stages, rather than over time. We use a normalization procedure that makes the pre-policy paths of the...
Persistent link: https://www.econbiz.de/10012313802
We develop a novel empirical approach to identify the effectiveness of policies against a pandemic. The essence of our approach is the insight that epidemic dynamics are best tracked over stages, rather than over time. We use a normalization procedure that makes the pre-policy paths of the...
Persistent link: https://www.econbiz.de/10012315249
We develop a novel empirical approach to identify the effectiveness of policies against a pandemic. The essence of our approach is the insight that epidemic dynamics are best tracked over stages, rather than over time. We use a normalization procedure that makes the pre-policy paths of the...
Persistent link: https://www.econbiz.de/10012315000
We develop a novel empirical approach to identify the effectiveness of policies against a pandemic. The essence of our approach is the insight that epidemic dynamics are best tracked over stages, rather than over time. We use a normalization procedure that makes the pre-policy paths of the...
Persistent link: https://www.econbiz.de/10012312986
We develop a novel empirical approach to identify the effectiveness of policies against a pandemic. The essence of our approach is the insight that epidemic dynamics are best tracked over stages, rather than over time. We use a normalization procedure that makes the pre-policy paths of the...
Persistent link: https://www.econbiz.de/10014090534
German Abstract: Wir entwickeln einen neuartigen empirischen Ansatz, um die Effektivität politischer Maßnahmen gegen Pandemien zu messen. Der Kern unseres Ansatzes besteht darin, dass die Dynamik einer Epidemie am besten über den Zustand der Epidemie, anstatt über den Zeitverlauf beschrieben...
Persistent link: https://www.econbiz.de/10014091193
This appendix of our paper, "Demographic Change, Human Capital and Welfare", contains further material that could not …
Persistent link: https://www.econbiz.de/10009291625
share of the population in working age everywhere. Conventional wisdom suggests that this will increase capital intensity … with falling rates of return to capital and increasing wages. This decreases welfare for middle aged agents with assets … ageing: investing abroad, endogenous human capital formation and increasing the retirement age. Although non of these …
Persistent link: https://www.econbiz.de/10010652434
share of the population in working age everywhere. Conventional wisdom suggests that this will increase capital intensity … with falling rates of return to capital and increasing wages. This decreases welfare for middle aged asset rich households …, endogenous human capital formation and increasing the retirement age. Our quantitative finding is that endogenous human capital …
Persistent link: https://www.econbiz.de/10011127946
based on standard OLG models predict that these changes will increase the capital-labor ratio. Hence, rates of return to … capital decrease and wages increase, which has adverse welfare consequences for current middle aged asset rich agents. This …: investing abroad and endogenous human capital formation. Our quantitative finding is that openness has a relatively mild effect …
Persistent link: https://www.econbiz.de/10010603535