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capital increases the productivity of labour and the complementarity between labour and energy drives its pollution …, the crowding out induced by climate policy is mitigated, thought not completely offset (indirect effect). The pollution …
Persistent link: https://www.econbiz.de/10009535543
Persistent link: https://www.econbiz.de/10009526828
COVID-19 has had a disruptive economic impact in 2020, but how long its impact will persist remains unclear. We offer a prognosis based on an analysis of the effects of five previous major epidemics in this century. We find that these pandemics led to significant and persistent reductions in...
Persistent link: https://www.econbiz.de/10012613687