This paper documents a strong delayed response to COVID-19, which is caused by the SARS-CoV2 virus in countries that did not encounter the SARS disease in 2003. The SARS outbreak was caused by a similar virus, SARS-CoV-1. Individuals in countries that developed SARS infections in 2003 search...

How do people balance health/wealth concerns during a pandemic? And, how does the communication of this trade-off affect individual preferences? We address these questions using a field experiment involving around 2000 students enrolled in a large university in Italy. We design four treatments...

Hochmobile Weltbürger wurden zuerst angesteckt. Inzwischen trifft das Virus alle gleich - aber nicht alle gleich hart.

Die wirtschaftlichen Auswirkungen der Coronapandemie haben die Volkswirtschaften der EU schwer getroffen. Zur Unterstützung haben die Mitgliedstaaten erhebliche Finanzmittel in die Wirtschaft gelenkt und die EU hat die entsprechenden Beihilferegeln, die den Wettbewerb im Binnenmarkt schützen...

Externalities and social preferences, such as patience and altruism, play a key role in the endogenous choice of social interactions, which in turn affect the diffusion of a pandemic or patterns of social segregation. We build a dynamic model, augmented with an SIR block, in which agents...

This paper hypothesizes and empirically establishes the educational burden of the ADHD-related behavioral symptoms inattention and/or hyperactivity-impulsivity on aggregate cognitive achievement outcomes. We use a novel compilation of the 2- and 7-repeat allele variants of the human DRD4 exon...

This note evaluates how adaptive learning agents weigh different pieces of information when forming expectations with a recursive least squares algorithm. The analysis is based on a new and more general non-recursive representaion of the learning algorithm, namely, a penalized weighted least...