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COVID-19 Economic Impacts in Perspective : A Comparison to Recent U.S. Disasters

Rose, Adam - 2021

This paper places the COVID-19 pandemic into perspective by comparing it to other recent disasters in terms of impacts on the macroeconomy of the U.S. We present a short summary of advances in the state-of-the-art of economic consequence analysis, as well as estimates this approach yields on...

Persistent link: https://www.econbiz.de/10013242148

Resilience and Asset Pricing in COVID-19 Disaster

Daadmehr, Elham - 2022

This paper develops a rare disaster asset pricing model with EZ preferences, in particular including the impact of … macroeconomic consequences of the COVID-19 disaster. I estimate the probability of disaster, disaster states, and the duration of … disaster to shed light on the frequency and size of this disaster and to obtain the macroeconomic sensitivity to COVID-19 as …

Persistent link: https://www.econbiz.de/10014235623

Stolen Dreams or Collateral Damage : Climate and Economic Growth in Time of COVID-19

Abdel-Latif, Hany; Abou-Ali, Hala; Abdelfatah, Yasmine; … - 2021

This paper aims to provide an empirical investigation of the climate-growth joint dynamics considering exogenous shocks such as the COVID-19 in the Middle East and North Africa (MENA) region, with no presumptions imposed on the direction of causality. To quantify climate change, we use...

Persistent link: https://www.econbiz.de/10013221183

Modern infectious diseases: macroeconomic impacts and policy responses

Bloom, David E.; Kuhn, Michael; Prettner, Klaus - 2020

We discuss and review literature on the macroeconomic effects of epidemics and pandemics since the late 20th century. First, we cover the role of health in driving economic growth and well-being and discuss standard frameworks for assessing the economic burden of infectious diseases. Second, we...

Persistent link: https://www.econbiz.de/10012271478

Measuring the natural rate of interest after COVID-19

Holston, Kathryn; Laubach, Thomas; Williams, John C. - 2023

We modify the Laubach-Williams and Holston-Laubach-Williams models of the natural rate of interest to account for time-varying volatility and a persistent COVID supply shock during the pandemic. Resulting estimates of the natural rate of interest in the United States, Canada, and the Euro Area...

Persistent link: https://www.econbiz.de/10014302828

The Impact of SARS Epidemic and Financial Crisis on China’s Economy Structure Referenced to the Potential Impact of COVID-19

Long, Hai; Zhao, Jianzhi - 2021

This empirical study employs regression models to investigate some deep economic determinants, such as human capital capital, business environment, to investigate what extent China’s economy structure is likely hit by SARS epidemic in 2003 and global financial crisis in 2008. It finds that...

Persistent link: https://www.econbiz.de/10013237176

Pandemics and economic growth : evidence from the 1968 H3N2 influenza

Jinjarak, Yothin; Noy, Ilan; Ta, Quy - 2020

We evaluate the 1968 H3N2 Flu pandemic’s economic cost in a cross-section of 52 countries. Using excess mortality rates as a proxy for the country-specific severity of the pandemic, we find that the average mortality rate (0.0062% per pandemic wave) was associated with declines in consumption...

Persistent link: https://www.econbiz.de/10012308629

Pandemics and Economic Growth : Evidence from the 1968 H3N2 Influenza

Jinjarak, Yothin; Noy, Ilan; Ta, Quy - 2021

Persistent link: https://www.econbiz.de/10013315008

Covid-19 pandemic : overview of the fiscal policy response and macroeconomic developments in the Euro Area and the United States

Anastasatu, Marianthē; Anyfantaki, Sofia - In: Economic bulletin 57 (2023), pp. 47-65

Persistent link: https://www.econbiz.de/10014382749

China macroeconomic report 2020 : China's macroeconomy is on the rebound under the impact of COVID-19

Liu, Xiaoguang; Yuanchun, Liu; Yan, Yan - In: Economic and political studies : EPS 8 (2020) 4, pp. 395-435

Persistent link: https://www.econbiz.de/10012423192

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