A micro decision-making utility model under uncertainty is presented as a complementary foundation for macro coronavirus models. The micro model consists of two functions, a risk averse utility function depending on wellness and a wellness random output which is a function of the input variable...

Fixed Capital has a major role in economic growth literature and on the estimation of potential output using a production function - which is essential to design macroeconomic policy. One of the main contributions of this work, differently from the previous works, is to estimate the capital...

In Deutschland wurden Anfang März in einigen Bereichen Maßnahmen zur Eindämmung des Coronavirus gelockert; so wurde die Anzahl der Personen aus verschiedenen Haushalten, die sich treffen dürfen, vielerorts erhöht und Einzelhandelsgeschäfte können vermehrt wieder Kunden empfangen. Auf...

We assess the causal impact of epidemic-induced lockdowns on health and macroeconomic outcomes and measure the trade-off between containing the spread of an epidemic and economic activity. To do so, we estimate an epidemiological model with time-varying parameters and use its output as...

How does contagion risk affect the business cycle? We find that the presence of contagion risk significantly alters the transmission of standard macroeconomic shocks. Relative to the first-best equilibrium, the contagion externality significantly reduces the response of output to a technology...

This paper studies how wealth and health inequalities have interacted with the Covid-19 epidemic in a way that has reinforced inequalities in income, savings, epidemic risk and even individual preventive behaviors. We present in more detail two papers and their theoretical and empirical results....

It is widely recognized that African Americans have a higher level of mistrust for the healthcare system, which results in insufficient utilization of public health services, a higher likelihood of non-participation in clinical research, and a growing refusal to be immunized. The Tuskegee Study...

Uncertainty around economic recovery from a pandemic, in addition to restrictions on mobility and socializing, can be isolating and stressful. While preventive measures, such as mask mandates, are expected to mitigate spread of the disease and lower concerns of future job loss, state- and...

Epidemics invite “pariah-tization.” By this, I mean the process of stigmatizing one marginalized and impotent segment of society as being the group most vulnerable to the disease at hand- without reliable scientific basis. Doing so allows those in power, the young, the rich, the...

Background. Prior studies indicate the protective role of Ultraviolet-B (UVB) radiation in human health, mediated by vitamin D synthesis. In this observational study, we empirically outline a negative association of UVB radiation as measured by ultraviolet index (UVI) with the number of COVID-19...