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This paper studies long economic series to assess the long-lasting effects of pandemics. We analyze if periods that cover pandemics have a change in trend and persistence in growth, and in level and persistence in unemployment. We find that there is an upward trend in the persistence level of...
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factors for the COVID-19 epidemic evolution, its macroeconomic outcomes and possible containment measures. Our framework … distancing. This result is confirmed by a version of the model calibrated to match real epidemic and economic data evolution in …
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