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We examine the effect of pandemics on selected commodity prices-in particular, those of zinc, copper, lead, and oil. We set up a vector autoregressive model and analyse data since the mid-nineteenth century to determine how prices reacted to pandemics such as the 1918 Spanish Flu, 1957 Asian...
Persistent link: https://www.econbiz.de/10012320991
The outbreak of COVID-19 and the wide-ranging measures needed to slow its advance triggered an unprecedented collapse in oil demand, a surge in oil inventories, and a record one-month decline in oil prices in March 2020. This paper examines the likely implications of the 2020 oil price plunge...
Persistent link: https://www.econbiz.de/10012257329
The Covid-19 outbreak has led to extensive declines in international commodity prices. The outbreak as well as measures fashioned to contain it has been weighing down on global supply chains and commodity prices. The pandemic has been accompanied with unprecedented shock that has disrupted both...
Persistent link: https://www.econbiz.de/10012236703
This paper develops a novel indicator of global economic activity, the GEA Tracker, which is based on commodity prices selected recursively through a genetic algorithm. The GEA Tracker allows for daily real-time knowledge of international business conditions using a minimum amount of...
Persistent link: https://www.econbiz.de/10012390472
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The Covid-19 crisis has undermined and disrupted several business fields. Organizations are called to address the new challenges by rethinking their business models. Employing an EFTE (estimate, feedback, talk, estimate) approach, the paper highlights 50 paradoxes to be taken into considera-tion...
Persistent link: https://www.econbiz.de/10013093132
The new Coronavirus pandemic (COVID-19), which began in late 2019 in China, lead to a health and economic crisis of significant proportions. The decrease in economic activity in order to prevent further spread of the disease affected all economic sectors, resulting in the unprecedented loss of...
Persistent link: https://www.econbiz.de/10013162281
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Using recent data on the unvaccinated across U.S. states, this paper focuses on the determinants of vaccine hesitancy related to the COVID-19 pandemic. Results show that more prosperous states and states with more elderly and physicians have lower vaccine hesitancy. There was some evidence of...
Persistent link: https://www.econbiz.de/10013168039