The outbreak of COVID-19 severely affected the achievement of the sustainable development goals. The American Hospital Association estimated an average loss of US\50.7 billion per month for US hospitals during the COVID-19 pandemic. In the less developed economies, it costs about US\52 billion...

This paper examines how households adjusted their consumption behavior in response to COVID-19 infection risk during the early phase of the pandemic. We use a monthly consumption survey specifically designed by the German Statistical Office covering the second wave of COVID-19 infections from...