In response to the two waves of Covid-19 in 2020, the Italian government implemented a general lockdown in March, but geographically targeted policies during fall. We exploit this natural experiment to compare the effects of the two policies in a difference-in-differences design, leveraging a...

We offer state-wise forecasts of COVID-19 pandemic deaths for the week ending August 10, 2020 based on a sample selection model to correct for rationed and biased testing for the virus. We refer the reader to our earlier papers including Vinod and Theiss (2020b) and Vinod and Theiss (2020a),...

Critics protest loudly against restrictions imposed by politicians during the COVID-19 pandemic in Germany: Mandatory masks, lockdowns, school and business closures. This paper examines (1) the extent to which these policies have indirectly contributed to limiting the number of COVID-19 cases...

We assess the impact of the COVID-19 pandemic on consumption indicators by estimating the effects of government-mandated containment measures and of the willingness of individuals to voluntarily physically distance to prevent contagion. To do this, we use weekly panel regressions across Canadian...

This paper uses transaction-level customer data from the largest bank in Denmark to estimate the change in consumer spending caused by the COVID-19 pandemic and the resulting shutdown of the Danish economy. We find that aggregate spending was on average 27% below the counterfactual level without...

Purpose of the Study: The study aims to examine the impact of government actions and country-specific factors during the COVID-19 on the tourism industry around the globe. Design/Methodology/Approach: The sample includes data of the 20 highly visited countries worldwide according to the UNWTO...

Governments around the world have implemented preventive measures against the spread of the coronavirus disease (COVID-19). In this study, we consider a multivariate discrete-time Markov model to analyze the propagation of COVID-19 across 33 provincial regions in China. This approach enables us...

Since it began, the COVID-19 pandemic has imposed a number of challenges on Africa and the rest of the world. Following the recommendations of the World Health Organization, many countries imposed social distancing measures and cancelled non-essential activities in order to contain the spread of...

This paper analyses the impact of the Covid-19 pandemic on stock market returns and their volatility in the case of the G20 countries. In contrast to the existing empirical literature, which typically focuses only on either Covid-19 deaths or lockdown policies, our analysis is based on a...

This paper analyses the impact of the Covid-19 pandemic on stock market returns and their volatility in the case of the G20 countries. In contrast to the existing empirical literature, which typically focuses only on either Covid-19 deaths or lockdown policies, our analysis is based on a...