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The coronavirus pandemic triggered strong political action across Europe. Mandatory restrictions to increase social …
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. The mortality rate, surprisingly, seems to have affected stock and bond prices positively with autocorrelated errors. As …
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approach is the insight that epidemic dynamics are best tracked over stages, rather than over time. We use a normalization … procedure that makes the pre-policy paths of the epidemic identical across regions. The procedure uncovers regional variation in … the stage of the epidemic at the time of policy implementation. This variation delivers clean identification of the policy …
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