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We examine the role of the vaccine initiation rate in mitigating the international stock market volatility during COVID-19. Our findings reflect that the positive effect of the vaccine initiation rate assists in stabilizing the international stock markets. This possible effect is stronger for...
Persistent link: https://www.econbiz.de/10013323605
Accurate counts of cases and deaths are critical for devising an optimal pandemic response. Yet, as the COVID-19 pandemic has progressed, so too has the recognition that cases and deaths have been underreported, perhaps vastly so. Here, we present an econometric strategy to estimate the true...
Persistent link: https://www.econbiz.de/10012431859
Deutschland hat sich das Ziel gesetzt, bis zum 21. September 2021 70 % der erwachsenen Bevölkerung ein Impfangebot zu unterbreiten. Der Fortschritt der Impfkampagne hängt dabei wesentlich von drei Determinanten ab: der Impfstoffverfügbarkeit, den Impfkapazitäten sowie der Impfbereitschaft....
Persistent link: https://www.econbiz.de/10012606066
The coronavirus has produced a public health debacle of the first-order. But the virus is also propagating the kind of … consider the coronavirus pandemic and its implications for the financial system through the lens of the frameworks we had …
Persistent link: https://www.econbiz.de/10012836438
The lack of anticipation of a worldwide disruptive event such as the spread of the COVID-19 combined with the breakdown of market mechanisms for the most essential products needed to fight the disease left the governments of many countries unsure of how to react and, often, constrained their...
Persistent link: https://www.econbiz.de/10012838432
The Coronavirus Disease 2019 (COVID-19) pandemic is bringing about once-in-a-century changes to human society. Three …
Persistent link: https://www.econbiz.de/10012518074
Populist parties and actors now govern various countries around the world. Often elected by the public in times of crises and over the perceived failure of ‘the elites’, the question stands as to how populist governments actually perform once elected, especially in times of crisis. Using the...
Persistent link: https://www.econbiz.de/10012584997
Pandemics are a recurring feature of human history. The COVID-19 virus has several features that mean it poses a particularly severe challenge. It threatens to cause a collapse of hospital systems through a high number of serious cases arising in a short period of time, and this, rather than...
Persistent link: https://www.econbiz.de/10013225350
COVID-19 has revealed familiar problems in health economics and cost-benefit analysis and the "tragic choices" that sometimes must be made. Policymakers frequently have to attach a monetary value to a human life based on the number of years that a person might have left to live and that life's...
Persistent link: https://www.econbiz.de/10013225359
The COVID-19 pandemic has exerted a remarkable impact on stock market volatility around the globe. Can vaccination programs revert these adverse effects? To answer this question, we scrutinize daily data from 66 countries from January 1st, 2020, to February 18th, 2021. We provide convincing...
Persistent link: https://www.econbiz.de/10013236020