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Countries worldwide have implemented lockdown measures to contain the covid-19 pandemic. After more than three months … while keeping the epidemic in check. Here I use basic economic principles to shed light on the key tradeoffs. A central … message is that there is no "health vs. economics" dichotomy. Rather, some degree of lockdown is typically optimal in crisis …
Persistent link: https://www.econbiz.de/10012257770
. Calibrating the model to the US Covid-19 pandemic reveals an 80% reduction in death toll due to voluntary actions and the lockdown … implemented in the US. The optimal lockdown, however, is more stringent than what was implemented in the US. Moreover, the social … testing, showing its impact on reduced deaths, lower economic costs and laxer lockdown. We use the framework to provide …
Persistent link: https://www.econbiz.de/10014458798
Substantial weaknesses in the preparation by public health authorities and governments increased the health and economic costs of the Covid-19 pandemic relative to what they would have been if pre-existing recommendations had been followed and a wider set of plans had been put into place....
Persistent link: https://www.econbiz.de/10012417553
health and economic factors in a pandemic and how appropriate “lockdown”, income transfer, and loan policies could be …
Persistent link: https://www.econbiz.de/10012286509
Persistent link: https://www.econbiz.de/10014324789
testing and vaccination, policy response also varied from harsh implementation of lockdown during the initial phase to limp …
Persistent link: https://www.econbiz.de/10013349407
lockdown caused unprecedented economic policies and ruin. The book prepares for the next pandemic, that unquestionably will …, policy (in)effectiveness and resilience in different social contexts, illustrating a pandemic trilemma of health, freedom and …
Persistent link: https://www.econbiz.de/10012514213
Persistent link: https://www.econbiz.de/10013189933
Using a large-scale survey of U.S. households during the Covid-19 pandemic, we study how new information about fiscal and monetary policy responses to the crisis affects households' expectations. We provide random subsets of participants in the Nielsen Homescan panel with different combinations...
Persistent link: https://www.econbiz.de/10012830360
Using a large-scale survey of U.S. households during the Covid-19 pandemic, we study how new information about fiscal and monetary policy responses to the crisis affects households' expectations. We provide random subsets of participants in the Nielsen Homescan panel with different combinations...
Persistent link: https://www.econbiz.de/10012831220