ineffective in the presence of lockdown measures in place and because of limited pass-through of temporary measures into consumer … model distinguishes between sectors directly and indirectly affected by the lockdown. This allows us to trace economic … spillovers of lockdown measures to the rest of the economy and the differentiated impact of VAT measures on the two sectors. We …

two dimensions of the first lockdown in Germany, namely the length and the strength of the lockdown. While the assessment … of closure in different sectors. For the length of the lockdown we find that an additional day of closure lead to an … lockdown the results show that a higher degree of closure increases separations and lower job findings to a similar extent. In …