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explain not only the spread of the disease, but also cross-country spillovers in perceptions about coronavirus risk and in … social distancing behavior. In the early phases of the pandemic, perceptions of coronavirus risk in most countries are …
Persistent link: https://www.econbiz.de/10012262142
explain not only the spread of the disease, but also cross-country spillovers in perceptions about coronavirus risk and in … social distancing behavior. In the early phases of the pandemic, perceptions of coronavirus risk in most countries are …
Persistent link: https://www.econbiz.de/10012263745
We construct a news-based viral disease index and study the dynamic impact of epidemics on the world economy, using … structural vector autoregressions. Epidemic shocks have persistently negative effects, both directly and indirectly, on affected … countries and on world output. The shocks lead to a significant fall in global trade, employment, and consumer prices for three …
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higher inflation. These policies stabilised the situation in the short term, but if they continue indefinitely there is a … risk of debt overhang, investment mistakes and high inflation in the future. The aim of this article is to analyse monetary …
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