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We use linked survey and administrative data to document and decompose the striking differences across demographic groups in both economic and health impacts of the first year of the COVID-19 pandemic in the United States. The impacts of the pandemic on all-cause mortality and on employment were...
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ideal scenario to evaluate the trade-off between lives saved and morbidity avoided on the one hand and reduced economic … resources on the other. We adapt the standard model of willingness to pay (WTP) for mortality/morbidity risk reductions by … incorporating a number of aspects that are highly relevant during an epidemic; namely, health care capacity constraints, dynamic …
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