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Challenges to Economic Stability Amid Global Epidemic of COVID-19 : Apposite Policy Recommendations for Economic Revival in Pakistan

Aslam, Ejaz - 2020

Akin to Spanish flue of 20th century, the Coronavirus disease 2019 (COVID-19) pandemic is an unprecedented global …

Persistent link: https://www.econbiz.de/10012830659

Short-term impact of COVID-19 on consumption and labor market outcomes: evidence from Singapore

Kim, Seonghoon; Koh, Kanghyock; Zhang, Xuan - 2020

We examine the short-term impact of COVID-19 on consumption spending and labor market outcomes. Using monthly panel data of individuals mainly aged 50-70 in Singapore, we find that COVID-19 reduced consumption spending and labor market outcomes immediately after its outbreak, and its negative...

Persistent link: https://www.econbiz.de/10012237785

The impact of COVID-19 on subjective well-being: evidence from Singapore

Cheng, Terence Chai; Kim, Seonghoon; Koh, Kanghyock - 2020

We provide novel evidence on how the COVID-19 global health and economic crisis is affecting overall life satisfaction and domain-specific satisfaction using data from a monthly longitudinal survey of middle-aged and older Singaporeans. Using a difference-in-differences framework, we document...

Persistent link: https://www.econbiz.de/10012290922

Economic impact of targeted government responses to COVID-19: evidence from the first large-scale cluster in Seoul

Shin, Jinwook; Kim, Seonghoon; Koh, Kanghyock - 2020

We estimate the economic impact of South Korea's targeted responses to the first large-scale COVID-19 cluster in Seoul. We find that foot traffic and retail sales decreased only within a 300 meter radius of the cluster and recovered to its pre-outbreak level after four weeks. The reductions...

Persistent link: https://www.econbiz.de/10012262841

The economic effects of COVID-19 and credit constraints: evidence from Italian firms' expectations and plans

Balduzzi, Pierluigi; Brancati, Emanuele; Brianti, Marco; … - 2020

We investigate the economic effects of the COVID-19 pandemic and the role played by credit constraints in the transmission mechanism, using a novel survey of expectations and plans of Italian firms, taken just before and after the outbreak. Most firms revise downward their expectations for...

Persistent link: https://www.econbiz.de/10012271637

Gauging the Effects of the German COVID-19 Fiscal Stimulus Package

Hinterlang, Natascha; Moyen, Stephane; Röhe, Oke; … - 2022

We simulate the fiscal stimulus packages set up by the German government to alleviate the costs of the COVID-19 pandemic in a dynamic New Keynesian multi-sector general equilibrium model. We find that, cumulated over 2020-2022, output losses relative to steady state can be reduced by more than 4...

Persistent link: https://www.econbiz.de/10013310308

Understanding Coronanomics : The Economic Implications of the Coronavirus (COVID-19) Pandemic

Barua, Suborna - 2020

The globalization of COVID-19 pandemic and its economic impacts is set to run havoc across all economies in the world, throwing many into recession and possibly economic depression. As the numbers of infected and death cases rise sharply and recovery from the pandemic remains uncertain even in...

Persistent link: https://www.econbiz.de/10012838105

The Cost of COVID-19 : A Rough Estimate of the 2020 U.S. GDP

Makridis, Christos - 2020

This paper provides an early estimate of the economic effects of the national quarantine policy associated with the COVID-19 pandemic in the United States. Using a measure of digital intensity from Gallipoli and Makridis (2018), we exploit counties' exposure to industries that vary in their...

Persistent link: https://www.econbiz.de/10012838987

Regulating in Pandemic : Evaluating Economic and Financial Policy Responses to the Coronavirus Crisis

Hafiz, Hiba - 2020

The United States is currently trying to manage a fast-moving public health crisis due to the coronavirus outbreak … provisions of H.R. 6201 (the “Families First Coronavirus Responses Act”) passed by the house on March 14, 2020, subject to … on March 18, 2020. Next, it analyzes the provisions of H.R. 748 (the “Coronavirus Aid, Relief, and Economic Security Act …

Persistent link: https://www.econbiz.de/10012839295

Socioeconomic Impact of COVID-19 on Investment, Trade and Economic Growth : Re-Positioning the World Economic Preferences

Shaukat, Badiea - 2020

We show the impact of COVID-19 pandemic on world's affected countries (Complete or Partial Locked Down countries) mainly transmitted through social and economic factors. In this regard, we assess the effects of covid-19 on Investments, remittances, Trade, Tourism, Oil Prices, Production, Health,...

Persistent link: https://www.econbiz.de/10012824127