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Persistent link: https://www.econbiz.de/10012794998
characterize equilibrium, optimal outcomes, static and dynamic externalities, and prove the following: (i) A lockdown generically … arrives deterministically, optimal policy is dis-continuous, featuring a light/strict lockdown when the arrival date exceeds … gains from optimal policy unless the government lacks instruments to stimulate activity after a lockdown. …
Persistent link: https://www.econbiz.de/10012388160
This paper employs the most recent Input Output tables to discuss the Italian lockdown after the COVID-19 epidemics. We …. However, we find that the lockdown of industries such as construction, real estate and manufacture of basic metals reveal a …
Persistent link: https://www.econbiz.de/10012294781
We embed a lockdown choice in a simplified epidemiological model and derive formulas for the optimal lockdown intensity … discovery, learning effects in the health care sector, and the severity of output losses due to a lockdown. In our baseline …
Persistent link: https://www.econbiz.de/10012206448
We study the problem of a policymaker who aims at taming the spread of an epidemic while minimizing its associated … numerical experiments illustrating the structure of the optimal lockdown policy. In all our experiments the latter is … characterized by three distinct periods: the epidemic is first let freely evolve, then vigorously tamed, and finally a less …
Persistent link: https://www.econbiz.de/10012269704
The impact of the Covid-19 pandemic on international trade varies along several dimensions, including the type of product, the size of firm and over time. In this note, I provide evidence of systematic variation in the trade response to the pandemic along another, previously unexplored...
Persistent link: https://www.econbiz.de/10013252679
The coronavirus crisis that started in December 2019 was declared a pandemic by March 2020 and had devastating global … of the lockdown measures. However, the massive fiscal and monetary stimulus packages to counteract the effects of the …
Persistent link: https://www.econbiz.de/10012792445
lockdown. Our results reveal how, relative to regions for which the lockdown arrived 10+ days after the pandemic's outbreak …
Persistent link: https://www.econbiz.de/10012228762
When South Africa implemented its non-pharmaceutical interventions (NPIs) (its "lockdown") to stem the COVID-19 … pandemic in March 2020, it was hailed as exemplary. By June 2020 however, the lockdown was in disarray: the number of confirmed … than 50,000 businesses, to have government end the lockdown altogether. In this paper we argue that both government and the …
Persistent link: https://www.econbiz.de/10012286136
Data Bank and a government website on the state of the epidemic in Poland. The results indicated that the lockdown …. The main goal of the article is to study how the lockdown introduced in Poland affected the spread of the pandemic in the …
Persistent link: https://www.econbiz.de/10013428851