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We derive a model in which firms operate in an epidemic environment and internalize infections among their employees in … the workplace. The model is calibrated to fit the properties of the Covid-19 epidemic. We show that firms have incentives …
Persistent link: https://www.econbiz.de/10012261872
Measures to contain the Corona virus (COVID-19) may pay off in terms of slowing down proliferation. The proliferation trend in France and Germany now exceeds the one in Italy, South Korea and Japan. At the same time, the containment measures seem more intense in Italy, South Korea and Japan than...
Persistent link: https://www.econbiz.de/10012172417
Identifying structural breaks in the dynamics of COVID-19 contagion is crucial to promptly assess policies and evaluate the effectiveness of lockdown measures. However, official data record infections after a critical and unpredictable delay. Moreover, people react to the health risks of the...
Persistent link: https://www.econbiz.de/10012261868
This paper examines whether the intensity of Non-Pharmaceutical Interventions (NPIs) during the COVID-19 pandemic has differentially impacted the public sector labor market outcomes. This extends the analysis of the already documented negative economic consequences from COVID-19 and their...
Persistent link: https://www.econbiz.de/10012262294
The goal of this piece is to survey the emerging and rapidly growing literature on the economic consequences of COVID-19 and governmental responses, and to synthetize the insights emerging from a very large number of studies. This survey (i) provides an overview of the data sets used to measure...
Persistent link: https://www.econbiz.de/10012290533
More democratic countries are often expected to fail at providing a fast, strong, and effective response when facing a crisis such as COVID-19. This could result in higher infections and more negative health effects, but hard evidence to prove this claim is missing for the new disease. Studying...
Persistent link: https://www.econbiz.de/10012419756
An aspect of the Covid-19 pandemic that merits attention is its effects on marriage and childbirth. Although the direct fertility effects of peo- ple getting the virus may be minor, the impact of delayed marriages due to the first preventive lockdown, such as that imposed in Pakistan from March...
Persistent link: https://www.econbiz.de/10012501712
Originating in China, the Coronavirus has reached the world at different speeds and levels of strength. This paper …
Persistent link: https://www.econbiz.de/10012205704
Feedback control-based mitigation strategies for COVID-19 are threatened by the time span occurring before an infection is detected in official data. Such a delay also depends on behavioral, technological and procedural issues other than the incubation period. We provide a machine learning...
Persistent link: https://www.econbiz.de/10012210231
COVID-19 substantially decreased employment, but the effects vary among demographic and socioeconomic groups. We document the employment losses in April 2020 across various groups using the U.S. Current Population Survey. The unemployment rate understates employment losses. We focus on the...
Persistent link: https://www.econbiz.de/10012217732