Impacts of social distancing policy and vaccination during the COVID-19 pandemic in the Republic of Korea [0.03%]
韩国新冠疫情期间保持社交距离和疫苗接种的影响
Kijin Kim,Soyoung Kim,Donghyun Lee et al.
Kijin Kim et al.
This paper investigates the dynamic impact of social distancing policy on coronavirus disease (COVID-19) infection control, mobility of people, and consumption expenditures in the Republic of Korea. We employ structural and threshold vector...
Luiz Brotherhood,Vahagn Jerbashian
Luiz Brotherhood
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 moments of the Covid-19 epidemic. We show that firms have incentives t...
Miguel Faria-E-Castro
Miguel Faria-E-Castro
I study the effects of the 2020 coronavirus outbreak in the United States and subsequent fiscal policy response in a nonlinear DSGE model. The pandemic is a shock to the utility of contact-intensive services that propagates to other sectors...
The long-term impact of the COVID-19 unemployment shock on life expectancy and mortality rates [0.03%]
COVID-19失业冲击对预期寿命和死亡率的长期影响
Francesco Bianchi,Giada Bianchi,Dongho Song
Francesco Bianchi
We adopt a time series approach to investigate the historical relation between unemployment, life expectancy, and mortality rates. We fit Vector-autoregressions for the overall US population and for groups identified based on gender and rac...
Risk communication clarity and insurance demand: The case of the COVID-19 pandemic [0.03%]
风险沟通的明晰性与保险需求:以COVID-19疫情为例
Jingbing Feng,Xian Xu,Hong Zou
Jingbing Feng
We study how the clarity of COVID-19 risk communications affects COVID-19 insurance demand using proprietary prefecture-level insurance data from China. We find that when local disclosures of COVID-19 risk contain case origin information, l...
Forecasting the propagation of pandemic shocks with a dynamic input-output model [0.03%]
基于动态投入产出模型的疫情冲击传播预测
Anton Pichler,Marco Pangallo,R Maria Del Rio-Chanona et al.
Anton Pichler et al.
We introduce a dynamic disequilibrium input-output model that was used to forecast the economics of the COVID-19 pandemic. This model was designed to understand the upstream and downstream propagation of the industry-specific demand and sup...
Roberta Cardani,Olga Croitorov,Massimo Giovannini et al.
Roberta Cardani et al.
This paper augments the European Commission's open-economy DSGE model (GM) with COVID-specific shocks ('forced savings', labour hoarding) and financially-constrained investors to account for the extreme volatility of private domestic demand...
Macroeconomic expectations, central bank communication, and background uncertainty: A COVID-19 laboratory experiment [0.03%]
宏观经济预期、中央银行沟通和背景不确定性:一项关于COVID-19的实验室实验
Luba Petersen,Ryan Rholes
Luba Petersen
This paper explores the robustness of laboratory expectation formation and public signal credibility to external uncertainty shocks and online experimentation. We exploit the recent pandemic as a source of exogenous background uncertainty i...
Optimal age-Based vaccination and economic mitigation policies for the second phase of the covid-19 pandemic [0.03%]
针对新冠肺炎疫情第二阶段的最优年龄分层疫苗接种和经济缓解策略
Andrew Glover,Jonathan Heathcote,Dirk Krueger
Andrew Glover
In this paper we ask how to best allocate a given time-varying supply of vaccines during the second phase of the Covid-19 pandemic across individuals of different ages. Building on our previous heterogeneous household model of optimal econo...
Yongseok Shin,Guillaume Vandenbroucke
Yongseok Shin