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Based on a new concept called “Turning Period”, the goal of this report is to show how we can conduct the prediction for the outlook in the different stages for the battle with outbreak of COVID-19 currently in US, in particular, to identify when each of top 15 states in USA (basically on...
Persistent link: https://www.econbiz.de/10012837129
This paper describes a weekly economic index (WEI) developed to track the rapid economic developments associated with the response to the novel Coronavirus in the United States. The WEI shows a strong and sudden decline in economic activity starting in the week ending March 21, 2020. In the most...
Persistent link: https://www.econbiz.de/10012837195
In response to the mounting threat of COVID-19, we added questions to an ongoing food preference study held at Louisiana State University from March 3-12 of 2020. We asked 356 participants: (1) In your opinion, how likely is it that the spread of COVID-19 (the coronavirus) will cause a public...
Persistent link: https://www.econbiz.de/10012837433
If a policy aimed at containing an epidemic relies on lockdown, then the ability of people to comply with the lockdown will affect how effectively the disease is contained. This paper presents widespread evidence that, during the COVID-19 pandemic in the United States, the decline in human...
Persistent link: https://www.econbiz.de/10012837440
Much of the long-term impact of the COVID-19 pandemic will depend on how the US government manages the disruption this pandemic causes to Americans' way of life. The long-term lessons and policies resulting from this experience will reshape the country's future. In this brief, I will address two...
Persistent link: https://www.econbiz.de/10012837510
Anecdotal evidences point to effectiveness of COVID-19 social distancing policies, however, their effectiveness vis-a-vis what is driven by public awareness and voluntary actions have not been studied. Policy variations across US states create a natural experiment to study the causal impact of...
Persistent link: https://www.econbiz.de/10012837528
In this brief, we provide a back-of-the-envelope estimate of the impact of current mitigation measures on the 2020 GDP growth rate. That impact varies by industry, and we are able to identify this variation by adopting a simple but plausible assumption: industries will remain in business in...
Persistent link: https://www.econbiz.de/10012837601
It has been 70 days since the first case of COVID-19 was detected in the US. Since then it has spread and grown in all but 2 of 376 MSAs and all but 45 of the 636 counties that are contained in these MSA. In this paper we examine the determinants of how rapidly the virus grows once it has been...
Persistent link: https://www.econbiz.de/10012837621
We estimate the macroeconomic impacts of mandatory business closures in the U.S. and many other countries in order to control the spread of the COVID-19. The analysis is based on the application of a modified version of the GTAP computable general equilibrium (CGE) model. We simulate mandatory...
Persistent link: https://www.econbiz.de/10012837715
The COVID-19 pandemic continues to grow in the United States and, in the absence of a vaccine or effective treatment, social distancing measures are essential to slow the spread of this disease. Using cellular mobility data from 2019 and 2020, I demonstrate that there have been substantial...
Persistent link: https://www.econbiz.de/10012837809