Showing 1 - 10 of 697
This paper evaluates the risk of zombification of the French economy during the sanitary crisis, as a result of the unconditional financial support provided to firms by public authorities. We develop a simple theoretical framework based on a partial-equilibrium model to simulate the liquidity...
Persistent link: https://www.econbiz.de/10014080049
We study the impact of the Belgium lockdown on retail prices using a unique dataset tracking daily prices and … promotions during the first two weeks of the lockdown, and the presence of local pricing retail chains (LP) competing with …, retailers, products, and over time. We show that LP chains reacted the most to the lockdown with spatial heterogeneity. The …
Persistent link: https://www.econbiz.de/10013227611
We examine the impact of the rapid spread of the COVID-19 pandemic and the nationwide movement restrictions on socio-economic attitudes in four European countries (France, Germany, Spain, and the United Kingdom). We conducted large-scale surveys while the pandemic rapidly spread before and after...
Persistent link: https://www.econbiz.de/10013250037
In response to the Covid-19 outbreak the Italian Government imposed an economic lockdown on March 22, 2020 and ordered … population across municipalities induced by the economic lockdown. The difference-in-differences empirical design compares … outcomes in municipalities above and below the median variation in the share of active population before and after the lockdown …
Persistent link: https://www.econbiz.de/10013231388
We employ hourly electricity load data for Switzerland as a real time indicator of the economic effects of the lockdown … following the spread of SARS-CoV-2. Our findings reveal that following the drastic lockdown, overall electricity use decreased …
Persistent link: https://www.econbiz.de/10012830989
We develop a multiple-events model and exploit within and between country variation in the timing, type and level of intensity of various non-pharmaceutical interventions to study their dynamic effects on the daily incidence of COVID-19 and on population mobility patterns across 135 countries....
Persistent link: https://www.econbiz.de/10012832076
measure to 35 percent with a strong containment measure; second, recovery from recession emerges when the lockdown policy is … relaxed. On that basis, the output would return to its pre-lockdown level by the end of 2021; third, a return infection is …
Persistent link: https://www.econbiz.de/10012826008
Countries worldwide have implemented lockdown measures to contain the COVID-19 pandemic. After more than three months … message is that there is no “health vs. economics” dichotomy. Rather, some degree of lockdown is typically optimal in crisis … like this, balancing its economic costs against its health benefits. Moreover, the optimal lockdown is dynamic, changes …
Persistent link: https://www.econbiz.de/10012826065
risk exposure affect the welfare effect of lockdowns? This paper examines the ‘welcomed lockdown’ hypothesis, namely the … differential timing of the effect of the pandemic across European countries, and the different stringency of lockdown to examine … anxiety and depression are explained by mortality and stringency of lockdown measures using ad event study that draws on …
Persistent link: https://www.econbiz.de/10014082164
rules during the first COVID-19 lockdown in Germany and draws on unique data from the 2019 and 2020 waves of the German AID …
Persistent link: https://www.econbiz.de/10013227607