Showing 1 - 10 of 292
We contrast the canonical epidemiological SIR model due to Kermack and McKendrick (1927) with more tractable alternatives that offer similar degrees of "realism" and exibility. We provide results connecting the different models which can be exploited for calibration purposes. We use the expected...
Persistent link: https://www.econbiz.de/10012226626
This paper analyses the effects of containment measures and monetary and fiscal responses on US financial markets during the Covid-19 pandemic. More specifically, it applies fractional integration methods to analyse their impact on the daily S&P500, the US Treasury Bond Index (USTB), the S&P...
Persistent link: https://www.econbiz.de/10012584220
Building on the epidemiological SIR model we present an economic model with heterogeneous individuals deriving utility from social contacts creating infection risks. Focusing on social distancing of individuals susceptible to an infection we theoretically analyze the gap between private and...
Persistent link: https://www.econbiz.de/10012226761
We employ a new macro-epidemiological agent based model to evaluate the "lives vs livelihoods" trade-off brought to the fore by Covid-19. The disease spreads across the networks of agents’ social and economic contacts and feeds back on the economic dimension of the model through various...
Persistent link: https://www.econbiz.de/10012387645
This paper analyses the impact of the Covid-19 pandemic on stock market returns and their volatility in the case of the G20 countries. In contrast to the existing empirical literature, which typically focuses only on either Covid-19 deaths or lockdown policies, our analysis is based on a...
Persistent link: https://www.econbiz.de/10012622463
This paper presents a first model integrating the relation between biodiversity loss and zoonose pandemic risks in a general equilibrium dynamic economic set-up. The occurrence of pandemics is modeled as Poissonian leaps in economic variables. The planner can intervene in the economic and...
Persistent link: https://www.econbiz.de/10012263718
On 3 June 2020, the German government announced a EUR 130 billion fiscal stimulus package to stimulate market demand and jumpstart the economy in the wake of the COVID-19 pandemic lockdown in the spring of 2020. The most prominent measure of this package is an unconventional fiscal policy in the...
Persistent link: https://www.econbiz.de/10012388013
In this paper, we investigate the impact of the COVID-19 pandemic on German household income using a micro-level approach. We combine a microsimulation model with labour market transition techniques to simulate the COVID-19 shock on the German labour market. We find the consequences of the...
Persistent link: https://www.econbiz.de/10012513311
Die öffentlichen Verwaltungen in Deutschland stehen vor großen Herausforderungen. Vor allem die Bürger erwarten ein … öffentlichen Hand - Steuerung der Verwaltung durch die Balanced Score Card - Bürgerorientierte Qualität: Prozesse - Verschlankung …
Persistent link: https://www.econbiz.de/10013506048
entwickelt der Autor ein spezifisches Controllingkonzept für die öffentliche Verwaltung. Abgerundet wird die Thematik durch eine …" richtet sich in erster Linie an die Studierenden der Fachhochschulen für öffentliche Verwaltung. Darüber hinaus ist es auch …. Dr. Klaus Homann lehrt Öffentliche Betriebswirtschaftslehre an der Fachhochschule für öffentliche Verwaltung Nordrhein-Westfalen …
Persistent link: https://www.econbiz.de/10013517366