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In this paper, we investigate how a transitory lockdown of a sector of the economy may have changed our habits and, therefore, altered the goods' demand permanently. In a two-sector infinite horizon economy, we show that the demand of the goods produced by the sector closed during the lockdown...
Persistent link: https://www.econbiz.de/10013302699
Persistent link: https://www.econbiz.de/10015071606
In this paper, we investigate how a transitory lockdown of a sector of the economy may have changed our habits and, therefore, altered the goods’ demand permanently. In a two-sector infinite horizon economy, we show that the demand of the goods produced by the sector closed during the lockdown...
Persistent link: https://www.econbiz.de/10014242856
Persistent link: https://www.econbiz.de/10010411301
Persistent link: https://www.econbiz.de/10009535799
Persistent link: https://www.econbiz.de/10011342979