Busato, Francesco; Chiarini, Bruno; Cisco, Gianluigi; … - In: Economia : revista da ANPEC 22 (2021) 3, pp. 198-213
The COVID-19 pandemic has produced a global health and economic crisis. The entire world has faced a trade-off between … health and recessionary effects. This paper investigates this trade-off according to a macro-dynamic perspective. We set up … endogenous dynamics for the pandemic, variable labor utilization, and four lockdown policies with different degrees of size and …