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with endogenous dynamics for the pandemic. There are three main results. First, the macroeconomic effects of the epidemic …
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"Pandemic Economics applies economic theory to the Covid-19 era, exploring the micro and macro dimensions of the pre-pandemic, pandemic and post-pandemic phases. Using core economic tools such as marginal analysis, cost-benefit analysis and opportunity cost, this book explores the breadth of...
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The COVID-19 pandemic has produced a global health and economic crisis. The entire world has faced a trade-off between …' preliminary stylized facts during the COVID-19 pandemic. In particular, a temporary lockdown policy reduces the epidemic's size …
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In lower-income countries, the economic contractions that accompany lockdowns to contain the spread of COVID-19 can increase child mortality, counteracting the mortality reductions achieved by the lockdown. To formalize and quantify this effect, we build a macro-susceptible-infected-recovered...
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may be understated if the impact of the coronavirus recession is neglected. …
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The collapse of economic activity in 2020 from COVID-19 has been immense. An important question is how much of that resulted from government restrictions on activity versus people voluntarily choosing to stay home to avoid infection. This paper examines the drivers of the collapse using cellular...
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