G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14744
DP14744 The lockdown effect: A counterfactual for Sweden
Benjamin Born; Alexander Dietrich; Gernot Müller
发表日期2020-05-11
出版年2020
语种英语
摘要While most countries imposed a lockdown in response to the first wave of COVID-19 infections, Sweden did not. To quantify the lockdown effect, we approximate a counterfactual lockdown scenario for Sweden through the outcome in a synthetic control unit. We find, first, that a 9-week lockdown in the first half of 2020 would have reduced infections and deaths by about 75% and 38%, respectively. Second, the lockdown effect starts to materialize with a delay of 3-4 weeks only. Third, the actual adjustment of mobility patterns in Sweden suggests there has been substantial voluntary social restraint, although the adjustment was less strong than under the lockdown scenario. Lastly, we find that a lockdown would not have caused much additional output loss.
主题International Macroeconomics and Finance ; Monetary Economics and Fluctuations
关键词Covid-19 Lockdown Counterfactual Synthetic control unit Voluntary social restraint Google mobility reports Output loss
URLhttps://cepr.org/publications/dp14744-1
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/543668
推荐引用方式
GB/T 7714
Benjamin Born,Alexander Dietrich,Gernot Müller. DP14744 The lockdown effect: A counterfactual for Sweden. 2020.
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