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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP15393 |
DP15393 Macroeconomic Outcomes and COVID-19: A Progress Report | |
Jesus Fernandez-Villaverde; Chad Jones | |
发表日期 | 2020-10-21 |
出版年 | 2020 |
语种 | 英语 |
摘要 | This paper combines data on GDP, unemployment, and Google's COVID-19 Community Mobility Reports with data on deaths from COVID-19 to study the macroeconomic outcomes of the pandemic. We present results from an international perspective using data at the country level as well as results for individual U.S. states and key cities throughout the world. The data from these different levels of geographic aggregation offer a remarkably similar view of the pandemic despite the substantial heterogeneity in outcomes. Countries like Korea, Japan, Germany, and Norway and cities such as Tokyo and Seoul have comparatively few deaths and low macroeconomic losses. At the other extreme, New York City, Lombardy, the United Kingdom, and Madrid have many deaths and large macroeconomic losses. There are fewer locations that seem to succeed on one dimension but suffer on the other, but these include California and Sweden. The variety of cases potentially offers useful policy lessons regarding how to use non-pharmaceutical interventions to support good economic and health outcomes. |
主题 | Monetary Economics and Fluctuations |
关键词 | Macroeconomic outcomes Covid-19 Mortality Mobility reports |
URL | https://cepr.org/publications/dp15393 |
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/544379 |
推荐引用方式 GB/T 7714 | Jesus Fernandez-Villaverde,Chad Jones. DP15393 Macroeconomic Outcomes and COVID-19: A Progress Report. 2020. |
条目包含的文件 | 条目无相关文件。 |
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