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Economics in the Time of COVID-19
COVID-19 is spreading human suffering worldwide; that is what we should all be focused on. But we are not doctors. We are economists – and COVID-19 is most definitely spreading economic suffering worldwide. The virus may in fact be as contagious economically as it is medically.
Joining the OECD’s dire growth forecast of 2 March 2020, the European Commission said on 4 March 2020 that both Italy and France are at risk of slipping into recession, and the IMF said it sees “more dire” possibilities ahead for the global economy. This book is an extraordinary effort for extraordinary times. On Thursday 27 February, we emailed a group of leading economists to see if they’d contribute to the effort.
The authors responded and the eBook came together literally over the weekend (the deadline for contributions was Monday 2 March 2020). The eBook is a testimony to the power of collaboration in a network that has the size, speed, flexibility, and talent of CEPR.
The key economic questions addressed in the book are: How, and how far and fast, will the economic damage spread? How bad will it get? How long will the damage last? What are the mechanisms of economic contagion? And, above all, what can governments do about it?
INTRODUCTION. Richard Balwin, Beatrice Weder di Mauro;
MACROECONOMICS OF THE FLU. Beatrice Weder di Mauro;
TACKLING THE FALLOUT FROM COVID-19. Laurence Booe, David Haugh, Nigel Pain, Veronique Salins;
THE ECONOMIC IMPACT OFCOVID-19. Warwick McKibbin, Roshen Fernando;
NOVEL CORONAVIRUS HURTS THE MIDDLE EAST AND NORTH AFRICA THROUGH MANY CHANNELS. Rabah Arezki, Ha Nguyen;
THINKING AHEAD ABOUT THE TRADE IMPACT OF COVID-19. Richard Balwin, Eiichi Tomiura;´
FINANCE IN THE TIMES OF CORONAVIRUS. Thorsten Beck;
CONTAGION: BANK RUNS AND COVID-19. Stephen G. Cecchetti, Kermit L. Schoenholtz;
REAL AND FINANCIAL LENSES TO ASSESS THE ECONOMIC CONSEQUENCES OF COVID-19. Catherine L. Mann;
AS CORONAVIRUS SPREADS, CAN THE EU AFFORD TO CLOSE ITS BORDERS?. Raffaella Meninno, Guntram Wolff;
TRADE AND TRABEL IN THE TIME OF EPIDEMICS. Joachim Voth;
ON PLAGUE IN A TIME OF EBOLA. Cormac Ó Gráda;
CORONAVIRUS MONETARY POLICY. John H. Cochrane;
THE ECONOMIC EFFECTS OF A PANDEMIC. Simon Wren-Lewis;
THE GOOD THING ABOUT CORONAVIRUS. Charles Wyplosz.
- Formato: PDF
- Número de páginas: 123
- Tamaño: 2.457 Kb.
COVID-19 is spreading human suffering worldwide; that is what we should all be focused on. But we are not doctors. We are economists – and COVID-19 is most definitely spreading economic suffering worldwide. The virus may in fact be as contagious economically as it is medically.
Joining the OECD’s dire growth forecast of 2 March 2020, the European Commission said on 4 March 2020 that both Italy and France are at risk of slipping into recession, and the IMF said it sees “more dire” possibilities ahead for the global economy. This book is an extraordinary effort for extraordinary times. On Thursday 27 February, we emailed a group of leading economists to see if they’d contribute to the effort.
The authors responded and the eBook came together literally over the weekend (the deadline for contributions was Monday 2 March 2020). The eBook is a testimony to the power of collaboration in a network that has the size, speed, flexibility, and talent of CEPR.
The key economic questions addressed in the book are: How, and how far and fast, will the economic damage spread? How bad will it get? How long will the damage last? What are the mechanisms of economic contagion? And, above all, what can governments do about it?
INTRODUCTION. Richard Balwin, Beatrice Weder di Mauro;
MACROECONOMICS OF THE FLU. Beatrice Weder di Mauro;
TACKLING THE FALLOUT FROM COVID-19. Laurence Booe, David Haugh, Nigel Pain, Veronique Salins;
THE ECONOMIC IMPACT OFCOVID-19. Warwick McKibbin, Roshen Fernando;
NOVEL CORONAVIRUS HURTS THE MIDDLE EAST AND NORTH AFRICA THROUGH MANY CHANNELS. Rabah Arezki, Ha Nguyen;
THINKING AHEAD ABOUT THE TRADE IMPACT OF COVID-19. Richard Balwin, Eiichi Tomiura;´
FINANCE IN THE TIMES OF CORONAVIRUS. Thorsten Beck;
CONTAGION: BANK RUNS AND COVID-19. Stephen G. Cecchetti, Kermit L. Schoenholtz;
REAL AND FINANCIAL LENSES TO ASSESS THE ECONOMIC CONSEQUENCES OF COVID-19. Catherine L. Mann;
AS CORONAVIRUS SPREADS, CAN THE EU AFFORD TO CLOSE ITS BORDERS?. Raffaella Meninno, Guntram Wolff;
TRADE AND TRABEL IN THE TIME OF EPIDEMICS. Joachim Voth;
ON PLAGUE IN A TIME OF EBOLA. Cormac Ó Gráda;
CORONAVIRUS MONETARY POLICY. John H. Cochrane;
THE ECONOMIC EFFECTS OF A PANDEMIC. Simon Wren-Lewis;
THE GOOD THING ABOUT CORONAVIRUS. Charles Wyplosz.
- Formato: PDF
- Número de páginas: 123
- Tamaño: 2.457 Kb.
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