Because the COVID-19 recession was partly self-induced, the tendency is to assume it will be short. This was the rationale behind President Trump’s since-abandoned proposal to reopen the economy in mid-April.
COVID-19 shocksEnergy consumptionEconomic growthClimate changeEnergy shortfalThe pandemic shock puts the world on quarantine and paused economic operations that affected energy consumption and economic output. This study analyzed the impact of the COVID-19 shock on GDP, energy consumption, and climate...
Helge Pedersen:I am convinced that the COVID-19 vaccines will play a key role in the development of the world economy. Already when the first vaccines were approved, there was a clear reaction in the financial markets, and the real economy is affected as the rollout takes off. This is a...
Research shows that the supply and demand for talent in some industries have been affected by COVID-19. The pandemic could also affect what people want to pursue as a career, and the choice of major which students choose to pursue at universities. How is it going to affect job seek...
Over the past three years, the COVID-19 pandemic has affected billions of people around the world, and across the U.S. business owners were forced to find ways to adapt. To discuss the impact and how it has changed the business world, we are joined by Dr
the causal impact on hotel revenue was in the 8 to 10% range; moreover, we showed that the impact of Airbnb was non-uniform, with lower-priced hotels and those hotels not catering to business travelers being the most affected. We were among the first academics studying the sharing economy...
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How will personal care and beauty categories perform after the outbreak of Covid-19? We have the following predictions: 1. Short-term influence on hair care During SARS outbreak in 2003 there was no official quarantine policy from government so most consumers still maintained their regular pace...
COVID-19 pandemicThis paper studies how inflation beliefs reported in the New York Fed's Survey of Consumer Expectations have evolved since the start of the COVID-19 pandemic. Wdoi:10.2139/ssrn.3742949Armantier, OlivierKoar, GizemPomerantz, Rachel...
Examining what worked in response to previous crises can help policy makers as they make plans to revive the US economy after COVID-19.