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. But this idea is incorrect. As long as there is significant community spread of ...
The pandemic had a significant negative impact on the global economy, it caused a recession which economists eventually called "The Coronavirus Rescission". TheSocial Science Electronic Publishing
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...
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...
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...
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
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...
The COVID-19 crisis is affecting the entire world economy and of Africa in particular. No single country, state or Kingdom on the globe is left out from the consequences of the pandemic outbreak that has been devastatin...
It’s going to be many months – if not years – before we understand all the impacts of the Covid-19 pandemic. Human, societal, cultural, and economic, the virus’s effects will touch everyone’s lives. They also look set to shake up retail and commerce permanently. ...
COVID-19 has hit the global economy in strange ways. The obvious economic impacts include unemployment levels and problems with the stock market, but a surprising effect has been how common it is to now consider the prices of toilet paper and face masks — prices that were definitely not on...