COVID-19

COVID-19

Identification and Estimation of Undetected COVID-19 Cases Using Testing Data from Iceland

James J. Stock et al In the early stages of the pandemic, testing targeted individuals whose symptoms and/or jobs placed them at a high presumed risk of infection. This potentially results in a high proportion of cases going undetected. In an update of our April paper, we use public data from two Icelandic testing regimes […] 
Economic Outlook Survey

Round 03 – FiveThirtyEight/IGM COVID-19 Economic Outlook

This is the third round of the FiveThirtyEight/IGM COVID-19 Economic Outlook survey. This survey series is overseen by Professors Allan Timmermann and Jonathan Wright. The list of experts answering the questions is identified in the post along with the responses. Individual responses are anonymous. A simple summary of responses of Round 03 appears here on […] 
COVID-19

Will COVID-19 be Followed by Inflation? An Inter-Generational Transfer Perspective

Lubos Pastor Governments around the world are spending mightily to deal with the fallout of the COVID-19 crisis. When the dust settles, the burden of public debt will be much heavier than it is today. Some countries’ debt-to-GDP ratios are likely to grow by more than 20%. How will policymakers deal with this mountain of […] 
COVID-19

Revenge of the Experts: Will COVID-19 Renew or Diminish Trust in Science?

Cevat Giray Aksoy, Barry Eichengreen, Orkun Saka It is argued that COVID-19 will reverse the ongoing trend of challenging the value of science and the integrity of scientists. This column shows that exposure to epidemics in one’s country of residence during the ‘impressionable years’ of ages 18 to 25 has no impact on confidence in […] 
COVID-19

So Far So Good: And Now Don’t be Afraid of Moral Hazard

Charles Wyplosz Within a few days of the publication of the first Vox eBook on Covid-19, the authorities came up with a raft of decisions that were coherent with the economists’ analyses. But there is a risk that moral hazard considerations derail the policy responses. This column, taken from the second Covid-19 eBook, argues that […] 
Economic Outlook Survey

Round 02 – FiveThirtyEight/IGM COVID-19 Economic Outlook

This is the second round of the FiveThirtyEight/IGM COVID-19 Economic Outlook survey. This survey series is overseen by Professors Allan Timmermann and Jonathan Wright. The list of experts answering the questions is identified in the post along with the responses. Individual responses are anonymous. A simple summary of responses of Round 02 appears here on […]