The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
The Global Macroeconomic Impacts of COVID-19: Seven Scenarios
Abstract
COVID-19 has disrupted the Chinese economy and is spreading globally. The evolution of the disease and its economic impacts are highly uncertain, making formulation of appropriate macroeconomic policy responses challenging. This paper explores seven plausible scenarios of COVID-19 and the macroeconomic outcomes using a global hybrid DSGE/CGE general equilibrium model. The results demonstrate that even a contained outbreak could significantly impact the global economy in the short run. Economic costs could be significantly avoided with greater investment in public health systems in all economies, particularly in economies where health care systems are less developed and population density is high.
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Cites
Discretion versus policy rules in practice
Taylor, J. B. (1993) · Carnegie-Rochester Conference Series on Public Policy · doi:10.1016/0167-2231(93)90009-l · Cited by 9,065
The GTAP Data Base: Version 10
Center for Global Trade Analysis, P. U., Aguiar, A., Chepeliev, M., Corong, E. L., McDougall, R., & van der Mensbrugghe, D. (2019) · Journal of Global Economic Analysis · doi:10.21642/jgea.040101af · Cited by 551
Cited by
Sibley, C. G., Greaves, L. M., Satherley, N., Wilson, M. S., Overall, N. C., Lee, C. H. J., Milojev, P., Bulbulia, J., Osborne, D., Milfont, T. L., et al. (2020) · American Psychologist · doi:10.1037/amp0000662 · Cited by 804
Bashir, M. F., MA, B. J., Bilal, Komal, B., Bashir, M. A., Farooq, T. H., Iqbal, N., & Bashir, M. (2020) · Environmental Research · doi:10.1016/j.envres.2020.109652 · Cited by 452
The benefits and costs of using social distancing to flatten the curve for COVID-19
Thunström, L., Newbold, S. C., Finnoff, D., Ashworth, M., & Shogren, J. F. (2020) · Journal of Benefit-Cost Analysis · doi:10.1017/bca.2020.12 · Cited by 439
COVID-19 Pandemic, a War to be Won: Understanding its Economic Implications for Africa
Ataguba, J. E. (2020) · Applied Health Economics and Health Policy · doi:10.1007/s40258-020-00580-x · Cited by 295
Complicated Grief: What to Expect After the Coronavirus Pandemic
Gesi, C., Carmassi, C., Cerveri, G., Carpita, B., Cremone, I. M., & Dell'Osso, L. (2020) · Frontiers in Psychiatry · doi:10.3389/fpsyt.2020.00489 · Cited by 207
Metadata
- Authors
- McKibbin, W., & Fernando, R.
- Venue
- Asian Economic Papers
- Publisher
- MIT Press
- Published
- 2021
- Volume
- 20
- Issue
- 2
- Pages
- 1-30
- ISSN
- 1535-3516 (ISSN-L)
- 1536-0083
- OpenAlex
- W3123012880
- Cited by
- 697
- References
- 2
- FWCI
- 121.02
- Type
- journal article
- Language
- en
- Open access
- closed
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