A Literature Review of the Economics of Covid-19
63 Pages Posted: 29 Jun 2020
Abstract
The goal of this piece is to survey the emerging and rapidly growing literature on the economic consequences of COVID-19 and government response, and to synthetize the insights emerging from a very large number of studies. This survey (i) provides an overview of the data sets used to measure social distancing and COVID-19 cases and deaths; (ii) reviews the literature on the determinants of compliance and effectiveness of social distancing; (iii) summarizes the literature on the socio-economic consequences of COVID-19 and government interventions, focusing on labor, health, gender, discrimination and environmental aspects; and (iv) discusses policy proposals.
Keywords: COVID-19, coronavirus, employment, lockdowns
JEL Classification: E00, I15, I18, J20
Suggested Citation: Suggested Citation