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The macroeconomics of age-varying epidemics
21 July 2020
A new working paper from Marta Giagheddu and Andrea Papetti illustrates the pros and cons of different combinations of economic shutdown and targeted social distancing with a special focus on the dimension of intergenerational contacts.
What policies address both the coronavirus crisis and the climate crisis?
17 June 2020
In a new paper, network members Niko Jaakkola and Daniel Spiro with co-authors analyse policies that would jointly address the coronavirus economic crisis and the climate crisis.
The Riksbank's new real-time indicators
12 June 2020
To gain a rapid estimate of how the coronavirus pandemic is affecting the Swedish economy and labour market, the Riksbank has expanded its collection and compilation of high-frequency data, known as real-time indicators. The Riksbank has opened an experimental public channel, through which academics and private companies can contribute data and visualisations in real time. These indicators are used for analysis and some of them are also reported in the Monetary Policy Reports.
GDP development in Sweden relative to other countries in the wake of Covid-19
12 June 2020
Swedish GDP closely follows that of our most important trading partners. In this Economic Commentary, network member Paola Di Casola and co-authors Y. Akkaya, C.-J. Belfrage and V. Corbo (Monetary Policy Department, Riksbank) discuss some of the reasons why the relationship between Sweden's and other countries’ GDP development may differ from what we have observed historically.
Swedish high-frequency economic data
10 June 2020
The Riksbank has put together a database with high-frequency data about the Swedish economy. Other government agencies have taken similar initiatives.
On the optimal ‘lockdown’ during an epidemic
03 June 2020
Network member Dirk Niepelt and coauthor Martín Gonzalez-Eiras embed lockdown choice in a simplified SIR model and solve for the optimal length and intensity of lockdown, assuming a trade-off between health and output.
Individual welfare costs of stay-at-home orders
28 May 2020
In a new paper, SSE-CERN network members Erik Wengström and Ola Andersson with co-authors estimate that a one-month stay-at-home order would give a welfare loss of around 9 percent of Sweden's monthly GDP.
Real-time analysis using administrative data
26 May 2020
Helsinki Graduate School of Economics has set up a "Situation Room" that allows researchers, government and the wider public to perform real-time analysis of the Finnish economy. We asked one of the researchers behind the initiative about it.
IMF’s growth forecasts for non-advanced economies
25 May 2020
The IMF’s assessment is that growth will decline by 8.4 percentage points for the advanced economies from 2019 to 2020 and by only 5.3 percentage points for emerging markets and developing economies. What drives the optimistic forecasts made by the IMF for non-advanced economies?
An estimate of the cost of lockdown
24 May 2020
A new working paper by researchers at University of Copenhagen and CEPI uses transaction data from a large bank in Scandinavia to estimate the effect of social distancing laws on consumer spending in the COVID-19 pandemic.