In the absence of a treatment or vaccine, there are two options for managing Covid-19: confinement or herd immunity. Christian Gollier uses standardized guidelines to identify ‘optimal’ herd immunity policies but warns that the moral concerns go against decades of policy evaluation practice.
The Covid-19 crisis may not have a financial cause, but its shocks closely resemble the Great Depression of the 1930s. Can European banks recover from the Covid-19 crash test?
German, Spanish and Austrian firms in construction, industry, services and retail were asked about the effects of Covid-19 on expected annual turnover and their ability to survive. The results are alarming, with potential bankruptcies of up to 80%.
Covid-19 throws us into an unprecedented debt crisis and the road to recovery is long and winding – but it’s one we have to take, says Stefano Schiavo.
What are the likely scenarios for the Eurozone after the coronavirus pandemic? Our third CEPS and EconPol Europe Lunch Debate will be held online on 5 June with Luigi Bonatti, Daniel Gros and Nicola Rossi. Register to take part.
In the first of our series of Policy Research Live online debates, Antonia Díaz and Clemens Fuest discussed the policy options available for the Eurozone and asked whether a European Recovery Fund is an effective policy measure to deal with Covid-19 consequences.
The second CESifo-EconPol Europe Workshop, on Public Policy Evaluation and Optimal Policy Design, will be held in Munich on 15-16 October. Researchers are invited to submit proposals before 15 July. Call for papers and more information.
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Published: ifo Institute for Economic Research at the University of Munich,
Email: newsletter@econpol.eu;
Editor: Juliet Shaw.
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