A Literature Review of the Economics of COVID-19

Overview

Journal J Econ Surv

Date 2021 Jul 7

PMID 34230772

Citations 165

Authors

Abel Brodeur

David Gray

Anik Islam

Suraiya Bhuiyan

Affiliations

Soon will be listed here.

Abstract

The goal of this piece is to survey the developing and rapidly growing literature on the economic consequences of COVID-19 and the governmental responses, and to synthetize the insights emerging from a very large number of studies. This survey: (i) provides an overview of the data sets and the techniques employed to measure social distancing and COVID-19 cases and deaths; (ii) reviews the literature on the determinants of compliance with and the effectiveness of social distancing; (iii) mentions the macroeconomic and financial impacts including the modelling of plausible mechanisms; (iv) summarizes the literature on the socioeconomic consequences of COVID-19, focusing on those aspects related to labor, health, gender, discrimination, and the environment; and (v) summarizes the literature on public policy responses.

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