The Great Lockdown: International Risk Sharing Through Trade and Policy Coordination

The Great Lockdown: International Risk Sharing Through Trade and Policy Coordination
Voluntary and government-mandated lockdowns in response to COVID-19 have caused causing drastic reductions in economic activity around the world. We present a parsimonious two-country-SIR model with some degree of substitutability between home and foreign goods, and show that trading partners’ asynchronous entries into the global pandemic induce... READ MORE...

Publication date: November 2020
ISBN 9781513560182
$18.00

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Publication date: November 2020

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