The global effects of Covid-19-induced uncertainty

By Giovanni Caggiano, Efrem Castelnuovo, Richard Kima. Economics Letters, 2020

177 citations recorded by the source corpus.

We estimate a VAR with world-level variables to simulate the effects of the Covid-19 outbreak-related uncertainty shock. We find a peak (cumulative over one year) negative response of world output of 1.6% (14%).

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/2ce4da1b80c91370895f8185c5f29c69d5d728e5

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In Economics and Econometrics

1. B. Algharabali
2. S. Althaqeb
3. Khaled Tareq Alabdulghafour

Citations in the corpus

• The pandemic and economic policy uncertainty (2020, background): “The COVID-19 pandemic significantly increased levels of uncertainty in various aspects of daily life (Caggiano et al., 2020), and many aspects of the virus remain unknown to medical experts and epidemiologists (Fauci, Lane, & Redfield, 2020).”