Fiscal Studies - vol. 41 n° 2 -
"The COVID‐19 pandemic and the subsequent measures of social distancing are having a huge impact on the economy. Many businesses were asked to close down temporarily or are facing serious operational challenges, while others are experiencing a sharp increase in the demand for their services. Many individuals have lost work, either because jobs closed down temporarily or permanently or because they present health risks to which the individuals are vulnerable. Schools closed down and many parents are shouldering the entirety of the childcare and educational needs of their children. The economy came to a sudden standstill and the magnitude of the recession that is upon us is now becoming evident."
"The COVID‐19 pandemic and the subsequent measures of social distancing are having a huge impact on the economy. Many businesses were asked to close down temporarily or are facing serious operational challenges, while others are experiencing a sharp increase in the demand for their services. Many individuals have lost work, either because jobs closed down temporarily or permanently or because they present health risks to which the individuals ...
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