Some micro/macro insights on the economics of coronavirus. Part 1: Impact assessment and economic measures
Article
"Economists have long argued that there is a conflict between the need to make individuals and companies accountable on the one hand, and the need to share risks effectively on the other. This column, the first in a three-part series, argues that in the context of COVID-19, the reluctance to share risk based on ‘moral hazard' has no reason to exist, and discusses how the socialisation of losses could be implemented."
Digital
The ETUI is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the ETUI.