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Online Appendix to "Pandemic Lockdown: The Role of Government Commitment"

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  • Christian Moser

    (Columbia University)

  • Pierre Yared

    (Columbia University)

Abstract

Online appendix for the Review of Economic Dynamics article

Suggested Citation

  • Christian Moser & Pierre Yared, 2021. "Online Appendix to "Pandemic Lockdown: The Role of Government Commitment"," Online Appendices 20-442, Review of Economic Dynamics.
  • Handle: RePEc:red:append:20-442
    Note: The original article was published in the Review of Economic Dynamics
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    File URL: https://economicdynamics.org/appendix/20/20-442/MY2021_online_appendix.pdf
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    References listed on IDEAS

    as
    1. Marina Halac & Pierre Yared, 2018. "Fiscal Rules and Discretion in a World Economy," American Economic Review, American Economic Association, vol. 108(8), pages 2305-2334, August.
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    6. Daron Acemoglu & Victor Chernozhukov & Iván Werning & Michael D. Whinston, 2021. "Optimal Targeted Lockdowns in a Multigroup SIR Model," American Economic Review: Insights, American Economic Association, vol. 3(4), pages 487-502, December.
    7. David Berger & Kyle Herkenhoff & Chengdai Huang & Simon Mongey, 2022. "Testing and Reopening in an SEIR Model," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 43, pages 1-21, January.
    8. Scott R. Baker & Nicholas Bloom & Steven J. Davis & Stephen J. Terry, 2020. "COVID-Induced Economic Uncertainty," NBER Working Papers 26983, National Bureau of Economic Research, Inc.
    9. Marina Halac & Pierre Yared, 2014. "Fiscal Rules and Discretion Under Persistent Shocks," Econometrica, Econometric Society, vol. 82(5), pages 1557-1614, September.
    10. Hassan, Tarek Alexander & Hollander, Stephan & Schwedeler, Markus & Tahoun, Ahmed & van Lent, Laurence, 2020. "Firm-Level Exposure to Epidemic Diseases: Covid-19, SARS, and H1N1," CEPR Discussion Papers 14573, C.E.P.R. Discussion Papers.
    11. Fernando Alvarez & David Argente & Francesco Lippi, 2020. "A Simple Planning Problem forCOVID-19 Lockdown," EIEF Working Papers Series 2005, Einaudi Institute for Economics and Finance (EIEF), revised Mar 2020.
    12. V. V. Chari & Rishabh Kirpalani & Christopher Phelan, 2021. "The Hammer and the Scalpel: On the Economics of Indiscriminate versus Targeted Isolation Policies during Pandemics," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 42, pages 1-14, October.
    13. Mercedes Yanes-Lane & Nicholas Winters & Federica Fregonese & Mayara Bastos & Sara Perlman-Arrow & Jonathon R Campbell & Dick Menzies, 2020. "Proportion of asymptomatic infection among COVID-19 positive persons and their transmission potential: A systematic review and meta-analysis," PLOS ONE, Public Library of Science, vol. 15(11), pages 1-21, November.
    14. David Berger & Kyle Herkenhoff & Chengdai Huang & Simon Mongey, 2022. "Testing and Reopening in an SEIR Model," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 43, pages 1-21, January.
    15. Kydland, Finn E. & Prescott, Edward C., 1980. "Dynamic optimal taxation, rational expectations and optimal control," Journal of Economic Dynamics and Control, Elsevier, vol. 2(1), pages 79-91, May.
    16. Susan Athey & Andrew Atkeson & Patrick J. Kehoe, 2005. "The Optimal Degree of Discretion in Monetary Policy," Econometrica, Econometric Society, vol. 73(5), pages 1431-1475, September.
    17. Glover, Andrew & Heathcote, Jonathan & Krueger, Dirk & Rios-Rull, Jose-Victor, 2020. "Health versus Wealth: On the Distributional Effects of Controlling a Pandemic," CEPR Discussion Papers 14606, C.E.P.R. Discussion Papers.
    18. Phelan, Christopher, 2006. "Public trust and government betrayal," Journal of Economic Theory, Elsevier, vol. 130(1), pages 27-43, September.
    19. Farboodi, Maryam & Jarosch, Gregor & Shimer, Robert, 2021. "Internal and external effects of social distancing in a pandemic," Journal of Economic Theory, Elsevier, vol. 196(C).
    20. Veronica Guerrieri & Guido Lorenzoni & Ludwig Straub & Iván Werning, 2022. "Macroeconomic Implications of COVID-19: Can Negative Supply Shocks Cause Demand Shortages?," American Economic Review, American Economic Association, vol. 112(5), pages 1437-1474, May.
    21. Eichenbaum, Martin S. & Rebelo, Sergio & Trabandt, Mathias, 2022. "The macroeconomics of testing and quarantining," Journal of Economic Dynamics and Control, Elsevier, vol. 138(C).
    22. Marina Halac & Pierre Yared, 2020. "Commitment versus Flexibility with Costly Verification," Journal of Political Economy, University of Chicago Press, vol. 128(12), pages 4523-4573.
    23. Manuel Amador & Iván Werning & George-Marios Angeletos, 2006. "Commitment vs. Flexibility," Econometrica, Econometric Society, vol. 74(2), pages 365-396, March.
    24. Simon Mongey & Laura Pilossoph & Alexander Weinberg, 2021. "Which workers bear the burden of social distancing?," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 19(3), pages 509-526, September.
    25. Alessandro Dovis & Rishabh Kirpalani, 2019. "Rules without Commitment: Reputation and Incentives," NBER Working Papers 26451, National Bureau of Economic Research, Inc.
    26. Andrew Atkeson, 2020. "What Will be the Economic Impact of COVID-19 in the US? Rough Estimates of Disease Scenarios," Staff Report 595, Federal Reserve Bank of Minneapolis.
    27. Chari, V V & Kehoe, Patrick J, 1990. "Sustainable Plans," Journal of Political Economy, University of Chicago Press, vol. 98(4), pages 783-802, August.
    28. Paul Klein & Per Krusell & José-Víctor Ríos-Rull, 2008. "Time-Consistent Public Policy," Review of Economic Studies, Oxford University Press, vol. 75(3), pages 789-808.
    29. Robert E. Hall & Charles I. Jones & Peter J. Klenow, 2020. "Trading Off Consumption and COVID-19 Deaths," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 42(1), pages 1-14, June.
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    Cited by:

    1. Andr� Kall�k Anundsen & Bj�rnar Karlsen Kivedal & Erling R�ed Larsen & Leif Anders Thorsrud, 2020. "Behavioral changes and policy effects during Covid-19," Working Papers No 07/2020, Centre for Applied Macro- and Petroleum economics (CAMP), BI Norwegian Business School.
    2. V. V. Chari & Rishabh Kirpalani & Christopher Phelan, 2021. "The Hammer and the Scalpel: On the Economics of Indiscriminate versus Targeted Isolation Policies during Pandemics," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 42, pages 1-14, October.
    3. Chrys Esseau-Thomas & Omar Galarraga & Sherif Khalifa, 2022. "Epidemics, pandemics and income inequality," Health Economics Review, Springer, vol. 12(1), pages 1-15, December.
    4. Guido Ascari & Andrea Colciago & Riccardo Silvestrini, 2021. "Business Dynamism, Sectoral Reallocation and Productivity in a Pandemic," Working Papers 482, University of Milano-Bicocca, Department of Economics, revised Sep 2021.
    5. Laura Alfaro & Ester Faia & Nora Lamersdorf & Farzad Saidi, 2020. "Social Interactions in Pandemics: Fear, Altruism, and Reciprocity," NBER Working Papers 27134, National Bureau of Economic Research, Inc.
    6. Fushi Wang & Weiwei Qiao & Fei Wang & Liuyan Meng, 2022. "Analysis of Online Consultations and Emergent Treatments of Operative Dentistry and Endodontics during the COVID-19 Epidemic," IJERPH, MDPI, vol. 19(4), pages 1-9, February.
    7. Martin Forster & Emanuela Randon, 2020. "Epidemic policy under uncertainty and information," Discussion Papers 20/05, Department of Economics, University of York.
    8. Shin-ichi Fukuda, 2022. "Self-fulfilling Lockdowns in a Simple SIR-Macro Model," CIRJE F-Series CIRJE-F-1183, CIRJE, Faculty of Economics, University of Tokyo.
    9. Facundo Piguillem & Liyan Shi, 2020. "Optimal COVID-19 Quarantine and Testing Policies," EIEF Working Papers Series 2004, Einaudi Institute for Economics and Finance (EIEF), revised Apr 2020.
    10. Bayer, Christian & Born, Benjamin & Luetticke, Ralph & Müller, Gernot, 2020. "The Coronavirus Stimulus Package: How large is the transfer multiplier?," CEPR Discussion Papers 14600, C.E.P.R. Discussion Papers.
    11. Giorgio Fabbri & Salvatore Federico & Davide Fiaschi & Fausto Gozzi, 2021. "Mobilty Decisions, Economic Dynamics and Epidemic," LIDAM Discussion Papers IRES 2021017, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    12. Greg Kaplan & Benjamin Moll & Giovanni L. Violante, 2020. "The Great Lockdown and the Big Stimulus: Tracing the Pandemic Possibility Frontier for the U.S," NBER Working Papers 27794, National Bureau of Economic Research, Inc.
    13. David Baqaee & Emmanuel Farhi & Michael J. Mina & James H. Stock, 2020. "Reopening Scenarios," NBER Working Papers 27244, National Bureau of Economic Research, Inc.
    14. Cardani, Roberta & Croitorov, Olga & Giovannini, Massimo & Pfeiffer, Philipp & Ratto, Marco & Vogel, Lukas, 2022. "The euro area’s pandemic recession: A DSGE-based interpretation," Journal of Economic Dynamics and Control, Elsevier, vol. 143(C).
    15. Acedański, Jan, 2021. "Optimal lockdown policy during the election period," Economic Analysis and Policy, Elsevier, vol. 72(C), pages 102-117.
    16. Christopher Cotton & Bahman Kashi & Huw Lloyd‐Ellis & Frederic Tremblay & Brett Crowley, 2022. "Quantifying the economic impacts of COVID‐19 policy responses on Canada's provinces in (almost) real time," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 55(S1), pages 406-445, February.
    17. Laura Alfaro & Ester Faia & Nora Lamersdorf & Farzad Saidi, 2021. "Social Interactions in a Pandemic," ECONtribute Discussion Papers Series 110, University of Bonn and University of Cologne, Germany.

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    More about this item

    JEL classification:

    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health

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