Coronavirus

Risk-Sharing and the Corona Pandemic

By / / Behavioral Economics, Economics of Pandemics, Global Crises, Globalization, Health Economics, Health risks

Risk-Sharing and the Corona Pandemic Read Post »

How can risk-sharing help resolve the Corona Pandemic? Corona Pandemic is a global health risk that all economies face together. However, the more each country seeks to solve the COVID19 crisis independently, the more all countries seem to lose control of the situation at society’s global, national, and local levels. The Corona Pandemic is a Global Health Shock The Corona Pandemic is a global health shock with a globally differentiated local impact that hit every corner of this earth. We can describe the impact of COVID-19 as an asymmetric shock on households, firms, and sectors within and across the world. […]

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Impact of the Coronavirus Pandemics on the Economic Policy Adjustments in Germany and in the USA

By / / Economic Blog, Economic Consultancy, Economic Research, Economics of Pandemics, Global Crises, Globalization, Health Economics, International Economics, Macroeconomics, Microeconomics

Impact of the Coronavirus Pandemics on the Economic Policy Adjustments in Germany and in the USA Read Post »

How are Governments courageously dealing with the Coronavirus-Pandemic and the Corona-Crisis? Worldwide politicians are reacting very differently. Reactions to the pandemic have now become a war between optimism and pessimism. While some politicians realize how serious the current health crisis will be, others are busy procrastinating about an optimistic future. Early birds catch the worm and can navigate through the health crisis, taking leadership on flattening the pandemic spread of the Coronavirus.

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How do Pandemics contribute to Innovation?

By / / Globalization, Economics of Pandemics, Health Economics, International Economics, Macroeconomics, Markets

How do Pandemics contribute to Innovation? Read Post »

How do pandemics contribute to innovation globally? The Coronavirus has caused the Corona-Pandemic disease COVID-19 to ravage human health around the globe. But are we at the edge? Will health scientists find solutions to this pandemic? How can the Coronavirus Pandemic contribute to innovation? Will medical researchers discover the healing vaccine to combat the coronavirus? Behavioral solutions have already been implemented to curb the virus’s spread. Social distancing is now a global model of behavior that should lead to lower infection rates, while society aims at finding a technological solution soon. The world needs quick-testing kits, vaccines, containment technologies, and

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Synergy between Health and Economics: Oil-Price-Crash or Corona-Crash

By / / Economic Blog, Behavioral Economics, Economics of Pandemics, Financial Markets, Foundations of Economics, Global Crises, Globalization, Health Economics, Macroeconomics, Markets, Microeconomics

Synergy between Health and Economics: Oil-Price-Crash or Corona-Crash Read Post »

Health shocks can also cause economic shocks (ceteris-paribus). The coronavirus pandemic is one of the health shocks that might unravel another global economic shock. Why is that the case? Fact number one, health is a basic human need. Consequently, the satisfaction the health needs requires human decision-making in all economies. Decision-makers face the challenge of managing the synergies between health and economics amid a health shock. How is the Scenario?

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