Impact of pandemic COVID‐19 on global economies (a seven‐scenario analysis)

Impact of pandemic COVID‐19 on global economies (a seven‐scenario analysis)

Coronavirus (COVID‐19) has affected life expectancy and disturbed economic growth. In pursuance of a better understanding of the probable economic consequences, the present research evaluates seven diverse scenarios/situations to anticipate the possible progression of COVID‐19 using a global hybrid...

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Veröffentlicht in:Managerial and decision economics 2021-10, Vol.42 (7), p.1897-1908
Hauptverfasser: Jawad, Muhammad, Maroof, Zaib, Naz, Munazza
Format: Artikel
Sprache:eng
Schlagworte:
COVID-19
Economic growth
Equilibrium
Life expectancy
Pandemics
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Zusammenfassung:Coronavirus (COVID‐19) has affected life expectancy and disturbed economic growth. In pursuance of a better understanding of the probable economic consequences, the present research evaluates seven diverse scenarios/situations to anticipate the possible progression of COVID‐19 using a global hybrid dynamic stochastic general equilibrium (DSGE)–computable general equilibrium (CGE) general equilibrium model and also investigates the macroeconomic outcomes.
ISSN:0143-6570
1099-1468
DOI:10.1002/mde.3337