This article was published in The Journal of Public Economic Theory
This paper studies the gains and losses incurred during the COVID-19 pandemic. The authors distinguish between the effects of the pandemic and those of the health measures implemented to reduce the death toll, notably ‘the lockdown’. The theoretical model is focused on within-sector firm heterogeneity and involves imperfect competition in a partial equilibrium setting. A comparison between the gains and losses triggered by both the pandemic and the lockdown indicates that an excess profits tax imposed on the ‘winners’ could partly compensate the ‘losers’ of the same sector.
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Understanding the mechanisms of deforestation is necessary in order to slow or arrest its progress. To accomplish this requires rigorously estimating the demand for deforestation. We contribute to this endeavor by estimating the effect of crop prices on the demand for conversion of land from forest to agriculture in the tropics during the 21st...
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