The early COVID-19 pandemic literature focused on the conflict between lives and livelihoods. But cross-country evidence reveals that across countries high mortality rates were often associated with large gross domestic product contractions. This paper shows that the presumed trade-off was associated with lockdowns as the primary instrument of containment. Early transition from lockdowns to testing-tracing-isolation-based containment softened the...
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INFORMACIÓN
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2021/06/10
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Documento de trabajo sobre investigaciones relativas a políticas
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WPS9696
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1
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1
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2021/06/10
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Disclosed
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Lives versus Livelihoods during the COVID-19 Pandemic : How Testing Softens the Trade-off
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determinants of economic growth