Cost-benefit considerations of lockdowns: What are we missing?

Thomas Obst and Dan Schläger

No 33/2021e, IW-Kurzberichte from Institut der deutschen Wirtschaft (IW) / German Economic Institute

Abstract: A cross-country comparison shows similar behavioural adaptations of individuals despite different degrees of stringency of the respective lockdown in place. In Germany, during the first lockdown in spring 2020 mobility fell by 45 percent, while in Sweden it also decreased by 27 percent during the same period. A comprehensive cost-benefit analysis is crucial to better evaluate the efficacy of lockdowns and implied trade-offs.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:iwkkur:332021e

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