美国冠状病毒引发的经济衰退:会产生长期影响吗?

Q4 Economics, Econometrics and Finance
Arthur H. Goldsmith
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引用次数: 1

摘要

美国冠状病毒经济衰退始于2020年2月底,两个月后结束。快速复苏归功于《冠状病毒援助、救济和经济稳定法案》(CARES Act),这是2020年3月底启动的一项大规模财政刺激计划,伴随着强劲的扩张性货币政策。本文提出了这样一种观点,即尽管日冕衰退在历史上是短暂的,但它有两个更持久、更长期的影响,而这些影响在很大程度上被忽视了。首先,它加速了两种新兴趋势——远程工作的扩大和数字技术的更快采用——每一种趋势都将对美国的工作、社会和福祉产生深远的影响。其次,大流行引发的经济衰退催生了一条新的途径——孤独和社会隔离——这加剧了情绪健康问题,这是所有经济衰退的一部分,尤其是对年轻人来说。这一事件也可能对经济和社会生活产生持久的影响。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
THE CORONAVIRUS RECESSION IN THE U.S.: IS THERE A LONG-RUN FOOTPRINT?
The U.S. coronavirus recession began in late February of 2020 and was over in two months. The rapid recovery was due to the Coronavirus Aid, Relief, and Economic Stability Act (CARES Act), a large fiscal stimulus program initiated in late March 2020, that was accompanied by a strong expansionary monetary policy. This paper advances the notion that although the Corona-Recession was historically short it had two more permanent—longer-run—impacts that have largely been ignored. First, it accelerated two emerging trends—expansion of remote work, and more rapid adoption of digital technologies—and each will have a profound effect on work, society, and well-being in the U.S. Second, the pandemic-fuelled downturn fostered a new pathway—loneliness and social isolation—that exacerbated the emotional health concern that is part of all recessions, especially for younger persons. This occurrence is also likely to have an enduring footprint on economic and social life.
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来源期刊
Journal of Business Valuation and Economic Loss Analysis
Journal of Business Valuation and Economic Loss Analysis Economics, Econometrics and Finance-Finance
CiteScore
0.40
自引率
0.00%
发文量
3
期刊介绍: The Journal of Business Valuation and Economic Loss Analysis (JBVELA) is a refereed academic journal that publishes continuously throughout the year and is co-edited by Bradley Ewing and James Hoffman. The mission of the Journal of Business Valuation and Economic Loss Analysis is to improve the practice of business valuation, economic loss analysis, and risk management by helping to inform academics, practitioners, and attorneys about theoretical and practical developments in these fields.
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