• Corpus ID: 153866428


  author={Steven Kennedy and Jim Thomson and Petar Vujanovic},
  journal={Research Papers in Economics},
Steven Kennedy, Jim Thomson and Petar Vujanovic discuss the pathways through which a pandemic might affect the Australian economy. They find that confidence effects and the (large) short term withdrawal of labour are probably the dominant mechanisms through which a pandemic adversely affects the economy. The macroeconomic policy implications flow naturally from these potential economic effects. In particular, policies that restore confidence and consumption, support business in the short term… 

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