Summary:
NZZ, 2 April 2020. PDF. The aggregate Covid-19 shock calls for transfers of the type a pandemic insurance would have brought about. But we must not distort relative prices. They have to reflect scarcity, to provide incentives to overcome it. (This applies within countries but also across.)
Topics:
Dirk Niepelt considers the following as important: Contributions, coronavirus, COVID-19, Redistribution, Risk sharing, Switzerland, Transfer
This could be interesting, too:
NZZ, 2 April 2020. PDF. The aggregate Covid-19 shock calls for transfers of the type a pandemic insurance would have brought about. But we must not distort relative prices. They have to reflect scarcity, to provide incentives to overcome it. (This applies within countries but also across.)
Topics:
Dirk Niepelt considers the following as important: Contributions, coronavirus, COVID-19, Redistribution, Risk sharing, Switzerland, Transfer
This could be interesting, too:
Claudio Grass writes Private property rights under siege
Claudio Grass writes Private property rights under siege
Marc Chandler writes Quiet End to a Busy Week
Dirk Niepelt writes “Augenwischerei um SNB-Ausschüttungen (Misconceptions about SNB Distributions),” NZZ, 2024
NZZ, 2 April 2020. PDF.
The aggregate Covid-19 shock calls for transfers of the type a pandemic insurance would have brought about. But we must not distort relative prices. They have to reflect scarcity, to provide incentives to overcome it. (This applies within countries but also across.)